Office Unit with Private
For Sale
Contact for pricing
41 SW Seminole Street # 211, Stuart, FL 34994
A private balcony, full bath, and kitchenette give this office a self-contained setup.
Property Size627 SF
Price / SF$4.78
Days on Market233
Property Features for 41 SW Seminole Street # 211
General Information
Standard status
Active
Size
627 SF
Property subtype
Office
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$5,418
Amenities
private balcony
full bath
kitchenette
waterfront
state-of-the-art amenities
Building Details
Building Size
627 SF
Year Built
2023
Listing Agency:
LoKation
Listed By:
Bernadette M Bunch · License #3457392
(772) 634-5964
Source:
Rennyrealty
Added: Mar 14
Changed: Oct 31
Last Checked: Oct 31 at 3:09AM
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 LoKation
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Investment Insights
Based on property information with market context.
Office Unit 211 at Sailfish Cove is a 627-square-foot office built in 2023. The space includes a private balcony, a full bathroom, and a kitchenette within a waterfront condominium building.
Located at 41 SW Seminole Street in Stuart, Florida, the property provides an office setting within Sailfish Cove.
Located at 41 SW Seminole Street in Stuart, Florida, the property provides an office setting within Sailfish Cove.
Key Highlights
- 627‑square‑foot office unit
- Built in 2023
- Private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,923
Suggested Prices Based on Cap Rates
Cap Rate 5%
$158,460
$158.5K
Cap Rate 7%
$113,186
$113.2K
Cap Rate 9%
$88,033
$88.0K
Market Conditions
NOI Build-Up for 627 SF
Gross rent
$13.5K $21.60/SF
− Vacancy
−$3.0K −$4.75/SF
EGI
$10.6K $16.85/SF
− OpEx
−$2.6K −$4.21/SF
NOI
$7.9K $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 Rate 5%
$158,460
Cap Rate 7%
$113,186
Cap Rate 9%
$88,033
Alternative Uses
Best Use
Office B
$113.2K
$99.0K – $132.1K
NOI $7,923 @ 7.0% cap · market cap 264.10%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$164.7K
$144.1K – $192.2K
NOI $11,530 @ 7.0% cap · market cap 384.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,792
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private balcony, full bath, and kitchenette give this office a self-contained setup.
Where is this office unit located?
The property is located at 41 SW Seminole Street # 211 Stuart, FL.
What are key features of this property?
This property features: 627‑square‑foot office unit; Built in 2023; Private balcony
