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    101 Ocean Blvd Stuart, FL 34994

    For Sale
    $3,500,000

    Live/work opportunity: garage & apartments

    Property size:
    8,114 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    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 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
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    561 Skateboarding Skateboard Shop Pepe & Sale Fine Dining Restaurant Mahendra Ramgopal Esq. Immigration Attorney Glenn J Webber ... Personal Injury Attorney Elu Creative Graphic Designer

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop 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

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    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
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    101 Ocean Blvd Stuart, FL 34994
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    Stuart, FL 34994
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    Realmo Value Estimation

    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.

    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.

    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
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