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    627 SW Federal Highway S

    Stuart, FL 34994
    • $2,250,000
    • STATUS: Active
    • ON SITE: 13 Days
    • ID#: RX-10751062
    UPDATED: 75 min ago
    $2,250,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,538
      SQFT
    • $344
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:
    Area:

    School Ratings & Info

    Description

    Motel , 19 units , Stuart Florida , heart of the Treasure Coast , Location * Location * Location ,Just shy of 1 acre ( .998 ) on Prime US1 , close to restaurants , beaches , marina , theater , Stuart Shops , hospitals & so much more . Original 19 unit Motel built in 1948 through 1959 with Exposure * Exposure * Exposure - Short Stay - Extended Stay . Endless possibilities , opportunities , for added value & income stream . Such as VRBO , Traveling Nurses , Close by Hospital & seasonal Vacationers just to name a few .Perfect Time to fill the thriving rental vacancy gap . The units are a mix of Motel Room Studio efficiencies & 1 bedroom cottages . Current owner operator for 20 years is moving on to other interests . Looking for a '' Cash Cow '' here it is , price is based on PGI

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    www.thefabbrigroup.com/homes/122246615
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    627 SW Federal Highway S Stuart, FL 34994

    • Price: $2,250,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: RX-10751062
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    6,538
    SQFT
    $344
    $/SQFT
    1959
    Built
    Neighborhood:
    Frazier Crescent
    County:
    Martin
    Area:
    Stuart
    Property Description
    Motel , 19 units , Stuart Florida , heart of the Treasure Coast , Location * Location * Location ,Just shy of 1 acre ( .998 ) on Prime US1 , close to restaurants , beaches , marina , theater , Stuart Shops , hospitals & so much more . Original 19 unit Motel built in 1948 through 1959 with Exposure * Exposure * Exposure - Short Stay - Extended Stay . Endless possibilities , opportunities , for added value & income stream . Such as VRBO , Traveling Nurses , Close by Hospital & seasonal Vacationers just to name a few .Perfect Time to fill the thriving rental vacancy gap . The units are a mix of Motel Room Studio efficiencies & 1 bedroom cottages . Current owner operator for 20 years is moving on to other interests . Looking for a '' Cash Cow '' here it is , price is based on PGI
    Exterior Features

    Construction BlockConcreteMixed Miles To Beach 5 Roof AluminumComp RolledComp ShingleMixed Waterfront YN No

    Interior Features

    Bath Toilets 20.00 Ceiling Height 8 Cooling Ceiling FanElectricWall-Win A/C Flooring CarpetCeramic TileConcreteLaminate Heating No Heat Miscellaneous1 Kitchen Facilities Miscellaneous2 Manager On PremisesMeeting RoomOfficeOutside Storage Percent Air Conditioned 100.00

    Property Features

    Available Docs AerialNone Available Info Equipment InventoryInventoryOwner ManagedPhotosStock Inventory Expenses Real Estate Taxes 8700.00 Fire Protection NoneSmoke AlarmSmoke Detector For Lease No For Sale Yes Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Possession At Closing Sale Includes Building And LandEquipmentFixturesFurnitureInventorySignsTrade Name Security Tv Camera Tax Amount Real Estate Taxes 8625.29 Tax Year 2020 Tenant Pays None Terms Considered CashConventional Type Of Building Free StandingHotel / MotelIncomeResident. Multi-Fam. Use Hotel/ MotelMixed Utilities CableElectricPublic WaterSeptic

    Listing provided courtesy of Keller Williams Realty. Listing information © 2021 BeachesMLS
     
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