Downtown Retail
For Sale
Contact for pricing
36 SE Ocean Boulevard, Stuart, FL 34994
A 1,400-square-foot storefront supports retail or office occupancy with nearby public parking and street spaces.
Property Size9,673 SF
Price / SF$0.29
Days on Market36
Property Features for 36 SE Ocean Boulevard
General Information
Standard status
Active
Size
9,673 SF
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Year Built
1948
Listing Agency:
Illustrated Properties LLC / S
(772) 221-1118
Listed By:
Stephen M. Dutcher · License #393825
(772) 419-0402
Source:
Isaacsrealestate
Added: Sep 26
Changed: Oct 28
Last Checked: Oct 28 at 3:24PM
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 Illustrated Properties LLC / S
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,400-square-foot retail space is in downtown Stuart and can accommodate retail or office use. The building dates to 1948. Lease terms require a minimum of one year, with a multi-year commitment preferred.
The space fronts East Ocean Boulevard and is adjacent to Confusion Corner. Downtown restaurants, shops, and the county courthouse are within walking distance. A city parking lot is a short walk away, and street parking is available in front of the property.
The space fronts East Ocean Boulevard and is adjacent to Confusion Corner. Downtown restaurants, shops, and the county courthouse are within walking distance. A city parking lot is a short walk away, and street parking is available in front of the property.
Key Highlights
- 1,400 square feet of retail space; office use is also acceptable
- Frontage on East Ocean Boulevard in downtown Stuart
- Adjacent to Confusion Corner
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$177,884
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,557,680
$3.6M
Cap Rate 7%
$2,541,200
$2.5M
Cap Rate 9%
$1,976,489
$2.0M
Market Conditions
NOI Build-Up for 9,673 SF
Gross rent
$261.2K $27.00/SF
− Vacancy
−$7.1K −$0.73/SF
EGI
$254.1K $26.27/SF
− OpEx
−$76.2K −$7.88/SF
NOI
$177.9K $18.39/SF
Area
Martin County, FL
Vacancy
2.70%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,557,680
Cap Rate 7%
$2,541,200
Cap Rate 9%
$1,976,489
Alternative Uses
Best Use
Retail
$2.54M
$2.22M – $2.96M
NOI $177,884 @ 7.0% cap · market cap 6,353.00%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,053
Businesses Nearby
122k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 25%
Groceries 22%
Home Improvements & Furnishings 1%
Wawa
Shops & Services
35,105 visits/mo
0.5 miles
Publix
Groceries
26,581 visits/mo
0.5 miles
Taco Shack
Dining
10,620 visits/mo
0.1 miles
Dunkin' Donuts
Dining
9,473 visits/mo
0.4 miles
Citgo
Shops & Services
7,356 visits/mo
0.4 miles
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A 1,400-square-foot storefront supports retail or office occupancy with nearby public parking and street spaces.
Where is this retail space located?
The property is located at 36 SE Ocean Boulevard Stuart, FL.
What are key features of this property?
This property features: 1,400 square feet of retail space; office use is also acceptable; Frontage on East Ocean Boulevard in downtown Stuart; Adjacent to Confusion Corner
