Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1989 Federal Hwy Stuart, FL 34994-3949

    • Office buildings
    • 11,194 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimations
    $1,380,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1057440
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Karen Caronello, LMT / Massage Therapist / Doctor
    • Dwight E. Wilson, PT / Physical Therapist
    • Tropical Smoothie Cafe / Restaurant / Sandwich Shop
    • Jason G. Bunk, DC / Nurse Practitioner / Chiropractor
    • Elevator Phone / Elevator Service

    Property Details for 1989 Federal Hwy

    Year built
    1984
    Lot size
    0.67 lot acres
    Property size
    11,194 SF
    Property type
    Office buildings
    APN
    09-38-41-000-000-00301-1
    APU
    93841000000003011

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,860,000
      APARTMENT HOUSE (5+ UNITS)
      $1,690,000
      RESTAURANT
      $1,265,000
      RETAIL STORES
      $1,070,000
      MEDICAL BUILDING
      $1,000,000
      AUTO REPAIR, GARAGE
      $830,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.2371
    Latitude
    27.1791
    CBSA code
    38940
    CBSA name
    PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,788
    $293,220
    $1,124,740
    $1,417,960
    -
    $293,220
    $1,124,740
    $1,417,960

    Comparable in this City

    • Value Estimation
      $950,000
      7,300 SF

      51 Flagler Ave

      PROFESSIONAL BUILDING (MULTI-STORY) • 7,300 SF
      51 Flagler Ave, Stuart, FL 34994-2147
      View Details
    • Value Estimation
      $900,000
      4,000 SF

      516 Colorado Ave

      PROFESSIONAL BUILDING • 4,000 SF
      516 Colorado Ave, Stuart, FL 34994-3014
      View Details
    • Value Estimation
      $4,990,000
      27,529 SF

      50 Kindred St Ste, Unit 101

      OFFICE (GENERAL) • 27,529 SF
      50 Kindred St Ste, Stuart, FL 34994-3007
      View Details
    • Value Estimation
      $980,000
      7,408 SF

      417 Balboa Ave

      MEDICAL BUILDING • 7,408 SF
      417 Balboa Ave, Stuart, FL 34994-2327
      View Details
    • Value Estimation
      $1,040,000
      4,357 SF

      321 Osceola St

      OFFICE (GENERAL) • 4,357 SF
      321 Osceola St, Stuart, FL 34994-2228
      View Details
    • Value Estimation
      $1,630,000
      10,177 SF

      2601 Kanner Hwy

      MEDICAL BUILDING • 10,177 SF
      2601 Kanner Hwy, Stuart, FL 34994-4622
      View Details

    Similar Nearby for Sale

    • $2,750,000
      22,500 SF

      Stuart Office Building For Sale

      22,500 SF office building in growing downtown Stuart.
      851 SE Johnson Ave, Stuart, FL 34994
      View Details
    • $6,400,000
      38,000 SF

      Stuart Office Building Near Courthouse

      Office building in Stuart, near downtown, courthouse, and hospital.
      301 SE Ocean Blvd, Stuart, FL 34994
      View Details
    • $7,250,000
      1.12 Acres

      Waterfront Property in Downtown Stuart

      Rare waterfront property with redevelopment potential in downtown Stuart, Florida.
      221 SE Osceola St, Stuart, FL 34994
      View Details
    • $310,000
      6.46 Acres

      Warehouse/Office Space For Sale

      Warehouse/office space with drive-through bay and high ceilings.
      1501 SE Decker Ave, Stuart, FL 34994
      View Details
    • $1,299,000
      2,184 SF

      Stuart Office Space For Sale

      Office space available in Stuart, Florida.
      101 SE Martin Luther King Jr Blvd, Stuart, FL 34994
      View Details
    • $925,000
      4,316 SF

      Oceanfront Stuart Office Condo

      Prime Location, 4,316 sq ft Office
      900 Ocean Blvd, Stuart, FL 34994
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      1,488 SF

      Downtown Stuart Office Building

      Versatile office space in the heart of downtown Stuart, Florida.
      218 SE Osceola St, Stuart, FL 34994
      View Details
    • $24 SF/Yr
      34,926 SF

      Stuart Office Building with Parking

      Four-story office building with parking garage in Stuart, Florida.
      2400 SE Federal Hwy, Stuart, FL 34994
      View Details
    • $0.78 SF/Yr
      46,201 SF

      Luxury Stuart Office Condo Suite

      Premium waterfront office, brand new construction.
      41 Seminole St, Stuart, FL 34994
      View Details
    • $28 SF/Yr
      4,059 SF

      Ocean Blvd Medical Office Space

      Prime Medical Office, 4,059 SF, 18 Parking
      433 Ocean Blvd, Stuart, FL 34994
      View Details
    • $20 SF/Yr
      151,246 SF

      Downtown Stuart Retail Center

      Newly renovated Publix-anchored plaza.
      728-894 Federal Hwy – Stuart, Stuart, FL 34994
      View Details
    • $47 SF/Yr
      3,368 SF

      Retail Center on Federal Highway

      Retail and office spaces in Stuart's iconic lifestyle center.
      920 SE Federal Hwy, Stuart, FL 34994
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1989 Federal Hwy
    Stuart, FL 34994-3949
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.