Ruff S Little Dixie Multifamily For Sale
701 Se Tarpon Avenue, Stuart, FL 34994

$2,290,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R10987250
  • Virtual Tour: YES
  • List Price: $2,290,000
  • Taxes:$6,342
  • Year Built:1958
  • Listing Date:May 14, 2024
  • Days On Market:49

Description


This remarkable 34-room building, adjacent to the Police Station and a newly zoned redevelopment area, offers 7,048 sq ft under air and operates a successful business with a gross net operating income of $257,040. The property is zoned for many uses such as a motel, hotel, multi-family dwelling, and more. The current model focuses on renting rooms to veterans with honorable discharges, tapping into the shared housing industry. Bathroom Layout: Downstairs: 3 bathrooms (1 ADA), 4 toilets, 3 sinks, 2 common area sinks, 1 mop sink. Rooms: 28 rooms (10x12), 2 rooms (8x10), 1 room (12x12). Extras: 1 office (10x10), 2 showers, 2 washers, 2 dryers, 3 deep freezers, 2 tool rooms (extra $1,260/month rental income). Upstairs: 2 bathrooms, 4 showers, 4 sinks, 4 toilets. The property is currently 100%

Features


  • Floor:CeramicTile, Tile
  • Exterior Feature:

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker