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120 M.L.K. Jr Blvd - MICRO on bruner pond

4,160 SF Hospitality Building Offered at $4,300,000 in Stuart, FL 34994

Hospitality Properties Florida Stuart 120 M.L.K. Jr Blvd, Stuart, FL 34994

Investment Highlights

  • Across The Street From The Brightline Stuart Train Station Estimated Completion 2026
  • On Bruner Pond Park
  • In The Heart Of The Creek District of Arts & Entertainment

Executive Summary

MICRO Hotel on bruner pond is the second phase of the MICRO on bruner pond development created by a local community THINK TANK called 901 hub, Inc. https://www.901hub.com
The proposed boutique hotel is located in the heart of The Creek District of Arts & Entertainment in Stuart Florida across the street from the newly approved Stuart Brightline Train Station. Brightline is scheduled to open the Stuart Train Station in 2026. https://www.youtube.com/watch?v=yO1is-b_fLY
Sunshine Construction & Development is the Design Build General Contractor. https://www.sunshinecad.com
The proposed hotel is located within Bruner Pond Park and nestled along Frazier Creek with waterfront views of Bruner Pond and the mature oak trees within the park. In addition to the new train station, MICRO Hotel is several steps from the Kindred Ave local tram stop owned and operated by the City Of Stuart. https://www.thecreekdistrict.org.
Construction is to begin in 2025 with an estimated completed date of June 2026 with a valve of $4.3 million. The first phase of the project sold as a design build development and scheduled to break ground in 2025. Sunshine Construction and Development is the Design Build General Contractor. The land owners, PAAK Stuart, LLC, signed a master lease to occupy the property as an Open Air Art Gallery called Art Farm to support the growth of the local art community. The Open Air Gallery is now pre-leasing to artists, food vendors, and entertainers. The Open Air Art Gallery and Art Farm concept will be maintained throughout the final MICRO on bruner pond development. Contact Capital Partners Commercial Real Estate, LLC for details.

Attachments

Creek District of Arts & Entertainment
MICRO Hotel
MICRO Hotel Courtyard
MICRO Hotel Dixie Aerial
MICRO Hotel MLK Street View
MICRO Hotel Bruner Pond View
MICRO Hotel Tram Internal Drop Off

Property Facts

Price $4,300,000 Building Size 4,160 SF
Price Per Room $165,385 No. Rooms 26
Sale Type Investment No. Stories 3
Sale Conditions
Build to Suit
  • Redevelopment Project
 Year Built 2026
Property Type
Hospitality
  • Hospitality Hotel
 Parking Ratio 7.69/1,000 SF
Building Class B Corridor Exterior
Lot Size 0.74 AC Cross Streets Dixie Hwy
Construction Status Final Planning
Price $4,300,000
Price Per Room $165,385
Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
Property Type
Hospitality
  • Hospitality Hotel
Building Class B
Lot Size 0.74 AC
Construction Status Final Planning
Building Size 4,160 SF
No. Rooms 26
No. Stories 3
Year Built 2026
Parking Ratio 7.69/1,000 SF
Corridor Exterior
Cross Streets Dixie Hwy

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 26 $72.00 188

Links

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120 M.L.K. Jr Blvd, Stuart, FL - aerial map view - Image1
120 M.L.K. Jr Blvd, Stuart, FL - aerial map view - Image2
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-38-41-000-000-00323-0
  • 04-38-41-000-000-00322-0
 Improvements Assessment $18,180
Land Assessment $815,340 Total Assessment $815,340

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-38-41-000-000-00323-0
  • 04-38-41-000-000-00322-0
Land Assessment
$815,340
Improvements Assessment
$18,180
Total Assessment
$815,340

zoning

Zoning Code CRA/Creek District (CRA District & Creek Arts District Hotel/ Commercial)
CRA/Creek District (CRA District & Creek Arts District Hotel/ Commercial)
(772) 205-8306

  • Listing ID: 32192336

  • Date on Market: 6/20/2024

  • Last Updated:

  • Address: 120 M.L.K. Jr Blvd, Stuart, FL 34994

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VIDEOS
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PHOTOS
STREET VIEW STREET
MAP

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120 M.L.K. Jr Blvd, Stuart, FL for sale Building Photo- Image 1 of 5
MICRO on bruner pond
120 M.L.K. Jr Blvd, Stuart, FL for sale Aerial- Image 2 of 4
Bruner Pond Park 3.58 Acres
120 M.L.K. Jr Blvd, Stuart, FL for sale Aerial- Image 3 of 4
Bruner Pond Park 3.58 Acres

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120 M.L.K. Jr Blvd - MICRO on bruner pond
(772) 205-8306 x

120 M.L.K. Jr Blvd - MICRO on bruner pond

Anthony Olivieri

(772) 205-8306

(772) 205-8306

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