120 SE Martin Luther King Jr Blvd Stuart, FL 34994
MICRO Hotel on bruner pond located at the intersection of MLK Jr Blvd & Dixie Hwy adjacent to Bruner Pond Park, in The Creek District of Arts & Entertainment District. Across the street from the newly announced Brightline Stuart Train Station, MARTIN COUNTY FEDERAL GRANT PENDING estimated completion date for the train station is 2026, NO NEW COMPLETION DATE ANNOUNCED. The proposed second building on Parcel 1 has an additional 28 rooms with efficiency kitchens estimated completion 2028. The first building in the MICRO Hotel development is underway at 704 SE Dixie Highway. Hotel amenities consist of a rooftop permaculture garden and ground floor Open Air Art Gallery called Arfarm. Artfarm is currently accepting leasing for non-profits, start up businesses, artists, vendors, and food trucks. ArtFarm will remain the main theme in the final hotel amenity, currently owned by Underground Gigs, Inc.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Costs & Benchmarks
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Risks
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