$2,500,000
Hobe Sound, FL
MLS# B26075520
6500 sqft
1 / 14
Property Description
Excellent Hobe Sound investment opportunity directly on US-1/SE Federal Hwy with high visibility and easy access. Existing rents have not been raised in years, offering significant rental upside. Additional land between the duplex and commercial plaza may provide potential for another duplex or additional commercial space. Detached garage on the west side has its own electric meter and may offer potential conversion to an efficiency unit. Located approximately 10 minutes from Hobe Sound Beach/Jupiter Island and 7 miles from I-95. General Commercial Future Land Use and located within the Hobe Sound CRA. Excellent value-add opportunity.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Seller Represented YN: No
Listing Date: 2026-09-12
Status: Active
Original List Price: 2500000
List Price: $2,500,000
Current Price: $2,500,000
Listing Service: Limited Service
Location and Legal
County Or Parish: Martin
Municipality Type: Incorporated
Postal Code: 33455
Geographic Area: MRTC - Martin County
Subdivision Number: 0
Flood Zone: X
Country: United States
Street Number: 11150
Street Direction Prefix: SE
Street Name: FEDERAL
Street Suffix: Highway
State Or Province: FL
Postal Code +4: 5119
Area: 6140 - Hobe Sound/Stuart - South of Cove Rd
Parcel Number: 343842000270000206
Zoning: R-3A
Directions: Take I-95 to Exit 96 (SE Bridge Rd/Hobe Sound). Head east on SE Bridge Rd approximately 6.3 miles to US-1/SE Federal Hwy. Turn right (south) onto SE Federal Hwy. Property is located at 11150 SE Federal Hwy with access from the Federal Highway service road
General Property Information
Number Of Buildings: 3
Number Of Units Total: 6
Leasable Area: 6500
Price Per Unit: 357
Adjusted Area Main: 6500
Accessibility Features YN: Yes
Lot Size Area: 27600
Stories Total: 1
Property Sub Type: Mixed Use
Building Area Main: 6500
Building Area Source: Appraiser
Year Built: 1970
Parking Total: 30
Lot Size Acres: 0.63
Office/Member Information
DXORIGMLSID: RML
Electric
440 Volts: 1
Parking Features
Accessible Parking: 1
Boat: 1
Common: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Special Listing Conditions
Standard: 1
Documents Available
Aerial Photo(s): 1
Existing Survey: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Separate Electric Meters: 7
Other Area Details
Living Area Other Structures: 2116
Building Area Other Structures: 2798
Adjusted Area Other Structures: 0
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Water Connected: 1
Propane: 1
Zoning Information
Use Conforms To Zoning: 1
Business Type
Food & Beverage: 1
Restaurant: 1
Distance To Information
Miles to Beach: 3
Miles to Expressway: 7
Heating
Central: 1
Central Individual: 1
Sale Includes
Building: 1
Leases: 1
Construction Materials
CBS: 1
Concrete: 1
Stucco: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
Owner Will Carry: 1
Private Financing Available: 1
USDA Loan: 1
VA Loan: 1
Roof
Aluminum: 1
Metal: 1
Security Features
Closed Circuit Camera(s): 1
Smoke Detector(s): 1
Water Source
Public: 1
Cooling
Central Air: 1
Central Individual: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 12968.7
Tax Year: 2025
Tax Legal Description: GOMEZ GRANT LOTS A TO N UNREC E 240' OF N 115' OF LOT E UNREC S/D AS IN OR 330/2202
Status Change Information
Major Change Timestamp: 2026-09-12T20:09:44Z
Major Change Type: New Listing
Status Change Date: 2026-09-12
Originating Details
Originating System Key: 20260810022708741542000000
Originating System ID: M00000170
Property Features
Business Type: Food & Beverage; Restaurant
Documents Available: Aerial Photo(s); Existing Survey
Electric: 440 Volts
Heating: Central; Central Individual
Parking Features: Accessible Parking; Boat; Common
Possession: Close Of Escrow
Property Condition: Resale; Updated/Remodeled
Sale Includes: Building; Leases
Special Listing Conditions: Standard
Zoning Information: Use Conforms To Zoning
Construction Materials: CBS; Concrete; Stucco
Cooling: Central Air; Central Individual
Listing Terms: 1031 Exchange; Cash; Conventional; FHA; Owner Will Carry; Private Financing Available; USDA Loan; VA Loan
Roof: Aluminum; Metal
Security Features: Closed Circuit Camera(s); Smoke Detector(s)
Sewer: Septic Tank
Utilities: Cable Available; Electricity Connected; Water Connected; Propane
Water Source: Public
Showing Requirements: Call Listing Agent; Occupied
Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot
Supplements
Unique mixed-use investment opportunity with multiple potential value-add strategies. Property includes an existing commercial plaza, duplex, detached garage and additional land. Current rents have not been increased in years, creating significant potential upside through future rent adjustments. Additional land located between the duplex and plaza may offer the potential to construct another duplex or expand the existing commercial/plaza space. The detached garage on the far west side of the property has its own electric meter and may potentially be converted into an additional efficiency unit. Excellent US-1/SE Federal Highway exposure in the growing Hobe Sound market, approximately 10 minutes from Hobe Sound Beach and Jupiter Island and approximately 7 miles from I-95. General Commercial Future Land Use and located within the Hobe Sound CRA. Ideal for an investor, owner-user or developer looking for existing income combined with future expansion potential.
Listing Office: Palm Beach Property Buyers LLC
Last Updated: November - 11 - 2026
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