Patricia Nardone Acquires Office Property From Jeff Baron In Stuart For $2.4M
500 Southeast Osceola Street
$2,400,000
$296/SF
Building Size
8,092 SF
Asset Type
Office
Closing
Sep 30, 2026
About this deal
AI
The property asset involved in this transaction is an office located at 500 Southeast Osceola Street in the Stuart market. The sale price of the property was $2,400,000, with a total square footage of 8,092 and a price per square foot of $296.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,400,000
- Buyer: Patricia Nardone
- Seller: Jeff Baron
- Broker: Conor Mackin - CMB Commercial Real Estate
- Sale Date: 09/30/2026
This transaction highlights the involvement of key individuals in the real estate industry. Conor Mackin represented the seller, Jeff Baron, in this deal, facilitating the transaction between the buyer and the seller effectively. The office sale reflects the dynamics of the local real estate market.
On the Map
$2,400,000
$296/SF
Office
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Players
Stuart Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93