Downtown Stuart Riverfront Development
For Sale
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15 SE Seminole Street, Stuart, FL 34994
Rare riverfront property in downtown Stuart with redevelopment potential.
Property Size12,622 SF
Lot Size0.52 Acres
Price / SF$474.96
Days on Market794
Property Features for 15 SE Seminole Street
General Information
Standard status
Active
Size
12,622 SF
Class
A
Total Parking Spaces
23
Lot size
0.52 Acres
Property subtype
Special Purpose
Zoning
URBAN WATERFRONT / (CBD)
Investment Type
Value Add
Building Details
Year Built
1913
Buildings
1
Stories
3
Units
25
Listing Agency:
Regency Realty Services
Listed By:
Matan Morag · License #SL3124553
(561) 706-0095
Source:
Crexi
Added: Jul 11, 2024
Changed: Aug 14
Last Checked: Sep 11 at 5:11AM
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 Regency Realty Services
Investment Insights
Based on property information with market context.
This property, situated in the heart of downtown Stuart, offers direct riverfront views and presents a rare development opportunity. Zoned Urban Waterfront, the 0.5167-acre site allows for a variety of uses, including retail, restaurant, office, and residential, with a potential density of up to 30 units per acre. The property's zoning allows for the construction of up to 15 luxury townhouses or condominiums, potentially featuring garages, private docks or a marina, and rooftop decks with river views. The location provides convenient access to downtown amenities. Currently, the property features 25 grandfathered multifamily units across three stories, offering the potential for short-term rentals. While the existing structure could benefit from updates, its unique historical appeal presents significant value-add potential. Conversion into a high-scale waterfront accommodation with larger suites is a possibility. Recent improvements in 2022 and 2023 include a metal roof, re-stuccoed exterior, and paint. An estimated 240ft dock and a large parking lot are located on-site. The property size is 12,622 square feet.
Key Highlights
- Direct Riverfront Views in Downtown Stuart
- Urban Waterfront Zoning allows for Multiple Development Options
- Potential for 15 Luxury Townhomes/Condos with Garages, Private Docks/Marina, and Rooftop Decks
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,792
Businesses Nearby
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Business Placement
Demographics for 34994, FL
17,843
Population
10,086
Households
1.8
Avg Household Size
51
Median Age
36%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,663
Density / Sq Mi
$62,895
Median Household Income
$33,547
Median Earnings
$1,558
Median Rent
$248,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Rare riverfront property in downtown Stuart with redevelopment potential.
Where is this waterfront land located?
The property is located at 15 SE Seminole Street Stuart, FL.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: Direct Riverfront Views in Downtown Stuart; Urban Waterfront Zoning allows for Multiple Development Options; Potential for 15 Luxury Townhomes/Condos with Garages, Private Docks/Marina, and Rooftop Decks
