816 SE Ocean Blvd, Stuart, FL
High-profile medical office with flexible floor plan and ample parking.
- Added:
- Apr 21, 2025
- Days on Market:
- 429
- Last Refresh:
- May 20 at 8:23 pm
Property Features for 816 SE Ocean Blvd
General Information
- Standard status
- Active
- Size
- 3,476 SF
- Lot size
- 0.47 Acres
- Property subtype
- OFFICE
Listing agent Jeffrey D. Chamberlin License #BK435239 (772) 528-6056
Listing office SLC Commercial Realty & Development (772) 528-6056
Listing date Apr 21, 2025
Source Moodyscre
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HighLights
- High‑profile medical office building with excellent parking (19+/- spaces), access, and signage.
- Flexible floor plan with multiple entrances.
- Equipped with at least 7 exam rooms, doctor's offices, waiting/reception areas, billing offices, lab, and storage, plus 3 bathrooms.
- Includes doctor's offices, waiting/reception areas, billing / bookkeeping offices, lab and storage.
- Subject to land lease @ $22,800 annually, expiring 11/30/33.
- Includes a 30‑year option to renew the land lease.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.6k | $25.20 |
| − Vacancy | −$8.3k | −$2.39 |
| EGI | $79.3k | $22.81 |
| − OpEx | −$31.7k | −$9.12 |
| NOI | $47.6k | $13.68 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Claunch Animal Hospital — 665 SW Pine Ave, Stuart, FL 34994
- Boulevard Animal Hospital — 835 SE Ocean Blvd, Stuart, FL 34994
- Wayne Diamond, DVM — 835 SE Ocean Blvd, Stuart, FL 34994
- Cherished Pet Autopsy & Discovery Services — Stuart, FL 34994, United States
- Veterinary Heart Institute — 835 SE Ocean Blvd, Stuart, FL 34994
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2397
- Latitude
- 27.1972