15 SE Seminole ST Active

Stuart,FL 34994

$ 5995000

- Bed

18 Baths

12622 SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 12,622 sqft

Price per Sqft $474

Subdivision Downtown Stuart

MLS Listing ID RX-11003257

Year Built 1913

Annual Tax Amount $77,360

Tax Year 2023

Lot Size 0.520 Acres

Property Description

Rare Gem in the Heart of Downtown Stuart with Direct Riverfront Views. Build up to 15 luxury TH's or condo's over 0.5167 acres with garages, private docks/marina and rooftop decks overlooking direct river views. Urban Waterfront Zoning allows retail, restaurant, office, residential use up to 30 units/acre. Walk to everything downtown has to offer. Previous lodging destination. Property currently has 25 grandfathered multifamily units over 3 stories with potential to do short-term rentals. Property could use updating and has significant add value potential considering its rare/unique historical appeal. Convert into a high-scale waterfront accommodation and merge units to make for larger suites. 2022/2023: metal roof, re-stuccoed & paint. Estimated 240ft dock and large parking lot on-site.

Location

State FL

County Martin

Area 8 - Stuart - North Of Indian St

Zoning UrbanWaterfront

Interior

Heating Electric

Cooling Electric

Flooring Wood Floor

Fireplaces Type None

Exterior

Utilities Available Cable,Electric,Gas Natural,Public Sewer,Public Water

Waterfront Yes

Waterfront Description Intracoastal,Marina,No Fixed Bridges,Ocean Access,River

Roof Type Metal

Building

Story 100.00

Foundation Stucco

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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