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Property profile & analytics
OFF-MARKET Estimated value $545,000
Medical Office Space

433 Ocean Blvd Stuart, FL 34994-2573

4,059 SF 0.38 ac lot Built 1977
Entity Owned 10-yr Hold Free & Clear
Property ID
US18-4019173
Property summary
AI-generated overview

This exceptional single-tenant medical office building, located at 433 SE Ocean Blvd, offers 4,059 square feet of meticulously designed space. Situated on a 0.382-acre lot, the property boasts a convenient location at the cross streets of SE Illinois Ave & SE Ocean Blvd in Martin County, Florida. Built in 1977, this one-story building features 18 parking spaces, providing ample parking for staff and patients. The interior is thoughtfully configured to meet the needs of a thriving medical practice, including six exam rooms, three doctors' offices, a dedicated treatment area, a reception area, and four bathrooms. The property's zoning is R3 - Residential - Multi-Family/Office, offering flexibility and potential for future development. The building's APN is 04-38-41-020-001-00090-1. The entire 4,059 square feet is currently vacant, presenting a unique opportunity for immediate occupancy. This turnkey solution combines prime location, ample parking, and a well-designed layout, making it an ideal investment for healthcare professionals seeking a comfortable and efficient workspace. The property is ready for immediate occupancy.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1977
Construction FRAME
Total area 4,059 SF
Lot 0.38 ac (16,640 SF)
APN 04-38-41-020-001-00090-1
UPID US18-4019173
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Physicians To Women: Mc Naney-Flint Heidi M MD Physician
  • Christine Gail Stuart Oncology Psl Physician
  • Ravi Kumar Stuart Oncology Slw Physician
  • Hochman Michael H MD Physician
  • Ravi K. Patel, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k
Owner & transaction history
Shivum LLC · 10 yrs held
Shivum LLC
since 2015
2 recorded transactions
2015
$383,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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