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Spectacular Tropical Single-Family Private Island/Peninsula Twichell Island This amazing residence is located in the sub-tropical oasis of Stuart, Florida, the Sailfish Capital of the World. Situated on a 2.5-acre private island with a land bridge off the famed Treasure Coast, it has close proximity and a spectacular view of the St. Lucie Inlet, a prized deep-water access to the Atlantic Ocean. This island retreat home reflects a classic Key West style. It has 6 bedrooms, 5 bathrooms. The interior highlights include dramatic cypress tongue-and-groove, vaulted, and beamed ceilings and natural wood accents throughout. With over 200 custom windows, exotic carved doors, French doors, sliders, and brass portholes combined, every room boasts a spectacular view of river, ocean, or lagoon.
This is a very rare opportunity to acquire a riverfront site with very wide waterfront views in the dynamic City of Stuart, FL. The site has many possible uses including restaurant, retail, office, residential, etc. There is also the possibility to combine with adjoining properties if a larger project is desired. Seminole Street last year was approved to be part of the downtown parking waiver ordinance; this is a significant benefit to most redevelopment on Seminole. The city is supportive of redevelopment projects and is business-friendly. One possibility is to take advantage of the approvals in place for the attached four-story, six-unit condominium building. There is a possibility that this could be converted to a boutique-style hotel. The Downtown Boardwalk is being extended from Saint Lucie Blvd. along the Seminole St. waterfront to Colorado Ave. This construction will commence very soon. These improvements inspired the recently opened Boathouse Restaurant and will inspire redevelopment of the balance of Seminole Street. Stuart Main Street and the Downtown Business Association have gone on record supporting the redevelopment efforts of Seminole along with the City Commission.
4667 SE Binnacle Way 4 Plex Is in the heart of Port Salerno CRA district. The 4 plex sits on over a 1/3 acre and is concrete block construction with 3822 Sq Ft. The property is on city water and septic. The front building and top unit on the back building has impact windows. The roofs are newer and the electric system on the front building is upgraded. The interior of all units have been updated and have tile floors. The front building has 2 garage spaces which are rented at $75.00 per bay. On the west side of the front building there is additional gated storage. Property stays rented due to the location and demand.