$14,000,000 0 Se Federal Highway Hobe Sound, FL

MLS: RX10257796   Type: Land   County: Martin   City: Hobe Sound   Area: 14 - Hobe Sound-stuart - South Of Cove Rd   Zip: 33455   Style: Commercial,Multi-Family Med Den     Taxes: $42,483

Mortgage $65,728 /mo



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This 18+/- acre site consists of four parcels. The north parcel is 1.47+/- acres with frontage along Bridge Road.The middle parcel is 2.14+/- acres with frontage on SE Mars St and SE Neptune St. This parcel is zoned RM-5, Low Density Residential.The two southern lots span a total of 14.88+/- acres and are located along the west side of SE Federal Hwy and abut the Banner Lake community to the west and the Pine School campus to the south. A final site plan has been submitted for a 90 unit townhome project, known as Hobe Sound Village (Phase I). The gross residential density of the project is 6.05 units per acre. The 3.61+/- acres located to the north are known as Phase II of the Hobe Sound Village project. Zoning permits an additional 45 units.

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Price History

8/9/2016 Listed $14,000,000

# Parcels 4
Area 14 - Hobe Sound/Stuart - South of Cove Rd
HOA None
Listing Status Active
Miscellaneous Clearing Required
Property Type C
Short Sale No
Subdivision None
Tax Year 2015
Terms Considered Cash, Conventional
Type Commercial Land
Usage Unimprovd Bus/ Com, Unimproved Multi-Fam
Zoning RM-5; COR-2

Exterior Features

Ground Cover Brush, Weeds
Improvements None
Lot Description 11 to 25 Acres
Roads City/County Maint., U.S. Highway
Style Commercial, Multi-Family Med Den
Subdiv Info None
Trees Partially Treed

Property Schools

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Gallery (6 photos)

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Property vs Zip Code Avg (33455)

Price 14.0M Avg 1.35M

Taxes $42,483 Avg $7,603

Visits 26 Avg 71

Days on Site 293 Avg 357

Walkscore® 50 Avg 24

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Listing Provided Courtesy Of: Svn Florida Pb Llc

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Location & Address

Michael Chisling
201 SW Port St Lucie Blvd #103
Port St Lucie, FL

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