701 Se Tarpon Av, Stuart, FL

$2,400,000

Previous Next

7,048

Square feet

0.20

Acres

About 701 Se Tarpon Av

This remarkable 31-room building is located in a prime location, next to the Police Station and a newly zoned redevelopment area. 7,048 square feet under air, this building not only offers a fantastic space but also 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 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. Additionally, the property offers the flexibility to transform from a FOR-profit building to a NON-profit establishment, this property can also be utilized as an assisted living facility or possibly a HOTEL. The opportunities are endless! 6% ROI

Features of 701 Se Tarpon Av

MLS® # RX-10987250
Price $2,400,000
Square Footage 7,048
Acres 0.20
Year Built 1958
Type Commercial
Sub-Type Income, Hotel/ Motel
Style Free Standing, Hotel / Motel, Medical, Resident. Multi-Fam.
Status New

Community Information

Address 701 Se Tarpon Av
Area 8 - Stuart - North of Indian St
Subdivision RUFF'S LITTLE DIXIE
City Stuart
County Martin
State FL
Zip Code 34994

Amenities

Utilities 3-Phase Electric, Cable, Public Water
Is Waterfront No

Interior

Appliances Building and Land, Equipment, Fixtures, Furniture, Inventory, License, Tools, Trade Name
Heating Electric, Window/Wall
Cooling Wall-Win A/C, Air Purifier, Central
# of Stories 2

Exterior

Lot Description RUFF'S LITTLE DIXIE
Roof Tar/Gravel, Flat Tile

Additional Information

Zoning Shared Housing
RE / Bank Owned No

Listing Details

OfficeLux Properties

Request a Showing

Provide a valid email address.
When would you like to view this property?