$2,400,000
Active
27 Days Online
0 Beds0 Baths0 SQFT
Active

701 SE Tarpon Avenue Stuart, FL 34994

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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 :)

  • Property TypeMulti-Family
  • NeighborhoodRuff'S Little Dixie
  • CountyMartin
  • Taxes$6,342
  • HOA/Condo/Coop Fees$0
  • Days on Site26 Days
  • MLS StatusActive
  • MLS ID NumberR10987250
  • Home Size Source N/A
  • Year Built1958
  • Lot Size0.2 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 22
  • Acreage 0.2
  • Water Public
  • Zoning Shared H
  • Security Fire Sprinkler SystemSmoke Detector(s)
  • Property Sub Type Multi Family
  • Utilities Cable AvailableElectricity AvailableWater Available

Interior Features

  • Cooling Central AirWall Window Units
  • Heating ElectricWall Furnace
  • Flooring Ceramic TileTile
  • Interior Air Filtration

Exterior Features

  • Roof FlatTar/ GravelTile
  • Waterfront Property No

Community Features

  • MLS Area 8 - Stuart - North of Indian St
  • Security Features Fire Sprinkler SystemSmoke Detector(s)

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Monthly Payment (Est.)

$12,761
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