Multi Use Property 2 Properties Offered at $3,000,000 in Stuart, FL
INVESTMENT HIGHLIGHTS
- Unique property with several income producing rentals- House, Garage Apt, Tandem Storage Garage, Metal Dome, Office spaces & vacant land storage
- Income potential on new Main House Lease can increase to $4,000 per month + $500 for Tandem garage, plus Nursery rental increase to $3,600
- Endless Possibilities with these 2 properties: Desirable Corner Lot, Mixed Use-Apt/Condos, Offices/Medical Buildings, Storage Units, Stores/Markets
EXECUTIVE SUMMARY
Unique Commercial/Residential Property! Can be used as a Live/Work Property, located next to Cleveland Clinic-South Hospital and Indian River College. Desirable Corner Lot - many opportunities to develop these two properties !
Square footage from several different buildings on properties.
Property Rental Income from 5 separate Leases - $125,400 p/yr Gross-2024
Square footage from several different buildings on properties.
Property Rental Income from 5 separate Leases - $125,400 p/yr Gross-2024
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
| Price | $3,000,000 |
| Price / SF | $352.94 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,500 SF |
| Total Land Area | 4.32 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1940 SE Salerno Rd, Stuart, FL 34997 | Land | 2.34 AC | - | - |
| 1970 SE Salerno Rd, Stuart, FL 34997 | Specialty | 8,500 SF | 1978 | - |
CONTACT
-
Linda Strulowitz - Mazal Property LLC
