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Downtown Stuart Waterfront Property 37 W. Seminole St., Stuart, Florida, 34994

 
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Verified : 1/27/2016 Active

Downtown Stuart Waterfront Property 37 W. Seminole St., Stuart, Florida, 34994

$1,350,000.00   / ForSale

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Property Highlights

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$1,350,000.00
Sale Price:
$1,350,000.00
Price/SF:
Unlisted
CAP Rate (%):
Unlisted
NOI:
Unlisted
Net Lease:
Unlisted
Gross Leasable Area (SF):
Unlisted
Total Lot Size (SF):
19,297
Occupancy (%):
Unlisted
Population Range:
Unlisted
Household Income:
Unlisted
Traffic Counts:
Unlisted
County:
Unlisted
Zoning:
Unlisted
Market:
Unlisted
Submarket:
Unlisted
Lot:
Unlisted
Block:
Unlisted
Bldg. Size:
2,413
Net Rental Area:
Unlisted
Number Of Floors:
Unlisted
Number Of Units:
Unlisted
Year Of Build:
Unlisted
Year Of Renovation:
Unlisted
Vacant SF:
Unlisted
Price/SF:
Unlisted
Parcel Number:
Unlisted
Tenancy Type:
Unlisted
Construction Status:
Unlisted
Construction Type:
Unlisted
Sprinkler:
Unlisted
Owner Occupied:
Unlisted
Parking Ratio:
Unlisted
Parking Cost:
Unlisted
Mass Transit:
Unlisted
CAM:
Unlisted
Utilities:
Unlisted
Price Per Acre:
Unlisted
Divisible:
Unlisted
Divisible Min:
Unlisted
Divisible Max:
Unlisted
Property Taxes:
Unlisted

Property Description

Location Description

This is a very rare opportunity to acquire a riverfront site with very wide waterfront views in the dynamic City of Stuart, Florida. The site has many possible uses, including restaurant, retail, office, residential, etc. There is also the possibility to combine with adjoining properties if a larger project is desired. Seminole Street last year was approved to be part of the downtown parking waiver ordinance; this is a significant benefit to most redevelopment on Seminole. The city is supportive of redevelopment projects and business friendly. One possibility is to take advantage of the approvals in place for the attached four-story, six-unit condominium building. There is a possibility that this could be converted to a boutique style hotel. The Downtown Boardwalk is being extended from Saint Lucie Blvd along the Seminole Street waterfront to Colorado Ave. This construction will commence very soon. These improvements inspired the recently opened Boathouse Restaurant and will inspire redevelopment of the balance of Seminole Street. Stuart Main Street and the Downtown Business Association have gone on record supporting the redevelopment efforts of Seminole along with the City Commissioners and Community Redevelopment Agency. Boyd Bradfield, CCIM can assist with meetings, etc. with the City of Stuart Development Department regarding the approval process for any redevelopment and all development applications. The City is very development friendly and the time is right for Seminole Street.