1001 Monterrey Rd Stuart, FL 34994
This exceptional mixed-use property, located at 1001 SE Monterrey Road in Stuart, Florida, presents a unique investment opportunity. The 1-square-foot building, constructed in 1981, offers versatile usage as both a condo and office space. Its prime location within a thriving commercial area ensures high visibility and accessibility. The property has undergone a complete remodel, presenting a move-in ready condition for immediate occupancy or rental. While the square footage is listed as 1 square foot, this likely reflects a reporting discrepancy and further clarification on the actual usable space is recommended through due diligence. The property is situated on a lot with 0 square feet, suggesting a potential for shared land use or unique ownership structure. The asking price is $279,900. This presents a rare chance to acquire a remodeled, adaptable property in a high-demand commercial zone of Stuart, Florida, zip code 34994. The property consists of a single unit, making it ideal for owner-occupancy or a straightforward rental management strategy. Further investigation into the property's precise dimensions and legal descriptions is advised. This is a compelling opportunity for investors seeking a versatile and well-located asset in the vibrant Stuart market. The property's location in Martin County, Florida, offers access to a range of amenities and services.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.