15 SE Seminole Street
Stuart, FL 34994

Property

Ownership: Commercial
Type: Multi-Family

Financials

Price: $5,995,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Regency Realty Services

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.

Unbranded Virtual Tour: https://www.propertypanorama.com/15-SE-Seminole-Street-Stuart-FL-34994--RX-11003257/unbranded

Rare Gem in the Heart of Downtown Stuart with Direct Riverfront Views.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.