15 SE Seminole ST Active Save Request In-Person Tour Request Virtual Tour
Stuart,FL 34994
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 12,622 sqft
Price per Sqft $474
Subdivision Downtown Stuart
MLS Listing ID RX-11003257
Year Built 1913
Annual Tax Amount $77,360
Tax Year 2023
Lot Size 0.520 Acres
Property Description
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.
Location
State FL
County Martin
Area 8 - Stuart - North Of Indian St
Zoning UrbanWaterfront
Interior
Heating Electric
Cooling Electric
Flooring Wood Floor
Fireplaces Type None
Exterior
Utilities Available Cable,Electric,Gas Natural,Public Sewer,Public Water
Waterfront Yes
Waterfront Description Intracoastal,Marina,No Fixed Bridges,Ocean Access,River
Roof Type Metal
Building
Story 100.00
Foundation Stucco
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional