512 St Lucie Cres Stuart, FL 34994
This exceptional 2,548 square foot mixed-use property, located at 512 SW St Lucie Crescent in Stuart, Florida, presents a unique investment opportunity. Built in 1925 and renovated in 2002, this three-story building boasts a concrete block and stucco exterior with a clay tile roof. The B-2 Business General zoning allows for a wide range of uses, including medical office, traditional office space, multi-family residential, short-term rentals (like Airbnb), or even a unique hospitality venue such as a bed and breakfast or event space. The property's layout is versatile, offering several distinct areas. The first floor features an open entertaining area, a full kitchen, a full bathroom, and a half bathroom. The second and third floors each include a living area, kitchenette, bedroom, full bathroom, and half bathroom. Each floor also benefits from outdoor verandas, porches, or lookouts, adding to the property's charm and functionality. Situated just off US1, this property enjoys a serene setting while being conveniently close to the vibrant Historic Downtown Stuart, with its shops, galleries, cafes, and the Lyric Theatre. The area is also renowned for its diverse culinary scene and proximity to beaches and other attractions. The asking price for this remarkable property is $2,100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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