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.
Features
Bedrooms / Bathrooms
Num Toilets: 18
Building and Construction
Absolute Longitude: 80.252367
Construction: Stucco
Flooring: Wood Floor
Roof: Metal
Sqft Source: Tax Rolls
Total Number Of Units: 25
Total Building Sqft: 12622.00
Type Of Building: Commercial, Free Standing, Hotel / Motel, Income, Marina, Resident. Multi-Fam.
Property Information
Property Desc: Multifam/Hotel/Redev
Property Group Id: 19990816212135227274000000
Eco-Communities
Waterfront Details: Intracoastal, Marina, No Fixed Bridges, Ocean Access, River
Utilities
Air Conditioned: 100.00
Cooling: Electric
Fire Protect: None
Heating: Electric
Num Of Stories: 3.0
Utilities: Cable, Electric, Gas Natural, Public Sewer, Public Water
Finance and Tax Information
Tax Year: 2023
Rental Information
Tenant Pays: None
Other Features
Avail Docs: None
Avail Info: Photos
Country: United States
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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