$700,000
Hobe Sound, FL 33455
MLS# RX-10985470
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Property Description
Welcome to an exceptional opportunity to acquire .68 acres of prime commercial land in Hobe Sound, Florida. This property is surrounded by tons of new developments with over 400 units approved within a 2 mile radius, offering immense potential. Across the street they are currently developing a 3 story self storage facility. The zoning for the property is R-3A- Liberal Multifamily. The site has an average daily traffic count of 37,500 and an average income in a 3 mile radius of: $105,000.
Details
Maps
Contract Information
Listing Date: 2024-05-08
Status: Active
Original List Price: 700000
Auction: No
List Price: $700,000
Current Price: $700,000
List Price/Acre: 1029411.76
Comm/Non-Rep: 3%
Comm/Buyer Agent: 3%
Comm/Trans Brk: 3%
General Property Description
Type: Commercial Land
Acres: 0.68
Waterfront: No
Subdivision: Hobe Sound
Front Exp: East
Homeowners Assoc: None
Location, Tax & Legal
Area: 14 - Hobe Sound/Stuart - South of Cove Rd
Geo Area: MA14
Country: United States
County: Martin
Parcel ID: 343842021000000701
Street Dir: SE
Street Name: Se Federal
Street Suffix: Highway
State/Province: FL
Zip Code: 33455
Legal Desc: LAKE PARK, N 1/2 OF LOT 7
Zoning: R-3A
Tax Year: 5604
Taxes: 2023
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
Geo Lat: 27.1043
Geo Lon: -80.165929
Office/Member Info
DXORIGMLNO: RX-10985470
DXORIGMLSID: RML
Property Features
Land Use: Commercial; Multi-Family High De; Multi-Family Med Den
Location: County
Lot Description: 1/2 to < 1 Acre
Develop Status: Undeveloped
Improvements: None
Utilities Avail: Other
Utilities On Site: None
Ground Cover: Other
Roads: Country
Avail Docs: Aerial
Trees: Other
Terms Considered: Cash; Conventional
Showing Instructions: Text Listing Agent
Possession: At Closing
Listing Office: Johnston Group Real Estate Services LLC
Last Updated: May - 08 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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