4832 Anchor Ave Stuart, FL 34997
Exceptional waterfront investment opportunity awaits in Stuart, Florida's desirable Manatee Pocket. This commercial property, situated on a 0.287-acre lot in the Port Salerno Redevelopment District, boasts 2,509 square feet across two existing units – one 670 square feet and the other 1,839 square feet, with potential for a third. The property includes a private dock accommodating up to four center console boats (up to 42 feet) and a 65-foot beach-style yard. Expansion plans are available, showcasing a permitted boardwalk, three 30-foot boat lifts, a 16x16-foot tiki hut, and a 45-foot wet boat slip. Conveniently located, it's a short 3.5-mile boat ride to the Atlantic Ocean and just 2 miles from US1. Built in 1965 and 1967, the one-story buildings offer significant potential for expansion and enhancement. The property's two units are priced at $740,000 each, totaling $1,480,000. The property's APN is 51-38-41-002-001-00420-5. This is a rare chance to own a thriving marina business in a prime location. The property's zoning allows for various commercial uses within the Port Salerno Redevelopment District.
Cap rate
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Property description
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