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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.
3 story townhouse in mixed use development. Owners are registered real estate brokers. They would consider holding financing if they can lease back for 1 year.
Great investment opportunity! Rents Under market can be increased. Could also be an EXCELLENT Rehab Facility. This 6-unit apartment complex located in North River Shores, easily accessible from US Highway 1 in Stuart. Property has 2 buildings with one 3 bed/2 bath unit, two 2 bed/1 bath unit, and three 1 bed/1 bath unit. Close proximity to the area' s shopping centers and restaurants.