Two-Suite Office
700 Southeast Central Parkway, Stuart, FL 34994
For Sale
Contact for pricing
A fenced corner parcel pairs two connected suites with full occupancy and a roof installed in 2025.
Property Size13,312 SF
Lot Size5.00 Acres
Price / SF$298.60
Days on Market22
Property Features for 700 Southeast Central Parkway
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Additional Details
Office Units
Tenant in Place
Property Use
Amenities
outdoor space
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Florida Commercial Enterprises
Listed By:
Alex Aydelotte · License FL BK662112
(772) 263-1130
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 5:43PM
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
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Investment Insights
Based on property information with market context.
The freestanding office property contains 13,312 square feet across two suites of 9,000 and 4,312 square feet. An interior connection links the suites, which are fully occupied. The building sits on a fenced 5.0 ± acre corner parcel and received a new SPF polyurethane foam roof in 2025.
At 700 Southeast Central Parkway in Stuart, the property offers access to US 1, Kanner Highway, and Monterey Road. Downtown Stuart, I-95, and the Florida Turnpike are also accessible from the site.
At 700 Southeast Central Parkway in Stuart, the property offers access to US 1, Kanner Highway, and Monterey Road. Downtown Stuart, I-95, and the Florida Turnpike are also accessible from the site.
Key Highlights
- 13,312‑square‑foot freestanding office building
- Two suites measure 9,000 SF and 4,312 SF, with an interior connection
- Fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$196,485
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,929,700
$3.9M
Cap Rate 7%
$2,806,929
$2.8M
Cap Rate 9%
$2,183,167
$2.2M
Market Conditions
NOI Build-Up for 13,312 SF
Gross rent
$319.5K $24.00/SF
− Vacancy
−$57.5K −$4.32/SF
EGI
$262.0K $19.68/SF
− OpEx
−$65.5K −$4.92/SF
NOI
$196.5K $14.76/SF
Area
Martin County, FL
Vacancy
18.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,929,700
Cap Rate 7%
$2,806,929
Cap Rate 9%
$2,183,167
Alternative Uses
Best Use
Office B
$2.81M
$2.46M – $3.27M
NOI $196,485 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.82M
$3.35M – $4.46M
NOI $267,731 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,614
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A fenced corner parcel pairs two connected suites with full occupancy and a roof installed in 2025.
Where is this office building located?
The property is located at 700 Southeast Central Parkway Stuart, FL.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: 13,312‑square‑foot freestanding office building; Two suites measure 9,000 SF and 4,312 SF, with an interior connection; Fully occupied
