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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.
DAYS ON MARKET | 96 | LAST UPDATED | 7/15/2024 |
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TRACT | Downtown Stuart | YEAR BUILT | 1913 |
COUNTY | Martin | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
EXTERIOR | Balcony, Dock |
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HEAT | Electric |
LOT DESCRIPTION | Waterfront |
SEWER | Public Sewer |
STORIES | 3 |
SUBDIVISION | Downtown Stuart |
TAXES | 77360.2 |
UTILITIES | Cable Available, Natural Gas Available |
VIEW | Yes |
VIEW DESCRIPTION | Water, River |
WATER | Public |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | River Front |
ZONING | UrbanWaterfront |
SATELLITE VIEW |
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Data last updated: 10/13/24 1:05 PM PDT.
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
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