13 Osceola St Stuart, FL 34994

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.

Location Insight

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

Property Tax & Assessments