Prime 1 acre development opportunity in the rapidly revitalizing East Stuart corridor near downtown Stuart.


Property

Website:https://www.nestseekers.com/5343414
Address:
Stuart, FL 34994
Ownership: For Sale
Type: Land
Lot Size: 1 Acres

Financials

Price:$1,790,000
Annual Taxes:$2,296.12

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

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Palm Beach Property Buyers LLC

Stuart FL 34994 USA