15 SE Seminole Street, Stuart, FL 34994

$5,500,000
25
BD
14
BA
12,207
SqFt
List Price
$5,500,000
Price Change
▼ $290,000 1669264190
MLS#
RX-10843070
Status
ACTIVE
Bedrooms
25
Bathrooms
14
Sq. Ft
12,207
Subtype
Single Family Detached
County
Martin
Community
Not Found
Region
8 - Stuart - North of Indian St
Year Built
1913

Property Description

Super rare property in the heart of Downtown Stuart. Was a very successful Air BNB/ Hotel with the opportunity to renovate and convert into Condo's or keep as is with a guaranteed monthly/ weekly rental with an average nightly income of $200 per unit. Seller is going thru the process of getting 14 boat slips approved for the dock for added income.This property comes with all the Funiture for immediate occupancy to start or renovate and convert into a high scale hotel or waterfront condos. Condos in the area are going for a premium especially with a dedicated dock east of the train tracks each and you have 25 grandfathered in units here to renovate or merge into bigger penthouse units. Property is perfectly located in the heart of downtown Stuart to enjoy all the things Stuart has to offer

Additional Information

Heating
Electric
Cooling
Electric
Roof
Metal
Water
Navigable, No Fixed Bridges, Ocean Access
Water Access
Private Dock
Exterior Features
Covered Balcony, Open Balcony, Room for Pool
Flooring
Carpet
Construction
Frame
Living Area
12,207
Pets Allowed
Allowed
Tax Amount
$12,021

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Calculator source: Real Geeks

Listing courtesy of Atlantic Shores Rlty Expertise. Contact:

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