Active
701 SE Tarpon Avenue
Stuart FL, 34994
$2,150,000
Active
Commercial
Built in 1958
Introducing a unique opportunity in Stuart, Martin County! This remarkable 34-room building is located in a prime location, surrounded by the Police Station and a newly zoned redevelopment area. The city of Stuart is experiencing active growth, making it an ideal investment for savvy buyers. With a spacious 7,048 square feet, this building not only offers a fantastic space but also operates a successful business with a gross net operating income of $252,960.00. The current business model focuses on renting rooms to veterans with an honorable discharge, 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.
R11009115
MLSⓇ ID
August 1, 2024
Listed
September 17, 2024
Updated
Map
701 SE Tarpon Avenue
Stuart FL, 34994
Interior Features
Total Stories
2
Floor Description
Ceramic Tile, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.2 Acres
Roof
Flat, Tile
Sewer
Public Sewer
Other Property Details
Area Name
8 - Stuart - North of Indian St
Taxes
$6,342
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Martin County
Water Source
Public
Pool
No
Listed by: Lux Properties
Listing Contact: (561) 866-6399
All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.
©2024 Association of Palm Beaches. All rights reserved.
Data last updated 4:27 PM UTC, 9/17/2024