Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2081 Ocean Blvd Ste 2b Stuart, FL 34996-3353
    Back to Search
    Property profile & analytics

    2081 Ocean Blvd Ste 2b Stuart, FL 34996-3353

    View on Map
    • Commercial real estate
    • 2,575 SF
    Off-Market
    Last Sale May 3, 2021
    $798,300
    Property ID
    US18-4758745
    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.
    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    5.1%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • The Digital Edge / Advertising Agency / Marketing & Advertising
    • Mindie Molina / Financial Advisor
    • Mailbox Publishing / Publishing House
    • Hematology-Oncology Associates of the Treasure Coast / Medical Clinic
    • Dr. Seth Rosen / Physician / Medical Clinic

    Property Details for 2081 Ocean Blvd Ste 2b

    Year built
    1983
    Construction
    FRAME
    Property size
    2,575 SF
    Property type
    Commercial real estate
    APN
    03-38-41-033-000-00022-3
    APU
    33841033000000223

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $680,000
      ML approach
      $715,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $580,000
      6.5%
      $535,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $555,000
      Market price range: $385k - $721k
      AI Estimate
      $547,000
      Market price range: $348k - $872k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $590,000
      Current use
      MEDICAL BUILDING
      $615,000
      Change: +4% Conversion: Easy
      RETAIL STORES
      $605,000
      Change: +3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.225
    Latitude
    27.1981
    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
    $7,040
    $0.00
    $373,380
    $373,380
    -
    $0.00
    $373,380
    $373,380

    Comparable in this City

    • Value Estimation by Request
      1,642 SF

      2403 Dixie Hwy

      COMMERCIAL CONDOMINUIM • 1,642 SF
      2403 Dixie Hwy, Stuart, FL 34996-4008
      View Details
    • Value Estimation by Request
      701 SF

      2465 Dixie Hwy

      COMMERCIAL CONDOMINUIM • 701 SF
      2465 Dixie Hwy, Stuart, FL 34996-4013
      View Details
    • Value Estimation
      $1,890,000
      4,674 SF

      2220 Ocean Blvd Ste, Unit 301

      COMMERCIAL CONDOMINUIM • 4,674 SF
      2220 Ocean Blvd Ste, Stuart, FL 34996-3301
      View Details
    • Value Estimation by Request
      1,083 SF

      3601 Ocean Blvd Ste, Unit 4

      COMMERCIAL CONDOMINUIM • 1,083 SF
      3601 Ocean Blvd Ste, Stuart, FL 34996-6737
      View Details
    • Value Estimation by Request
      919 SF

      1001 Ocean Blvd Ste, Unit 101

      COMMERCIAL CONDOMINUIM • 919 SF
      1001 Ocean Blvd Ste, Stuart, FL 34996-2511
      View Details
    • Value Estimation by Request
      2,017 SF

      2220 Ocean Blvd Ste, Unit 102

      COMMERCIAL CONDOMINUIM • 2,017 SF
      2220 Ocean Blvd Ste, Stuart, FL 34996-3301
      View Details

    Similar Nearby for Sale

    • $550,000
      0.28 Acres

      Residential Lot on Hutchinson Island

      Rare residential building lot near beaches and Indian River.
      5237 NE Shore Village Ter, Stuart, FL 34996
      View Details
    • New
      $2,250,000
      0.97 Acres

      Oversized Waterfront Lot in Sewalls

      Large lot with dock on Indian River in Sewalls Point.
      36 S Sewalls Point Rd, Sewalls Point, FL 34996
      View Details
    • $695,000
      0.28 Acres

      Hutchinson Island Homesite with River Access

      Rare vacant lot on Hutchinson Island with deeded river access.
      5157 NE Shore Village Ter, Stuart, FL 34996
      View Details
    • Contact for pricing
      4,916 SF

      Stuart Office Building For Sale

      Office building with 4,916 square feet of space.
      1115 SE Ocean Blvd, Stuart, FL 34996
      View Details
    • $1,750,000

      Renovated Multi-Use Commercial Property

      Renovated multi-use building with flexible layout for various uses.
      416 SE Flamingo Ave, Stuart, FL 34996
      View Details
    • $429,000
      1,472 SF

      Oceanfront Stuart Office Space

      Prime Office, Sewalls Point, 1472 sq ft
      3601 Ocean Blvd, Stuart, FL 34996
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Stuart Office Campus for Lease

      Mediterranean-style office buildings in Stuart's business corridor.
      1000 SE Monterey Commons Blvd, Stuart, FL 34996
      View Details
    • Contact for pricing
      1,958 SF

      Retail Space in Stuart, Florida

      Retail space available for lease in Stuart, Florida.
      3700-3778 SE Ocean Blvd, Stuart, FL 34996
      View Details
    • $1,800 /Mo

      Charming Two-Bedroom Duplex For Rent

      Two-bedroom, two-bath duplex with spacious living area and cozy backyard.
      33 SE Sailfish Ln, Stuart, FL 34996
      View Details
    • Contact for pricing

      Sewall's Point Office Suites

      Office suites in a convenient, professional environment near amenities.
      3725-3727 SE Ocean Blvd, Sewalls Point, FL 34996
      View Details
    • Contact for pricing
      1,088 SF

      Retail Space in Stuart, Florida

      Retail space available for lease in Stuart, Florida.
      1051 SE Ocean Blvd, Stuart, FL 34996
      View Details
    • $22 SF/Yr
      2,000 SF

      Retail Space on Ocean Boulevard

      Retail space available for lease on Ocean Boulevard.
      2389-2791 SE Ocean Blvd, Stuart, FL 34996
      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.
    2081 Ocean Blvd Ste 2b
    Stuart, FL 34996-3353
    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

    Thank You for Inquiry
    2081 Ocean Blvd Ste 2b, Stuart, FL, 34996
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!