Downtown Standalone Office
For Sale
Contact for pricing
310 Southwest Ocean Boulevard, Stuart, FL 34994
Standalone office building with reception, multiple private offices, and a rooftop patio for work breaks and meetings.
Property Size3,837 SF
Price / SF$390.93
Days on Market58
Property Features for 310 Southwest Ocean Boulevard
General Information
Standard status
Active
Size
3,837 SF
Property subtype
Office, Mixed Use, Special Purpose
Zoning
UC - Urban Center
Additional Details
Sprinkler System
Yes
Office Units
11
Building Details
Year Built
1977
Year Renovated
2026
Buildings
1
Stories
2
Listing Agency:
Florida Commercial Enterprises
(772) 631-7989
Listed By:
Albert Brown · License #FL 3072206
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 12 at 8:46AM
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.
This standalone commercial office building offers 3,837 square feet of flexible workspace. The interior includes a welcoming reception and waiting area, administrative office space, eight private offices, and a conference room, along with a kitchenette. A dedicated fire sprinkler riser room supports the building’s fire protection infrastructure. The property also features a fenced rear outdoor area for employee breaks, gatherings, or recreational use.
The building is located in Downtown Stuart at 310 Southwest Ocean Boulevard and is zoned UC (Urban Center). The offering describes convenient proximity to shopping, restaurants, schools, professional offices, government services, and other downtown amenities, supporting a range of service-oriented uses.
Upstairs, the second floor provides additional flexibility with a large open workspace and a private office. Washer and dryer hookups are available, and the floor includes direct access to a rooftop patio that can support outdoor meetings, special events, or collaborative gathering space. The building also includes a state-approved emergency eyewash station with a 24-inch faucet, designed to support professional, educational, wellness, medical-related, nonprofit, and service uses. For continuity, the property is equipped with a 25KW whole-building propane generator, which can help maintain operations during outages.
The building is located in Downtown Stuart at 310 Southwest Ocean Boulevard and is zoned UC (Urban Center). The offering describes convenient proximity to shopping, restaurants, schools, professional offices, government services, and other downtown amenities, supporting a range of service-oriented uses.
Upstairs, the second floor provides additional flexibility with a large open workspace and a private office. Washer and dryer hookups are available, and the floor includes direct access to a rooftop patio that can support outdoor meetings, special events, or collaborative gathering space. The building also includes a state-approved emergency eyewash station with a 24-inch faucet, designed to support professional, educational, wellness, medical-related, nonprofit, and service uses. For continuity, the property is equipped with a 25KW whole-building propane generator, which can help maintain operations during outages.
Key Highlights
- 3,837 SF standalone commercial building built in 1977 in Downtown Stuart
- UC (Urban Center) zoning with flexible layout including reception, waiting area, admin office, 8 private offices, and conference room
- Second floor features a large open workspace, private office, washer/dryer hookups, and direct access to a rooftop patio
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,484
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$969,680
$969.7K
Cap Rate 7%
$692,629
$692.6K
Cap Rate 9%
$538,711
$538.7K
Market Conditions
NOI Build-Up for 3,837 SF
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.
Gross rent
$82.9K $21.60/SF
− Vacancy
−$18.2K −$4.75/SF
EGI
$64.6K $16.85/SF
− OpEx
−$16.2K −$4.21/SF
NOI
$48.5K $12.64/SF
Area
Martin County, FL
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$969,680
Cap Rate 7%
$692,629
Cap Rate 9%
$538,711
Alternative Uses
Best Use
Office B
$692.6K
$606.1K – $808.1K
NOI $48,484 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.01M
$882.0K – $1.18M
NOI $70,561 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
11
Office units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,388
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Standalone office building with reception, multiple private offices, and a rooftop patio for work breaks and meetings.
Where is this office building located?
The property is located at 310 Southwest Ocean Boulevard Stuart, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,837 SF standalone commercial building built in 1977 in Downtown Stuart; UC (Urban Center) zoning with flexible layout including reception, waiting area, admin office, 8 private offices, and conference room; Second floor features a large open workspace, private office, washer/dryer hookups, and direct access to a rooftop patio
