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.
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.
Lot Description: 1/2 to < 1 Acre, East of US-1, Paved Road, Sidewalks
Subdivision Information: Sidewalks, Street Lights
Eco-Communities
Private Pool: No
Storm Protection: None
Waterfront Details: Intracoastal, No Fixed Bridges, Ocean Access, River, Seawall
Utilities
Carport Spaces: 0.00
Cooling: Electric
Heating: Electric
Number Of Stories: 3.0
Separate Elec Meters: No
Separate Wtr Meters: No
Utilities: Cable, Electric, Gas Natural, Public Sewer, Public Water
Finance and Tax Information
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 0.00
Income Expenses Annual Total Expense: 0.00
Income Expenses Gross Operating Inc: 0.00
Source Of Expenses: Other
Tax Year: 2023
Rental Information
Tenant Pays: None
Other Features
Avail Info: None
Boat Services: Common Dock, Dock Available, Marina, Private Dock, Up to 20 Ft Boat, Up to 30 Ft Boat, Up to 40 Ft Boat, Up to 50 Ft Boat, Up to 60 Ft Boat, Up to 70 Ft Boat
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: PORTER'S ADD'N W 16' OF LOT 6 & ALL OF LOTS 7 & 8 BLK 1 OR 343/2143
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