A developer won city approval to build a riverfront condominium downtown Stuart with units priced at approximately $1 million each.
The developer, John J. Doyle, won unanimous approval from the Stuart City Commission to build a 20-unit condominium on land along the St. Lucie River at 41 and 37 Southwest Seminole Street. The site of the development, called Seminole Bluff, is just under one acre.
Doyle said he expects above-ground construction of Seminole Bluff to start by mid-2018.
Three houses now occupy the Stuart development site, and according to the Martin County property appraiser, their combined market value is $1.63 million.
Stuart attorney and innkeeper Steven Vitale has an agreement to buy one of the three houses, the century-old Dianne Browning Davant historic house at 41 Southwest Seminole Street, and to relocate it.
Doyle also is an active developer south of Stuart in Hobe Sound, where he is working on the community’s first major commercial developments in more than 20 years, including several restaurants and a RaceTrac gas station and convenience store. 37 SW Seminole Street in Stuart (Source: Zillow). [Stuart News] — Mike Seemuth
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