Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6196 Se Federal Hwy Stuart, FL 34997

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr

    Newly renovated retail space in high-traffic Stuart location.

    Type:Retail
    Property size:
    15,220 SF
    Added:
    Jan 27, 2026
    Days on Market:
    66
    Last Refresh:
    Dec 3 at 5:58 am

    Property Features for 6196 Se Federal Hwy

    General Information

    Standard status
    Active
    Size
    15,220 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1990

    Spaces For Lease

    at 6196 Se Federal Hwy Contact us

    We can help!

    Listing Contact
    Stuart Duffin, CCIM
    Stuart Duffin, CCIM

    Listing agent Stuart Duffin, CCIM License #FL #3071098

    Listing office

    Listing date Jan 27, 2026

    Source Naiglobal

    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 Stuart Duffin, CCIM

    Overview

    Retail Space on Federal Highway

    Located at 6196 SE Federal Highway in South Stuart, Florida, the Palm Springs Center offers a newly renovated retail space suitable for various retail uses. The property, with a total size of 15220 square feet, is positioned directly on SE Federal Highway, benefiting from high traffic counts. Situated at the corner of Lillian Court and US Highway 1 in south Stuart, the location provides accessibility and visibility.
    Location Intelligence

    Current Use by Public Records

    The Boil Daddy - Stuart Restaurant

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.2
    Latitude
    27.1284

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Stuart Office Space Available

      Professional office space in historic downtown Stuart building for lease.
      300 S Colorado Avenue unit: 205, Stuart, FL 34994
      View Details
    • Contact for pricing

      Medical Office Near Cleveland Clinic

      Medical office space for lease directly across from Cleveland Clinic.
      528 SE Osceola Street unit: B1, Stuart, FL 34994
      View Details
    • $22/mo

      Stuart Office/Retail Storefront with Loft

      Prime commercial space with loft storage and roll-up door.
      2518 SE Willoughby Boulevard, Stuart, FL 34994
      View Details
    • Contact for pricing

      Retail/Office Space in Downtown Stuart

      Retail or office space with high exposure in downtown Stuart.
      38 SE Ocean Boulevard unit: 38, Stuart, FL 34994
      View Details
    • Contact for pricing

      Stuart Office/Retail Space For Rent

      Office and retail space available for lease in Stuart, Florida.
      38 SE Ocean Boulevard, Stuart, FL 34994
      View Details
    • Contact for pricing

      Stuart Office Space For Lease

      Air-conditioned 1,500 SF office space available for immediate lease.
      3163 SE Lionel Terrace unit: 2Nd Floor South 1,500Sf, Stuart, FL 34997
      View Details
    • Contact for pricing

      Stuart Office Space For Lease

      Air-conditioned office space in Stuart, includes utilities and CAM.
      3159 SE Lionel Terrace unit: 3159 1East, Stuart, FL 34997
      View Details
    • $15/mo

      Professional Office Space For Rent

      Office space in growing area near country club.
      7000 SE Federal Hwy, Stuart, FL 34997
      View Details
    • $24/mo

      Stuart Office Building with Parking

      Four-story office building with parking garage in Stuart, Florida.
      2400 SE Federal Hwy, Stuart, FL 34994
      View Details
    • $16/mo

      Retail Space in Downtown Stuart

      Highly visible retail property in the gateway to Downtown Stuart.
      735 S Colorado Ave, Stuart, FL 34994
      View Details
    • $28/mo

      Downtown Stuart Office Building

      Versatile office space in the heart of downtown Stuart, Florida.
      218 SE Osceola St, Stuart, FL 34994
      View Details
    • $21/mo

      Second Floor Office Space Available

      11,674 SF office space with kitchen and elevator.
      1000 SE Ruhnke St, Stuart, FL
      View Details

    FAQs

    What type of property is this?
    Retail property - Newly renovated retail space in high-traffic Stuart location.
    Where is this retail property located?
    The property is located at 6196 Se Federal Hwy Stuart, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: High traffic location on SE Federal Highway, ideal for retail.; Newly renovated property.; Located in South Stuart, FL.
    (772) 579-0370
    We can help!
    Listing Contact
    Stuart Duffin, CCIM
    Stuart Duffin, CCIM
    Real Estate License ID: FL #3071098
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!