Address701 Se Tarpon Av, Stuart, FL, 34994

Price$2,400,000

  • Commercial
  • 7,048 SQ FT
  • Built in 1958

This remarkable 34-room building is in a prime location, adjacent to the Police Station and a newly zoned redevelopment area. With 7,048 square feet under air, this building offers a fantastic space and operates a successful business with a gross net operating income of $234,560.00. The current business model focuses on renting rooms to veterans with honorable discharges, tapping into the shared housing industry. This niche market provides a steady stream of income and an opportunity to serve those who have served our country. Additionally, there are numerous other uses permitted for this building. Zoning information and details of permitted uses are attached in the documents. Call agent direct with any questions we always answer :)

Essential Information

  • MLS® #RX-10987250
  • Price$2,400,000
  • Taxes$6,342 (2023)
  • Square Footage7,048
  • Acres0.20
  • Price/SqFt$341 USD
  • Year Built1958
  • TypeCommercial
  • Sub-TypeIncome, Hotel/ Motel
  • StatusActive

Community Information

  • Address701 Se Tarpon Av
  • SubdivisionRUFF'S LITTLE DIXIE
  • CityStuart
  • CountyMartin
  • StateFL
  • Zip Code34994

Style

Free Standing, Hotel / Motel, Medical, Resident. Multi-Fam.

Area

8 - Stuart - North of Indian St

Utilities

3-Phase Electric, Cable, Public Water

Appliances

Building and Land, Equipment, Fixtures, Furniture, Inventory, License, Tools, Trade Name

Cooling

Wall-Win A/C, Air Purifier, Central

Amenities

Interior

  • HeatingElectric, Window/Wall
  • # of Stories2

Exterior

  • Lot DescriptionRUFF'S LITTLE DIXIE
  • RoofTar/Gravel, Flat Tile

Additional Information

  • Days on Website31
  • ZoningShared Housing

Listing Details

  • OfficeLux Properties
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Price Change History for 701 Se Tarpon Av, Stuart, FL (MLS® #RX-10987250)

Date Details Change
Status Changed from New to Active

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