$1,390,000
Stuart, FL 34994
MLS# B26003643
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Property Description
Investment opportunity in Downtown Stuart! This vacant lot comes with city-approved plans for a luxury triplex, allowing you to skip the lengthy approval process, saving development costs, and start building sooner. Designed for three upscale units, the project offers excellent potential for strong rental income or resale. Downtown Stuart, named #1 Best Coastal Small Town in America by USA Today, is a rapidly growing area known for its vibrant downtown, waterfront lifestyle, and increasing demand for quality housing. Close to restaurants, shops, waterfront parks, and all the charm of historic downtown Stuart has to offer. Don't miss this rare opportunity to step into a ready-to-build project in one of Stuart's most sought-after locations.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Seller Represented YN: No
LP/Acre: 6459107.81
Listing Date: 2026-03-17
Status: Active
Original List Price: 1390000
List Price: $1,390,000
Current Price: $1,390,000
Listing Service: Full Service
Location and Legal
County Or Parish: Martin
County Parish Name: Martin
City Name: Stuart
Municipality Type: Incorporated
Postal Zip: 34994
Development Name: Downtown Stuart
Geographic Area: MRTC - Martin County
Subdivision Number: 5
Flood Zone: X
County Land Use: 10
Country: United States
Street Number: 506
Street Direction Prefix: SW
Street Name: Camden
Street Suffix: Avenue
State Or Province: FL
Postal Code: 34994
Postal Code +4: 2922
Subdivision Name: Downtown Stuart
Area: 6080 - Stuart - North of Indian St
Elementary School: J.D. Parker
Middle Or Junior School: Stuart
High School: Jensen Beach
Parcel Number: 053841005020000202
Zoning: Multifam - Comm
General Property Information
Transaction Type: Listing For Sale
Lot Size Dimensions: 75 x 125
Property Description: VACANT COMMERCIAL
Gated Community YN: No
LP/Assessed Value: 4.74
LP/SqFt: 148.27
Property Sub Type: Unimproved Land
Lot Size Acres: 0.22
Lot Size Square Feet: 9375
Direction Faces: East
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Assessed/SOH Value: 293550
Assessor Market Value: 293550
Tax Year: 2025
Tax Annual Amount: 5212.71
Tax Legal Description: FRAZIER ADDN S1/2 OF LOT 2 & ALL LOT 3 (LESS E 4) BLK 20 OR 347/2372
Office/Member Information
DXORIGMLSID: RML
Special Listing Conditions
Standard: 1
Documents Available
Plans: 1
Current Use
Unimproved: 1
Other: 1
Development Status
Proposed: 1
Recorded Plat: 1
Environmental Audit
Unknown: 1
Location of Property
City Location: 1
Possession
Close Of Escrow: 1
Possible Use
Multi-Family: 1
Qualifying Requirements
Minimum Credit Score YN: No
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Trees
None: 1
Utilities
Sewer Available: 1
Water Available: 1
View
City: 1
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Road Frontage Type
East of US-1: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Membership
No Membership Available: 1
Tax Information
Land Only: 1
Elevation Description
0-5 Feet Above Sea Level: 1
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-03-18T14:14:31Z
Major Change Type: New Listing
Status Change Date: 2026-03-18
Originating Details
Originating System Key: 20260312164312404450000000
Originating System ID: M00000170
Property Features
Current Use: Unimproved; Other
Development Status: Proposed; Recorded Plat
Documents Available: Plans
Environmental Audit: Unknown
Location of Property: City Location
Possession: Close Of Escrow
Possible Use: Multi-Family
Sewer: Public Sewer
Special Information: Sold As-Is
Special Listing Conditions: Standard
Trees: None
Utilities: Sewer Available; Water Available
View: Other
Listing Terms: Cash; Conventional
Lot Features: Cleared
Membership: No Membership Available
Road Frontage Type: East of US-1
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Tax Information: Land Only
Water Source: Public
Showing Requirements: Call Listing Agent; Text Listing Agent
Elevation Description: 0-5 Feet Above Sea Level
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: Waterfront Properties & Club C
Last Updated: September - 29 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
