2300 SE MONTEREY RD Stuart, FL 34996
Multi-tenant office building in Stuart's business district with cash flow.
Property Features for 2300 SE MONTEREY RD
General Information
- Standard status
- Active
- Size
- 14,318 SF
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing office Florida Commercial Enterprises
Listing date May 21, 2026
Source Crexi
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 Florida Commercial Enterprises
Investment Insights
Based on property information with market context.
Key Highlights
- 100% Occupancy, providing Excellent Cash Flow
- Premier Class ‘A’ Office Building in Stuart’s desirable Business District
- Upgraded and renovated in recent years: New Metal Roof, HVAC systems, Exterior and Interior Painting, New Flooring
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 | $309.3k | $21.60 |
| − Vacancy | −$68.0k | −$4.75 |
| EGI | $241.2k | $16.85 |
| − OpEx | −$60.3k | −$4.21 |
| NOI | $180.9k | $12.64 |
