Waterfront Office with
221 SE Osceola Street, Stuart, FL 34994
SINGLE_FAMILY - Stuart, FL
Type:Office
Property size:
41,235 SFLot size:
1.12 AcresPrice / SF:
$175/SF- Added:
- Sep 17, 2025
- Days on Market:
- 267
- Last Refresh:
- Jun 10 at 9:06 am
Property Features for 221 SE Osceola Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- UW
- Bathrooms
- 17
- Rooms
- Bathroom 1, Bathroom 14, Bathroom 10, Bathroom 11, Bathroom 12, Bathroom 15, Bathroom 17, Bathroom 7, Bathroom 13, Bathroom 8, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 16, Bathroom 5, Bathroom 9, Bathroom 6
- Parking
- 68
- Security features
- Security System
- Standard status
- Active Under Contract
- APN
- 043841002000000102
- Size
- 41,235 SF
- Lot size
- 1.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- EAST END LOTS 1 TO 9 INC OR 342/710 LAW OFFICE OF GARY,WILLIAMS,
- Tax Annual Amount
- 15826
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Zoned, Electric (Heating), Central
- Cooling system
- Zoned, Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 3
- Number of units
- 1
- Flooring type
- Carpet, Marble
- Building materials
- CBS
- Roof type
- Flat
Listing agent Taylora Gary License #3228534 (305) 397-5923
Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL (954) 545-5583
Listing date Sep 17, 2025
MLS# R11124971
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 25,000+ SF office building on SE Osceola Street with St. Lucie River views
- Dockage available under a state lease for 36 slips
- Urban Waterfront zoning; current use is professional office with flexibility for mixed use, residential, hospitality, or marina operations (subject to approvals)
- Year built 1926 with CBS construction, flat roof, and zoned central heating and cooling
- Utilities include cable available; served by public water and public sewer
- Interior finishes include carpet and marble flooring
Overview
This waterfront office property includes an office building of 25,000+ square feet located at 221 SE Osceola Street in downtown Stuart. The site offers St. Lucie River views and includes dockage under a state lease for 36 slips, supporting marine-adjacent uses alongside the current professional office configuration. Zoning is listed as UW, and the property is described as having flexibility for mixed-use concepts, residential, hospitality, or marina operations, subject to required approvals.
The site sits on a 1.12-acre parcel and is presented as a rare downtown waterfront offering. Public remarks note walkable access to restaurants, shops, and the Riverwalk, and also reference a proposed Brightline station in the surrounding area.
For buyers or operators, the asset is currently positioned as a professional office, with on-site dockage that may support marina or hospitality-oriented programming if approved. Any sale is described as subject to lien releases and required approvals, and buyers are instructed to perform due diligence regarding entitlements and state-lease details associated with the 36-slip dockage. The combination of existing office improvements and waterfront access may appeal to users seeking a site that can potentially accommodate redevelopment plans within the stated zoning framework.
The site sits on a 1.12-acre parcel and is presented as a rare downtown waterfront offering. Public remarks note walkable access to restaurants, shops, and the Riverwalk, and also reference a proposed Brightline station in the surrounding area.
For buyers or operators, the asset is currently positioned as a professional office, with on-site dockage that may support marina or hospitality-oriented programming if approved. Any sale is described as subject to lien releases and required approvals, and buyers are instructed to perform due diligence regarding entitlements and state-lease details associated with the 36-slip dockage. The combination of existing office improvements and waterfront access may appeal to users seeking a site that can potentially accommodate redevelopment plans within the stated zoning framework.
Local Financial Insights For Office B
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 | $890.7k | $21.60 |
| − Vacancy | −$195.9k | −$4.75 |
| EGI | $694.7k | $16.85 |
| − OpEx | −$173.7k | −$4.21 |
| NOI | $521.0k | $12.64 |
41,235 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.44M
$6.51M – $8.68M
NOI $521,045 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$10.83M
$9.48M – $12.64M
NOI $758,299 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Gary, Williams, Parenti, ...
Law Firm
The Law Firm of Gary, ...
Law Firm
Gary, Williams, Parenti, ...
Law Firm
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.249599
- Latitude
- 27.198978
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Waterfront office property in downtown Stuart with dockage for 36 slips under a state lease.
Where is this office building located?
The property is located at 221 SE Osceola Street Stuart, FL.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: 25,000+ SF office building on SE Osceola Street with St. Lucie River views; Dockage available under a state lease for 36 slips; Urban Waterfront zoning; current use is professional office with flexibility for mixed use, residential, hospitality, or marina operations (subject to approvals)
