Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Lot Size: | 1 Acres |
Financials
Price:$1,790,000
Annual Taxes:$2,296.12
Listing Courtesy of Palm Beach Property Buyers LLC
Prime 1 acre development opportunity in the rapidly revitalizing East Stuart corridor near downtown Stuart.
Description
Prime 1-acre development opportunity in the rapidly revitalizing East Stuart corridor near downtown Stuart. Zoned BMU (Business Mixed Use) allowing a variety of potential uses including multifamily residential, mixed-use residential over retail, professional or medical offices, restaurants, cafés, retail shops, and personal service businesses, as well as live-work concepts. Significant redevelopment is currently underway directly across the street by the City of Stuart. Recent nearby sales, including 701 SE Tarpon Ave which sold for $1.9M, highlight the strong demand and investment momentum along Tarpon Avenue. Conveniently located minutes from downtown Stuart, the St. Lucie River, shopping, dining, and major roadways. Rare opportunity for developers or investors seeking flexible zoning. Approximately 1-acre parcel located in the East Stuart area near downtown Stuart. The property is conveniently positioned near the St. Lucie River, local shopping, dining, and major transportation routes. The surrounding neighborhood is experiencing ongoing revitalization, including a significant redevelopment project currently underway directly across the street by the City of Stuart. Recent nearby sales along SE Tarpon Avenue, including 701 SE Tarpon Ave which sold for $1.9M, demonstrate the continued investment and demand in the area. Property offers potential for residential or multifamily redevelopment depending on buyer's intended use. Buyers are encouraged to verify zoning, density, utilities, and development potential with the appropriate authorities.
Amenities
- Cleared
- Corner Lot
- Oversized Lot
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.