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Listed by Regency Realty Services

$5,995,000

Est. payment - /mo

12,622 SqFt

Active

15 SE Seminole ST Stuart, FL 34994

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MAXIM LLC

maxim@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active

Purchase Type For Sale

Square Footage 12,622 sqft

Price per Sqft $474

Subdivision Downtown Stuart

MLS Listing ID RX-11003242

Construction Status Resale

HOA Y/N No

Year Built 1913

Annual Tax Amount $77,360

Tax Year 2023

Lot Size 0.524 Acres

Property Sub-Type Quad Plex

Property 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

State FL

County Martin

Community Downtown Stuart

Area 8 - Stuart - North Of Indian St

Zoning UrbanWaterfront

Interior

Heating Electric

Cooling Electric

Flooring Wood Floor

Exterior

Exterior Feature Covered Balcony, Covered Patio, Fence

Community Features Sold As-Is

Utilities Available Cable, Electric, Gas Natural, Public Sewer, Public Water

Amenities Available Sidewalks, Street Lights

Waterfront Description Intracoastal,No Fixed Bridges,Ocean Access,River,Seawall

Water Access Desc Common Dock,Dock Available,Marina,Private Dock,Up to 20 Ft Boat,Up to 30 Ft Boat,Up to 40 Ft Boat,Up to 50 Ft Boat,Up to 60 Ft Boat,Up to 70 Ft Boat

View Intracoastal, Marina, River

Roof Type Metal

Present Use Sold As-Is

Private Pool No

Building

Lot Description 1/2 to < 1 Acre, East of US-1, Paved Road, Sidewalks

Story 3.0

Foundation Stucco

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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MAXIM LLC

+1(407) 288-0704

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15 SE Seminole ST Stuart, FL 34994

MAXIM LLC

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15 SE Seminole ST