Berkadia is pleased to exclusively present the opportunity to acquire The Lucille (the “Property”), a 200-unit garden-style community located in Stuart, Florida. The Property consists of three-story residential buildings featuring spacious one-, two-, and three-bedroom apartment homes that have undergone a full comprehensive renovation, including modern kitchens with stainless steel appliances, granite countertops, and premium finishes, redefining obtainable luxury with a contemporary aesthetic designed to meet the long-term needs of both tenants and ownership.

Strategically positioned at 300 SE St Lucie Boulevard, The Lucille offers a premier coastal location near Stuart Beach at the intersection of SE Ocean Boulevard and U.S. Highway 1, providing unmatched access to the Treasure Coast’s top attractions, shopping, dining, entertainment, and daily conveniences. Residents enjoy the comfort and privacy of a low-density, garden-style community while benefiting from excellent regional connectivity to key employment centers, beaches, and local amenities.

This desirable location supports sustained renter demand for high-quality renovated housing in Stuart, driving potential for durable long-term rent growth. Additional upside for new ownership exists through the optimization of supplemental income streams, which are currently underutilized and represent a meaningful opportunity to enhance overall revenue and asset value.