701 SE Tarpon Avenue, Stuart, FL 34994
$2,150,000
Price
Property Type:Special use
Status:Active
Listing ID:RX-11009115
Year Built:1958
Lot Area:0.20
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Introducing a unique opportunity in Stuart, Martin County! This remarkable 34-room building is located in a prime location, surrounded by the Police Station and a newly zoned redevelopment area. The city of Stuart is experiencing active growth, making it an ideal investment for savvy buyers. With a spacious 7,048 square feet, this building not only offers a fantastic space but also operates a successful business with a gross net operating income of $252,960.00. The current business model focuses on renting rooms to veterans with an honorable discharge, tapping into the shared housing industry. This niche market provides a steady stream of income and an opportunity to serve those who have served our country.
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