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.

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Data last updated 4:27 PM UTC, 9/17/2024

 

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