Professional Office
900 SE Ocean Boulevard #C 120, Stuart, FL 34994
For Sale
$529,000
A furnished conference room, private restrooms, and a separate secured waiting area complement the office suite.
Property Size1,962 SF
Price / SF$269.62
Days on Market100
Property Features for 900 SE Ocean Boulevard #C 120
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
HOA Fee
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Hartman Real Estate
Listed By:
Peter Hartman · License FL #3009625
(772) 287-4690
Source:
Homesuitehomes
Added: Aug 5
Changed: Nov 11
Last Checked: Nov 12 at 3:19PM
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 Hartman Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,962-square-foot office condominium, built in 1983, includes three offices with built-ins, a furnished 14 x 21 conference room, private bathrooms, and work space for at least four additional staff. A separate waiting room has a secured door. The professional center also provides elevator access and parking.
The property is accessed from SE Ocean Boulevard in Stuart, with connections to Downtown Stuart, the Martin County Courthouse, Cleveland Clinic, the Martin County Administrative Center, US-1, and nearby business districts. Association improvements include a new roof, exterior painting, waterproofing, new railings, landscaping, and irrigation upgrades.
The property is accessed from SE Ocean Boulevard in Stuart, with connections to Downtown Stuart, the Martin County Courthouse, Cleveland Clinic, the Martin County Administrative Center, US-1, and nearby business districts. Association improvements include a new roof, exterior painting, waterproofing, new railings, landscaping, and irrigation upgrades.
Key Highlights
- 1,962‑square‑foot office condominium built in 1983
- Three offices with built‑ins and a furnished 14 x 21 conference room
- Work area accommodates at least four additional staff
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,959
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,180
$579.2K
Cap Rate 7%
$413,700
$413.7K
Cap Rate 9%
$321,767
$321.8K
Market Conditions
NOI Build-Up for 1,962 SF
Gross rent
$47.1K $24.00/SF
− Vacancy
−$8.5K −$4.32/SF
EGI
$38.6K $19.68/SF
− OpEx
−$9.7K −$4.92/SF
NOI
$29.0K $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%
$579,180
Cap Rate 7%
$413,700
Cap Rate 9%
$321,767
Alternative Uses
Best Use
Office B
$413.7K
$362.0K – $482.7K
NOI $28,959 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$563.7K
$493.3K – $657.7K
NOI $39,460 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
Explore this area
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
$248,900
Median Home Value
Market
Average Price Trend$/SF for Office Units in Stuart, FL
Properties on Market for Office Units in Stuart
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A furnished conference room, private restrooms, and a separate secured waiting area complement the office suite.
Where is this office unit located?
The property is located at 900 SE Ocean Boulevard #C 120 Stuart, FL.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: 1,962‑square‑foot office condominium built in 1983; Three offices with built‑ins and a furnished 14 x 21 conference room; Work area accommodates at least four additional staff
