15 SE Seminole Street
Stuart, Florida

MLS#: RX-11003257

$5,995,000 USD

  • Total rooms
    18
  • Minimum sellable space
    1,173m²  (12,622ft²)
The details

Property features

Key features

  • intra coastal canal
  • river
  • no fixed bridge

Construction details

  • Year built: 1913
  • Roofing: metal

Other features

  • Cooling system: Electric
  • Heating system: Electric

Area

  • Property size: 1,173m²  (12,622ft²)
  • Land/Lot size: 2,104m²  (0.52ac)
  • Bathrooms: 18
  • Total rooms: 18

Description

Rare Gem in the Heart of Downtown Stuart with Direct Riverfront Views. Build up to 15 luxury TH's or condo's over 0.5167 acres with garages, private docks/marina and rooftop decks overlooking direct river views. Urban Waterfront Zoning allows retail, restaurant, office, residential use up to 30 units/acre. Walk to everything downtown has to offer. Previous lodging destination. Property currently has 25 grandfathered multifamily units over 3 stories with potential to do short-term rentals. Property could use updating and has significant add value potential considering its rare/unique historical appeal. Convert into a high-scale waterfront accommodation and merge units to make for larger suites. 2022/2023: metal roof, re-stuccoed & paint. Estimated 240ft dock and large parking lot on-site.

Location

Stuart, Florida
Courtesy of Matan Morag Regency Realty Services