101 Ocean Blvd Stuart, FL 34994
- Commercial real estate
- 1,206 SF
- 0.03 lot acres
Current Use by Public Records
- 561 Skateboarding / Skateboard Shop / Men'S Clothing Store
- Pepe & Sale / Fine Dining Restaurant / Italian Restaurant
- Mahendra Ramgopal Esq. / Immigration Attorney
- Glenn J Webber PA / Personal Injury Attorney
- Elu Creative / Graphic Designer
Property Details for 101 Ocean Blvd
- Year built
- 2007
- Lot size
- 0.03 lot acres
- Property size
- 1,206 SF
- Property type
- Commercial real estate
- APN
- 04-38-41-034-001-01010-0
- APU
- 43841034001010100
Description
This exceptional mixed-use property at 101 SW Ocean Boulevard in Stuart, Florida, presents a rare investment opportunity. The offering encompasses two connected commercial buildings totaling 8,114 square feet, situated on a lot with a fenced courtyard-style parking area. Built in 1925, the buildings boast classic storefronts, multiple roll-up doors allowing for convenient thru-traffic, and integrated office spaces. The property benefits from excellent frontage on two sides and a prominent monument sign, ensuring high visibility and attracting significant foot traffic. Adding to its appeal, the property includes two one-bedroom, one-bathroom rental apartments, ideally located within walking distance of Stuart's vibrant downtown area, filled with trendy shops and restaurants. The asking price for this well-maintained property is $3,999,000. This is a unique chance to acquire a substantial mixed-use asset in a thriving Florida coastal community. The property's location in the heart of Stuart's downtown provides immediate access to a diverse range of amenities and a strong local economy. The combination of commercial space and rental apartments offers a diversified income stream and significant potential for future growth. The property's size and layout provide flexibility for a variety of uses and potential expansion. This is an exceptional opportunity for investors seeking a high-return, mixed-use property in a desirable location. The zip code is 34994.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $235,000
- 7%
- $245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $205,000
- Retail
- $270,000
- Mixed-Use
- $200,000
- Hospitality
- $240,000
- Educational
- $270,000
- Residential Income
- $235,000
- Energy
- $260,000
- Income-Based Land
- $270,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2508
- Latitude
- 27.1977
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA