66 Salerno Rd, Stuart, FL 34997
This exceptional 1,288-square-foot flex space in Stuart, Florida, presents a unique investment opportunity. Located at 66 SW Salerno Road, this property boasts the oldest commercial zoning (B-1 and R-2) in Martin County, offering incredible development potential. Built in 1970, the property currently includes a private residence and a large detached garage, adding to its versatility. The single-unit building sits on a lot with no specified square footage. Its prime location offers easy access to downtown Stuart, making it an attractive proposition for both investors and developers seeking a flexible space with significant upside. The property's existing structures provide immediate income potential while the zoning allows for a wide range of future uses. This is a rare chance to acquire a strategically located property in a thriving area with significant development potential. The asking price is $1,500,000. The property's address is 66 SW Salerno Road, Stuart, FL 34997. This is a rare opportunity to acquire a property with significant upside in a desirable location. The property's zoning allows for a variety of uses, making it an ideal investment for those seeking flexibility and potential for future growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.