Turnkey Second-Floor Medical
900 SE Ocean #B212 Stuart, FL 34994
900 SE Ocean #B212, Stuart, FL, 34994
$274,900
Pending
For Sale
$274,900
Pending
Second-floor office suite with three private offices, reception area, private restroom, and kitchenette in Building B.
Property Size985 SF
Days on Market111
Property Features for 900 SE Ocean #B212
General Information
- Standard status
- Pending
- Size
- 985 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agency
SPELL REALTY GROUP
(561) 994-2334
Listed by
TRAVIS BROOKE SPELL · License #B26008062
Source
Corcoran
Added: Apr 2 Updated: Jul 21 at 12:08PM Checked: Jul 21 at 12:08PM
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 SPELL REALTY GROUP
Investment Insights
Based on property information with market context.
Turnkey second-floor office unit in Building B of the Stuart Professional Center. The space is positioned near the elevator and stairwell and includes a reception/lobby area, three private offices, a private restroom, and a kitchenette.
The professional complex has undergone recent association-level restoration work, including a new roof, concrete restoration, elevator modernization, new railings, exterior paint, and waterproofing. New irrigation and landscaping are scheduled to be added within two months.
This suite is presented for sale, with an assumable special assessment/loan or the ability to satisfy at closing.
The professional complex has undergone recent association-level restoration work, including a new roof, concrete restoration, elevator modernization, new railings, exterior paint, and waterproofing. New irrigation and landscaping are scheduled to be added within two months.
This suite is presented for sale, with an assumable special assessment/loan or the ability to satisfy at closing.
Key Highlights
- Turnkey 985 SF second‑floor office unit in Building B at Stuart Professional Center
- Layout includes 3 private offices, reception/lobby area, private restroom, and kitchenette
- Association restoration completed: new roof, concrete restoration, elevator modernization, new railings, exterior paint, and waterproofing
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.8k | $25.20 |
| − Vacancy | −$2.4k | −$2.39 |
| EGI | $22.5k | $22.81 |
| − OpEx | −$9.0k | −$9.12 |
| NOI | $13.5k | $13.68 |
985 SF · lease $25.20/SF/yr · vacancy 9.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$192.5K
$168.5K – $224.6K
NOI $13,478 @ 7.0% cap · market cap 4.90%
Second Best
Office B
$177.8K
$155.6K – $207.4K
NOI $12,446 @ 7.0% cap · market cap 4.53%
Theoretical Best
Retail
$258.8K
$226.4K – $301.9K
NOI $18,114 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kraus Healthcare LLC
Medical Group
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Second-floor office suite with three private offices, reception area, private restroom, and kitchenette in Building B.
Where is this office units located?
The property is located at 900 SE Ocean #B212 Stuart, FL.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Turnkey 985 SF second‑floor office unit in Building B at Stuart Professional Center; Layout includes 3 private offices, reception/lobby area, private restroom, and kitchenette; Association restoration completed: new roof, concrete restoration, elevator modernization, new railings, exterior paint, and waterproofing
