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15 SE Seminole Street, Stuart, FL, 34994
Downtown Stuart Riverfront Development Opportunity

15 SE Seminole Street Stuart, FL 34994

For Sale
Contact for pricing

Rare riverfront property in downtown Stuart with redevelopment potential.

Property Size12,622 SF
Lot Size0.52 Acres
Price / SF$474.96
Days on Market746

Property Features for 15 SE Seminole Street

General Information

Standard status
Active
Size
12,622 SF
Lot size
0.52 Acres
Property subtype
Special Purpose

Building Details

Year Built
1913
Listing Agency: Regency Realty Services
Listed By: Matan Morag · License #SL3124553
Source: Crexi
Added: Jul 11, 2024 Changed: Jul 10 Last Checked: Jul 25 at 7:49AM

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

Property Profile Location Intelligence

Current Use by Public Records

Riverview Apartments Apartment Building

Suggested Use

Storage Facility Locksmith Grocery & Convenience Store Florist Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
(561) 706-0095 Call to check price and availability
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