Professional Office Condo with
For Sale
$424,900
900 SE Ocean Boulevard F256, Stuart, FL 34994
Flexible floor plan supports professional, medical, legal, financial, and executive office users.
Property Size2,044 SF
Price / SF$207.88
Days on Market87
Property Features for 900 SE Ocean Boulevard F256
General Information
Standard status
Active
Size
2,044 SF
Elevators
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1982
Listing Agency:
Spell Realty Group
Listed By:
Travis Brooke Spell · License #B26008062
(561) 994-2334
Source:
Thepennteam
Added: Jul 20
Changed: Oct 13
Last Checked: Oct 7 at 1:08PM
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.
This 2,044-square-foot office condominium was built in 1982 and offers a functional layout for a range of professional users. The property is located within Stuart Professional Center and includes elevator access and abundant parking for the campus.
Positioned at 900 SE Ocean Boulevard, the office provides access to Downtown Stuart, Sewall's Point, Martin County's medical community, US-1, and nearby business districts. Recent association improvements include a new roof, concrete restoration, elevator modernization, exterior painting, waterproofing, new railings, and updated landscaping and irrigation. The work extends across key building and site components, including the elevator and exterior envelope.
Positioned at 900 SE Ocean Boulevard, the office provides access to Downtown Stuart, Sewall's Point, Martin County's medical community, US-1, and nearby business districts. Recent association improvements include a new roof, concrete restoration, elevator modernization, exterior painting, waterproofing, new railings, and updated landscaping and irrigation. The work extends across key building and site components, including the elevator and exterior envelope.
Key Highlights
- 2,044‑square‑foot professional office condominium
- Located at 900 SE Ocean Boulevard F256, Stuart, FL 34994
- Functional layout for professional, medical, legal, financial, and executive office users
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,828
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,560
$516.6K
Cap Rate 7%
$368,971
$369.0K
Cap Rate 9%
$286,978
$287.0K
Market Conditions
NOI Build-Up for 2,044 SF
Gross rent
$44.2K $21.60/SF
− Vacancy
−$9.7K −$4.75/SF
EGI
$34.4K $16.85/SF
− OpEx
−$8.6K −$4.21/SF
NOI
$25.8K $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%
$516,560
Cap Rate 7%
$368,971
Cap Rate 9%
$286,978
Alternative Uses
Best Use
Office B
$369.0K
$322.9K – $430.5K
NOI $25,828 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$537.0K
$469.9K – $626.5K
NOI $37,589 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Flexible floor plan supports professional, medical, legal, financial, and executive office users.
Where is this office units located?
The property is located at 900 SE Ocean Boulevard F256 Stuart, FL.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 2,044‑square‑foot professional office condominium; Located at 900 SE Ocean Boulevard F256, Stuart, FL 34994; Functional layout for professional, medical, legal, financial, and executive office users
