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

    101 Ocean Blvd Stuart, FL 34994

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Live/work opportunity: garage & apartments

    Property size:
    8,114 SF

    Property Features for 101 Ocean Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,114 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1925
    Buildings
    2
    Stories
    2
    Units
    2

    We can help!

    Listing Contact
    Zack Leider
    Zack Leider

    Listing Agency: Jeremiah Baron & Co. Listing Agent: Zack Leider

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional mixed-use property in Stuart, Florida, presents a rare investment chance. Located at 101 SW Ocean Blvd, this 8,114 square foot property boasts two buildings on a 0.36-acre lot (APN: 05-38-41-014-013-00050-9), situated in the vibrant downtown area. Built in 1925, the property features classic storefronts, multiple roll-up doors allowing for convenient thru-traffic, and integrated office spaces within the two commercial buildings. These buildings are connected by a fenced courtyard-style parking lot, offering excellent frontage on two sides and a prominent monument sign for high visibility. Adding to its appeal, the property includes two one-bedroom, one-bathroom rental apartments, perfectly positioned near popular shops and restaurants. The property is zoned UC—Urban Center, offering flexibility for various uses. Priced at $3,500,000 ($431.35/sq ft), this two-story property presents a unique blend of commercial and residential income potential. The property's prime location and versatile design make it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving downtown setting. This is a turn-key operation with existing tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    561 Skateboarding (Bike/Boat/Book/etc) Store Pepe & Sale Restaurant Mahendra Ramgopal Esq. Law Firm Glenn J Webber ... Law Firm Elu Creative Marketing & Advertising

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.253582092632
    Latitude
    27.197741419197

    Nearby Similar for Sale

    • $950,000
      6,900 SF

      Stuart Commercial/Industrial Opportunity For Sale

      Versatile 6,900 sq ft property in central Stuart location.
      3173 SE Railroad Ave, Stuart, FL 34997
      View Details
    • $12,999,000
      6,400 SF

      Stuart Marina, Office/Retail Opportunity

      Prime retail space in Stuart, Florida, operating as boat sales.
      250 SW Monterey Rd, Stuart, FL 34994
      View Details
    • $469,900
      703 SF

      New Office Space in Stuart

      Premium office space in waterfront luxury condominium, Stuart, Florida.
      41 SW Seminole St, Stuart, FL 34994
      View Details
    • $315,000
      Pending

      Stuart Warehouse/Office Space For Sale

      Warehouse/Office space with air-conditioned office, high ceilings, and overhead door.
      1501 SE Decker Ave, Stuart, FL 34994
      View Details
    • $1,690,000
      1,500 SF

      Waterfront Property in Stuart, Florida

      Waterfront property near downtown Stuart with redevelopment potential.
      4575 SE Dixie Hwy, Stuart, FL 34997
      View Details
    • $599,900
      0.03 Acres

      Office Condo in Willoughby Center

      Centrally located office condo with rental income potential.
      2682 SE Willoughby Blvd, Stuart, FL 34994
      View Details
    • $2,150,000
      0.51 Acres

      Downtown Stuart Commercial Buildings For Sale

      Two buildings in downtown Stuart suitable for office or retail.
      300 SE Detroit Ave, Stuart, FL 34994
      View Details
    • $1,750,000
      0.36 Acres

      Renovated Multi-Use Commercial Property

      Renovated multi-use commercial property in Stuart, Florida, with flexible layout.
      416 SE Flamingo Ave, Stuart, FL 34996
      View Details
    • Contact for pricing
      703 SF

      Premium Office Space in Stuart

      Waterfront luxury condominium office space in the heart of Stuart.
      41 SW Seminole St, Stuart, FL 34994
      View Details
    • $7,250,000
      1.12 Acres

      Waterfront Property in Downtown Stuart

      Rare waterfront property with redevelopment potential in downtown Stuart, Florida.
      221 SE Osceola St, Stuart, FL 34994
      View Details
    • $3,699,999
      0.52 Acres

      Waterfront Parcel in Manatee Pocket

      Rare waterfront property with direct Intracoastal and ocean access.
      4345 SE Mulford Ln, Stuart, FL 34997
      View Details
    • New
      $2,750,000
      0.37 Acres

      Stuart Industrial Building For Sale

      100% occupied industrial building with NNN lease near Downtown Stuart.
      1251 SE Dixie Cutoff Rd, Stuart, FL 34994
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Live/work opportunity: garage & apartments
    Where is this mixed-use property located?
    The property is located at 101 Ocean Blvd Stuart, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    (772) 285-2617 Call to check price and availability
    Request Owner's contact information
    101 Ocean Blvd Stuart, FL 34994
    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.
    101 Ocean Blvd
    Stuart, FL 34994
    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
    101 Ocean Blvd Stuart, FL 34994
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Zack Leider
    Zack Leider
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!