| 15.SE.Seminole Stuart, FL 34994 |
| Listed Date YYYY/MM/DD:2024-07-10 | ID: 18011003242 |
| Price: $5,995,000 | County: Martin |
| Approximate Lot Size: 22835.00 |
| Area: 8 - Stuart - North of Indian St | Square Footage: 12622.00 |
| Property Tax: $77,360.00 |
| Sewer Description: | Zoning Information:UrbanWaterfront |
| Folio Number: 043841015001000613 |
| Number of Units: 25 | Year Built: 1913 |
| Number of Parking Spaces: |
| Lot Description: |
| Year Built Description: Resale | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 3.0 |
| Tax Year: 2023 | Tax Information: |
| Legal Description: PORTER'S ADD'N W 16' OF LOT 6 & ALL OF LOTS 7 & 8 BLK 1 OR 343/2143 |
| Rare Gem in the Heart of Downtown Stuart with Direct Riverfront Views. Build up to 15 luxury TH's or condo's over 0.5167 acres with garages, private docks/marina and rooftop decks overlooking direct river views. Urban Waterfront Zoning allows retail, restaurant, office, residential use up to 30 units/acre. Walk to everything downtown has to offer. Previous lodging destination. Property currently has 25 grandfathered multifamily units over 3 stories with potential to do short-term rentals. Property could use updating and has significant add value potential considering its rare/unique historical appeal. Convert into a high-scale waterfront accommodation and merge units to make for larger suites. 2022/2023: metal roof, re-stuccoed & paint. Estimated 240ft dock and large parking lot on-site. |
