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 consists 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. The City staff has gone on record as saying they would be inclined to have no objection to an application for FLUM and re-zoning changes to allow for a Hotel with conditions for approval including limited roof top dining, adequate noise and overlooking shielding to neighboring residential properties, approval of public works and compliance with building and fire safety codes.