13 Osceola St Stuart, FL 34994
- Commercial real estate
- 3,895 SF
Current Use by Public Records
- Must Boutique / Clothing Store
- Billfish Beauty Bar / Hair Salon
- Method Dry Bar / Hair Salon
Property Details for 13 Osceola St
- Year built
- 1925
- Construction
- FRAME
- Property size
- 3,895 SF
- Zone code
- CRA2S
- Property type
- Commercial real estate
- APN
- 05-38-41-023-000-00030-0
- APU
- 53841023000000300
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2533
- Latitude
- 27.1991
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
