Turnkey Medical Office
900 SE Ocean Blvd B212 Stuart, FL 34994
900 SE Ocean Blvd B212, Stuart, FL, 34994
$274,900
For Sale
$274,900
Turnkey second-floor office suite with multiple private offices, reception area, restroom, and kitchenette in a restored professional center.
Property Size985 SF
Price / SF$279.09
Days on Market19
Property Features for 900 SE Ocean Blvd B212
General Information
- Standard status
- Active
- Size
- 985 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agency
SPELL REALTY GROUP
(561) 282-7867
Listed by
Travis Brooke Spell · License #B26008062
(561) 282-7867
Source
Elliman
Added: Jul 4 Updated: Jul 10 at 2:12PM Checked: Jul 21 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SPELL REALTY GROUP
Investment Insights
Based on property information with market context.
Turnkey second-floor office unit in Building B of the Stuart Professional Center, positioned near the elevator and stairwell for convenient access. The space is designed for professional or medical use and includes three private offices, a reception/lobby area, a private restroom, and a kitchenette. Unit improvements are supported by recent association-level work, including a new roof, concrete restoration, elevator modernization, new railings, exterior painting, and waterproofing.
The property is located at 900 SE Ocean Blvd in Stuart, Florida (Unit B212). The professional complex is maintained through an active facilities program, and additional exterior enhancements are noted as underway, with new irrigation and landscaping planned within about two months.
This suite is a practical fit for an owner-user seeking a ready-to-occupy layout with dedicated private rooms and amenities, or for an investor looking to acquire a finished unit in a recently restored office environment. The listing notes that a special assessment/loan is assumable or can be satisfied at closing, which may be relevant to underwriting and transaction planning.
The property is located at 900 SE Ocean Blvd in Stuart, Florida (Unit B212). The professional complex is maintained through an active facilities program, and additional exterior enhancements are noted as underway, with new irrigation and landscaping planned within about two months.
This suite is a practical fit for an owner-user seeking a ready-to-occupy layout with dedicated private rooms and amenities, or for an investor looking to acquire a finished unit in a recently restored office environment. The listing notes that a special assessment/loan is assumable or can be satisfied at closing, which may be relevant to underwriting and transaction planning.
Key Highlights
- Turnkey 985 SF second‑floor office unit in Building B within the Stuart Professional Center
- Layout includes 3 private offices, a reception/lobby area, a private restroom, and a kitchenette
- Association restoration completed with new roof, concrete restoration, elevator modernization, new railings, exterior paint, and waterproofing
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 | $24.8k | $25.20 |
| − Vacancy | −$2.4k | −$2.39 |
| EGI | $22.5k | $22.81 |
| − OpEx | −$9.0k | −$9.12 |
| NOI | $13.5k | $13.68 |
985 SF · lease $25.20/SF/yr · vacancy 9.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$192.5K
$168.5K – $224.6K
NOI $13,478 @ 7.0% cap · market cap 4.90%
Second Best
Office B
$177.8K
$155.6K – $207.4K
NOI $12,446 @ 7.0% cap · market cap 4.53%
Theoretical Best
Retail
$258.8K
$226.4K – $301.9K
NOI $18,114 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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FAQs
What type of property is this?
Office units - Turnkey second-floor office suite with multiple private offices, reception area, restroom, and kitchenette in a restored professional center.
Where is this office units located?
The property is located at 900 SE Ocean Blvd B212 Stuart, FL.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Turnkey 985 SF second‑floor office unit in Building B within the Stuart Professional Center; Layout includes 3 private offices, a reception/lobby area, a private restroom, and a kitchenette; Association restoration completed with new roof, concrete restoration, elevator modernization, new railings, exterior paint, and waterproofing
