701 SE TARPON AVE
STUART, FL 34994
$2,400,000
0 Beds
0 Baths
7,048 Sq Ft
Status Active
MLS# RX-10987250
This remarkable 31-room building is located in a prime location, next to the Police Station and a newly zoned redevelopment area. 7,048 square feet under air, this building not only offers a fantastic space but also operates a successful business with a gross net operating income of $234,560.00. 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. Additionally, the property offers the flexibility to transform from a FOR-profit building to a NON-profit establishment, this property can also be utilized as an assisted living facility or possibly a HOTEL. The opportunities are endless! 6% ROI
Details for 701 SE TARPON AVE
$341 / Sq Ft
0 parking spaces
Electric, Window/Wall
25 Days on website
0.2 acres lot