1320 Federal Hwy Stuart, FL 34994
- Office Properties & Spaces
- 10,741 SF
- 0.61 lot acres
Current Use by Public Records
- Big O Septic Services / Septic System Service / Sanitation Service
- THE CAR BROKERAGE / Auto Broker / Consignment Shop
- Treasure Coast Insurance Group / Health Insurance Agency
- Accounting Matrix LLC / Accountant / Tax Consultant
- Mo Better Garage / Garage Door Supplier
Property Details for 1320 Federal Hwy
- Year built
- 1986
- Lot size
- 0.61 lot acres
- Property size
- 10,741 SF
- Property type
- Office Properties & Spaces
- APN
- 09-38-41-000-000-00104-0
- APU
- 93841000000001040
Description
Heritage Hall Office Suites, located at 1320 SE Federal Hwy in Stuart, Florida, presents a fantastic opportunity for businesses seeking versatile office space. This two-story, 10,741 square foot building, constructed in 1986 and extensively renovated in 2023, offers a range of suite sizes from 80 to 444 square feet, suitable for various needs. The property boasts 27 parking spaces, an elevator, and controlled 24/7 access, ensuring convenience and security. Recent improvements include a new roof, HVAC system, parking lot, interior lighting, updated bathrooms, fresh interior and exterior paint, and enhanced landscaping. Common area restrooms are located on each floor. Each suite provides tenants with private lock access. The building is zoned for office and medical office use, making it ideal for a variety of professional practices. Note that a $50 monthly electric fee applies to each unit. Unit 201, a shared office space with mailbox and address, is also available and features a convenient reservation system. This property is situated in Stuart's desirable business district in Martin County, Florida, zip code 34994.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,170,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,495,000
- 6.5%
- $1,620,000
- 7%
- $1,530,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,800,000
- Geo Method
- $1,560,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,575,000
- Retail
- $1,365,000
- Mixed-Use
- $1,470,000
- Hospitality
- $1,575,000
- Educational
- $1,620,000
- Residential Income
- $1,855,000
- Energy
- $1,870,000
- Income-Based Land
- $1,455,000
- Food Service
- $1,625,000
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2458
- Latitude
- 27.1864
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA