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Property profile

13 SW Osceola St STUART Stuart, FL 34994

Commercial real estate
Property ID
US18-5991307
View Sample
3,895 SF Built 1925
Entity Owned 22-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased, mixed-use retail property situated in the vibrant heart of historic Downtown Stuart, Florida. Spanning 15,082 square feet, this property, built in 1925, boasts seven established tenants, a diverse mix of clothing boutiques, restaurants, and cosmetic shops, all operating under long-term triple-net leases. The strong tenant base ensures a consistent income stream, further enhanced by supplemental income generated from the property's parking lot. A land lease is also in place. The property's prime location within the Urban Center (UC) zoning district of Martin County ensures high visibility and foot traffic, benefiting from both local residents and tourists. The area's lively atmosphere is further amplified by regularly scheduled weekly events, attracting even more visitors. The asking price is $6,250,000, representing a compelling price per square foot of $414.40 and a desirable 5.43% capitalization rate, with a current Net Operating Income (NOI) of $339,122. This property offers a rare chance to acquire a well-established, income-producing asset in a thriving Florida location. The address is 13 SW Osceola St, Stuart, FL 34994. This is a turnkey investment ready for a new owner.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1925
Construction FRAME
Total area 3,895 SF
Zoning code CRA2S
APN 05-38-41-023-000-00030-0
UPID US18-5991307

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store
  • Hair Salon
  • Hair Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$810k
Comparable Approach Comparable
$813k
Blend (final) Blend
$775k

Owner & transaction history

since 2004
3 recorded transactions
2004
$3.3M
1997
$1.5M
1997
$1.3M

Zoning & alternative use

CRA2S · Stuart, FL
Top alternative use upside
Retail stores $1.0M +9.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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