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    6196 Se Federal Hwy Stuart, FL 34997
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    Property profile & analytics

    6196 Se Federal Hwy Stuart, FL 34997


    • Community centers
    • 15,220 SF
    • 2.07 lot acres
    Retail Space on Federal Highway For Lease
    $15 SF/Yr
    15,220 SF

    Retail Space on Federal Highway

    Newly renovated retail space in high-traffic Stuart location.

    6196 Se Federal Hwy, Stuart, FL 34997
    View Listing
    Property ID
    US18-5290390
    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
    $2,230,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Boil Daddy - Stuart / Restaurant

    Property Details for 6196 Se Federal Hwy

    Year built
    1990
    Lot size
    2.07 lot acres
    Property size
    15,220 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    36-38-41-004-000-00350-0
    APU
    363841004000003500

    Description

    The Palm Springs Center, situated at 6196 SE Federal Highway in South Stuart, Florida, presents a prime retail opportunity. This single-story, 15,220 square foot plaza, built in 1990 and recently renovated, boasts a highly visible location directly on SE Federal Highway, ensuring significant foot and vehicle traffic. Currently, 4,275 square feet of retail space is available for lease, ideal for multiple tenants. The property is zoned LC (Limited Commercial District) within Martin County, allowing for a variety of commercial uses. The plaza's design includes corner units, perfect for businesses seeking maximum exposure. The existing tenancy indicates a successful track record for retail ventures in this location. The substantial square footage offers flexibility for businesses of various sizes and needs. This is an exceptional opportunity to establish or expand a retail presence in a thriving South Stuart location with high visibility and convenient access. The property's recent renovations ensure modern amenities and a well-maintained environment for tenants and customers alike. The strategic location on a major highway guarantees consistent exposure to a large potential customer base. Don't miss this chance to secure your space in this vibrant retail center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,545,000
      ML approach
      $1,530,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,577,000
      Market price range: $1.75M - $2.80M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,225,000
      Current use
      MEDICAL BUILDING
      $3,625,000
      Change: +63% Conversion: Difficult
      RETAIL STORES
      $3,565,000
      Change: +60% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $2,395,000
      Change: +8% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,185,000
      Change: -2% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.2
    Latitude
    27.1284
    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
    $36,097
    $900,000
    $1,291,320
    $2,191,320
    -
    $900,000
    $1,291,320
    $2,191,320
    View Listing
    More about this property
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