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.
8 - Stuart - North of Indian St
3-Phase Electric, Cable, Gas Natural, Public Sewer, Public Water
Intracoastal Front, No Fixed Bridges, Ocean Access, River Front, Seawall
Covered Balcony, Covered Patio, Fence
1/2 to < 1 Acre, Paved Road, Sidewalks, East of US-1
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