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304 NW Flagler Avenue, Stuart, FL 34994 (MLS # M20057505)

PRICE $10,000,000
SIZE 4,444 sqft
LOT SIZE 32,174 sqft

Sportfish Marina Resort offers the rare chance to acquire an entitled waterfront development site in the City of Stuart's Urban Waterfront District, just west of the Roosevelt Bridge and within walking distance of Historic Downtown Stuart. The offering pairs a ±0.633-acre owned upland parcel with approximately 1.921 acres of adjacent submerged land held under a State of Florida lease that is signed, paid, and current. The 49-slip marina is fully approved and ready for building permitting, accommodating vessels of approximately 30-60 feet plus one 100-foot slip. Conceptual plans for the upland contemplate a 51-room boutique hotel (46 standard rooms and 5 suites) over a two-level parking deck, a rooftop restaurant, bar and infinity-edge pool, and a public boardwalk connection. A buyer can begin with the approved marina and phase in the hotel while existing parking income from Safe Harbor ($2,000/month) provides in-place income.

DAYS ON MARKET 5 LAST UPDATED 11/6/2026
TRACT Riverside Park YEAR BUILT 1977
COMMUNITY Riverside Park COUNTY Martin
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 3-Jensen Bch Stuart - N Roosevelt Br
CONSTRUCTION Block, Concrete
HEAT Central
LOT 0.7386 acre(s)
LOT DESCRIPTION Waterfront
STORIES 1
SUBDIVISION Riverside Park
TAXES 26564
WATERFRONT Yes
WATERFRONT DESCRIPTION River Front



 
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Listing provided by Reid Armor, NAI Southcoast, 772-286-6292

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