It's not every day that an opportunity to acquire an iconic and stabilized multifamly asset with a rich history and great upside presents itself. This offering consistes of one 30 unit building measuring 3 stories with 22,000 square feet of rentable space. There are twelve 1 BR 1 BA water view units, twelve 1 BR 1 BA garden view units, and 6 efficiency units. Each unit contains a kitchen with a refrigerator, stove, and sink. Other amenities include elegant and lush landscaping, open and spacious common areas, and an 8 slip dock with access to the Atlantic Ocean. Built in the 1920s, this Mediterranean designed building is of solid poured concrete and is a veritable fortress. The France is truly a spectacle to behold and is an elegant and timeless piece of Stuart history.

Location Description:

Nestled riverside in "America's Happiest Seaside Town 2017" this asset is conveniently located just South of the Roosevelt Bridge right off Martin County's main arterial, US Highway 1. Walking distance to over 50 world class and locally owned shops, restaurants, boutiques, antique shops, art galleries, parks, a riverside boardwalk, the courthouse, and Martin Memorial Hospital.

There are two major groups of activity in the