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Offered at $1,250,000Active
beds
—
baths
0
sq ft
2,848
Built
1949

850 SW MARTIN DOWNS Boulevard

Palm City, FL 34990

About this home

Here is a unique opportunity to acquire a two story mixed use building on the main thoroughfare of Martin County. Offering flexibility - office/retail on first floor and a residential 2 bedroom/2 bath unit on second floor. This property totaling 2,848 sq ft with 12 parking spots situated on 0.156 highly visible acres across the St Lucie River is very suited for a variety of professional or service oriented uses making it attractive for investors and end users alike. The first floor provides a reception, numerous offices, kitchen w. dining area & two 1/2 bathrooms. The second floor unit highlights a spacious kitchen w. ample cabinets & Corian counter tops, 2 deluxe bathrooms, walk in closet, warm wood flooring throughout, large balcony. Enjoy superb water views. A one time opportunity.

Listing last checked: Listing updated:

Listed by Karin Hehn Bell PA · RE/MAX Properties · MLS #B26078703

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Details at a glance

Interior3 property facts
Heating
Central
Cooling
Central Air, Electric, Wall/Window Unit(s)
Flooring
Laminate, Other, Tile, Wood
Building4 property facts
Style
Office
Year built
1949
Parking
12
Roof
Metal
Land & utilities4 property facts
Lot size
0.16 acres
Water
Public
Sewer
Public Sewer
Zoning
1200 Mixed Use
Financial2 property facts
Annual taxes
$6,777
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,250,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,885 / monthAdjust
Principal & interest
$6,321
Property tax
$565
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,777. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 850 SW MARTIN DOWNS Boulevard

Can I request a private showing?

Request a tour of 850 SW MARTIN DOWNS Boulevard and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.