120 M.L.K. Jr Blvd - MICRO on bruner pond 4,160 SF Hospitality Building Offered at $4,300,000 in Stuart, FL 34994
INVESTMENT HIGHLIGHTS
- Across The Street From The Brightline Stuart Train Station Estimated Completion 2026
- On Bruner Pond Park
- In The Heart Of The Creek District of Arts & Entertainment
EXECUTIVE SUMMARY
MICRO Hotel on bruner pond is the second phase of the MICRO on bruner pond development created by a local community THINK TANK called 901 hub, Inc. https://www.901hub.com
The proposed boutique hotel is located in the heart of The Creek District of Arts & Entertainment in Stuart Florida across the street from the newly approved Stuart Brightline Train Station. Brightline is scheduled to open the Stuart Train Station in 2026. https://www.youtube.com/watch?v=yO1is-b_fLY
Sunshine Construction & Development is the Design Build General Contractor. https://www.sunshinecad.com
The proposed hotel is located within Bruner Pond Park and nestled along Frazier Creek with waterfront views of Bruner Pond and the mature oak trees within the park. In addition to the new train station, MICRO Hotel is several steps from the Kindred Ave local tram stop owned and operated by the City Of Stuart. https://www.thecreekdistrict.org.
Construction is to begin in 2025 with an estimated completed date of June 2026 with a valve of $4.3 million. The first phase of the project sold as a design build development and scheduled to break ground in 2025. Sunshine Construction and Development is the Design Build General Contractor. The land owners, PAAK Stuart, LLC, signed a master lease to occupy the property as an Open Air Art Gallery called Art Farm to support the growth of the local art community. The Open Air Gallery is now pre-leasing to artists, food vendors, and entertainers. The Open Air Art Gallery and Art Farm concept will be maintained throughout the final MICRO on bruner pond development. Contact Capital Partners Commercial Real Estate, LLC for details.
The proposed boutique hotel is located in the heart of The Creek District of Arts & Entertainment in Stuart Florida across the street from the newly approved Stuart Brightline Train Station. Brightline is scheduled to open the Stuart Train Station in 2026. https://www.youtube.com/watch?v=yO1is-b_fLY
Sunshine Construction & Development is the Design Build General Contractor. https://www.sunshinecad.com
The proposed hotel is located within Bruner Pond Park and nestled along Frazier Creek with waterfront views of Bruner Pond and the mature oak trees within the park. In addition to the new train station, MICRO Hotel is several steps from the Kindred Ave local tram stop owned and operated by the City Of Stuart. https://www.thecreekdistrict.org.
Construction is to begin in 2025 with an estimated completed date of June 2026 with a valve of $4.3 million. The first phase of the project sold as a design build development and scheduled to break ground in 2025. Sunshine Construction and Development is the Design Build General Contractor. The land owners, PAAK Stuart, LLC, signed a master lease to occupy the property as an Open Air Art Gallery called Art Farm to support the growth of the local art community. The Open Air Gallery is now pre-leasing to artists, food vendors, and entertainers. The Open Air Art Gallery and Art Farm concept will be maintained throughout the final MICRO on bruner pond development. Contact Capital Partners Commercial Real Estate, LLC for details.
PROPERTY FACTS
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 26 | $72.00 | 188 |
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $18,180 | |
| Land Assessment | $815,340 | Total Assessment | $815,340 |
