15 SE Seminole St

stuart, FL 34994

$5,995,000

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    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.

    Details

    0.52 Private Acres Exterior Space

    Commercial

    $77,360 Annual Tax

    Built in 1913

    MLS/Listing ID RX-11003257

    3 Stories

    Amenities & Features

    Intracoastal Access

    No Fixed Bridges

    Ocean Access

    River Front

    Lot - Central Business District

    Metal

    Listing Courtesy of REGENCY REALTY SERVICES, MATAN MORAG - 561-706-0095

    FTL

    Source of Data: BEACHESMLS

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