Price Reduction
Address
0 SE Federal Highway Hobe Sound, FL
Price
$ 12,000,000
Property Attributes
  • MLS#RX10257796
  • TypeLand
  • CountyMARTIN
  • CityHobe Sound
  • Area14 - Hobe Sound-Stuart - South of Cove Rd
  • Zip33455
  • StyleCommercial,Multi-Family Med Den
  • Taxes42483
  • Price$ 12,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
SVN Florida PB LLC
Property Description

This 18+/- acre multi-family development site consists of four parcels. Parcel One is 1.47+/- acres with frontage along Mars Road. This parcel is zoned COR-2, Commercial Office/Residential. Parcel Two is 2.15+/- acres with frontage on SE Mars St and SE Neptune St. This parcel is zoned RM-5, Low Density Residential.Parcels Three and Four span a total of 14.88+/- acres. These two parcels are located along SE Federal Hwy, abut the Banner Lake community to the west, with prestigious Pine School campus located to the south. A final site plan, known as Hobe Sound Village (Phase 1), has been submitted for these two parcels. The gross residential density of the project is 6.05 units per acre. Existing zoning for these two parcels is COR-2, Commercial Office/Residential and RM-5, Low Density Residential.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
8/9/2016 Listed $14,000,000
6/14/2017 29% - $10,000,000

General Features

# Parcels 4
Area 14 - Hobe Sound/Stuart - South of Cove Rd
Geo Area MA14
Geo Lat 27.056019
Geo Lon -80.136416
HOA None
Listing Status Active
Misc. Clearing Required
Property Type C
REO No
Short Sale No
Special Info Comforms to Zoning
Style Commercial, Multi-Family Med Den
Subdivision None
Terms Considered Cash, Conventional
Type Commercial Land
Usage Unimprovd Bus/ Com, Unimproved Multi-Fam
Zoning RM-5; COR-2

Exterior Features

Tax Year 2015
Ground Cover Brush, Weeds
Improvements None
Lot Description 11 to 25 Acres
Roads City/County Maint., U.S. Highway
Subdiv Info None
Trees Partially Treed

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33455

Price
AVG $1.39M
$12M
Taxes
AVG $9,713
$42,483
Visits
AVG 20
46

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