$5,995,000
For Sale

15 SE Seminole Street

Stuart, FL 34994
12622 sqft | #RX-11003242
Browse 21 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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.

  • Interior Details
      • CoolingElectric
  • Property Details
      • Lot FeaturesEast of US-1, 1/2 to < 1 Acre, Paved Road, Sidewalks
      • Lot DescriptionEast of US-1, 1/2 to < 1 Acre, Paved Road, Sidewalks
      • Exterior FeaturesCovered Balcony, Covered Patio, Fence
      • Exterior MaterialsCovered Balcony, Covered Patio, Fence
      • ViewIntracoastal, Marina, River
      • Stories3
    • Measurements
      • Square Feet12622
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1913
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Gas Natural, Public Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionDowntown Stuart
    • Location
      • ZoningUrbanWaterfront
      • CountyMartin
  • Financial Details
      • Original List Price$5,995,000
      • Taxes Annual$77,360
  • Other
      • MLS #RX-11003242

Location

Steven GrossmanCompass
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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