801 Osceola St Stuart, FL 34994-2431
- Medical offices
- 3,370 SF
- 0.27 lot acres
Nov 28, 2024
Current Use by Public Records
- Breast Care Center-Treasure Coast: Denise M. O. Sanderson, MD :Vopal James J MD / Doctor / Surgeon
- The Breast Care Center of the Treasure Coast / Medical Center
- Vacuum Assisted Cores / Doctor
- Treasure Coast Hair Removal / Hair Removal Service
Property Details for 801 Osceola St
- Year built
- 1988
- Lot size
- 0.27 lot acres
- Property size
- 3,370 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 04-38-41-007-007-00100-3
- APU
- 43841007007001003
Description
This exceptional two-story, 3,370 square foot medical office building is ideally situated in Stuart, Florida's medical district, near downtown. Priced at $1,295,000 ($384.27/sq ft), this Class B property boasts 12 parking spaces (9 front, 3 rear). The ground floor features a welcoming lobby/waiting area, a spacious reception area with three desks, built-in record storage, an additional office/storage room, four exam rooms, a procedure room, a storage/consult room, an office, a central workspace with desks and cabinets, and a well-equipped kitchen. Upstairs, accessed via a private entrance, you'll find a kitchen, bathroom with shower, an exam room, record storage and filing room, a utility room, and a sizable executive office. The upstairs office and exam room could easily serve as bedrooms. The building's layout is highly functional and adaptable, making it perfect for a physician, dentist, medical specialist, or small professional group. This is a turn-key opportunity in a high-demand location. The concrete block ground floor and wood-frame second floor construction ensures durability and longevity. This property presents a compelling investment opportunity in a thriving medical hub.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $770,000
- 6.5%
- $710,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $889,000
Market price range: $478k - $963k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $805,000 Current use
- RETAIL STORES
- $905,000 Change: +13% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $825,000 Change: +3% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2404
- Latitude
- 27.1987
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA