37 West Seminole Street

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1 FOR SALE Downtown Stuart Waterfront Property 37 West Seminole Street Stuart, Florida Sales Price $1,350,000 LISTING AGENT Boyd G. Bradfield, JR., CCIM, SIOR naisouthcoast.com NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED S Kanner Hwy. Stuart, Florida naisouthcoast.com

2 Disclaimer Statement Disclaimer Statement This information has been prepared only for information purposes to assist a potential buyer in determining whether it wishes to proceed with an in-depth investigation of the property and/or business. Seller and any of its officers, employees or agents specifically disclaims any representation or warranty, express or implied, as to the accuracy or completeness of the offering materials or any accompanying information, and no legal commitment, obligation or liability of Seller or its officers, employees or agents shall arise by reason of the materials or accompanying information. Interested parties are expected to review independently all documents relating the property/business and the purchase. The property/business is being sold on as AS IS, WHERE IS and WITH ALL FAULTS basis. Your complete inspection of the property/business is recommended. Buyers will have an opportunity to examine the financial and legal documents, records, files and information relating to the property now in the possession of Seller, its agents or contractors. The purchase of this property will be based solely on a Buyer s own independent investigation and findings and not in reliance on any information provided by Seller, its agent or contractors. Seller, its agents or contractors shall have no liability for any incorrect information. Seller reserves the right at all times to reject, in its sole and absolute discretion, any and all offers received by it, for any reason whatsoever, notwithstanding that a particular offer is for the highest purchase price among those offers received and meets all the terms and conditions of this offering. Seller also reserves the right at all times to waive any or all technical defects in any offers, in Seller s sole and absolute discretion. The sales process may be terminated or modified without notice at any time. In the event two or more offers are determined to fall within a competitive range, Seller reserves the right to request a best and final offer from those parties.

3 Property Information Location: Building Size: Site Size: Frontage: 37 West Seminole Street, Stuart, FL 2,413 SF.4427 Acres 100 on Seminole St 70 on St. Lucie River Year Built: 1962 Land Use: Special Purpose Price: $1,350,000 Utilites: Comments: City of Stuart This is a very rare opportunity to acquire a Riverfront site with very wide waterfront views in the dynamic City of Stuart, Florida. The site has many possible uses including restaurant, retail, office, residential, etc. There is also the possibility to combine with adjoining properties if a larger project is desired. Seminole Street last year was approved to be part of the downtown parking waiver ordinance; this is a significant benefit to most redevelopment on Seminole. The City is supportive of redevelopment projects and business friendly.one possibility is to take advantage of the approvals in place for the attached four story six unit condominium building. There is a possibility that this could be converted to a boutique style hotel. The Downtown Boardwalk is being extended from Saint Lucie Blvd along the Seminole Street waterfront to Colorado Ave. This construction will commence very soon. These improvements inspired the recently opened Boathouse Restaurant and will inspire redevelopment of the balance of Seminole Street. Stuart Main Street and the Downtown Business Association have gone on record supporting the redevelopment efforts of Seminole along with the City Commissioners and Community Redevelopment Agency. Please see included letters.boyd Bradfield, CCIM can assist with meetings, etc. with the City of Stuart Development Department regarding the approval process for any redevelopment and all development applications. The City is very development friendly and the time is right for Seminole Street. LISTING AGENT Boyd G. Bradfield, JR., CCIM, SIOR boyd@naisouthcoast.com naisouthcoast.com

4 Parcel Map Downtown Stuart Waterfront Property Available for Sale

5 Zoning Map Downtown Stuart Waterfront Property Available for Sale

6 Survey Downtown Stuart Waterfront Property Available for Sale

7 South Elevation

8 North/West Elevations

9 Proposed Villas of Seminole Downtown Stuart Waterfront Property Available for Sale

10 Proposed Villas of Seminole Downtown Stuart Waterfront Property Available for Sale

11 Renderings

12 Renderings

13 Property Demographics 2014 Demographics Population 1 Mile 3,002 3 Miles 45,645 5 Miles 94,522 Average Household Income 1 Mile $ 56,997 3 Miles $ 68,889 5 Miles $ 76,678 Median Age 1 Mile Miles Miles 50.6

14 Photo Waterfront Property Martin County 37 West Seminole Street Stuart, Florida LISTING AGENT Boyd G. Bradfield, JR., CCIM, SIOR naisouthcoast.com Sales Price For.4427+/- Acres $1,350, S Kanner Hwy Stuart, Florida naisouthcoast.com

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