120 SE Martin Luther King Jr BLVD Active

Stuart,FL 34994

$ 4300000

- Bed

27 Baths

4200 SqFt


Key Details

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $1,023

MLS Listing ID RX-10997622

Construction Status New Construction

Annual Tax Amount $5,440

Tax Year 2023

Lot Size 0.740 Acres

Property Description

Located at the intersection of MLK Jr Blvd & Dixie Hwy adjacent to Bruner Pond Park in The Creek District of Arts & Entertainment. Across the street from the new Brightline Stuart Train Station estimated completion date for the train station is 2026. Proposed new construction 26 room boutique hotel with efficiency kitchens estimated completion 2026. Rooftop exercise facility and permaculture garden. A Open Air Art Gallery called Art Farm is currently accepting leasing for artists, vendors, and food trucks. Art Farm will remain as a main portion of the final hotel design.

Location

State FL

County Martin

Area 8 - Stuart - North Of Indian St

Zoning CRA Commercial

Interior

Heating Central Individual

Cooling Central Individual

Flooring Ceramic Tile,Concrete,Vinyl Floor

Fireplaces Type Smoke Alarm,Sprinkler

Exterior

Community Features City Jurisdiction,Plan Approval Rqr'd,Title Insurance,Use Conforms to Zone

Utilities Available Cable,Electric,Municipal Water,Public Sewer,Public Water

Roof Type Other,Steel Joist

Present Use City Jurisdiction,Plan Approval Rqr'd,Title Insurance,Use Conforms to Zone

Building

Story 100.00

Foundation Block,Concrete,Stucco

Construction Status New Construction

Others

Miscellaneous Elevator

Acceptable Financing Cash,Conventional,Exchange

Listing Terms Cash,Conventional,Exchange

Financing Cash,Conventional,Exchange

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