Mixed-Use Land for Sale in Stuart, Florida
SE Lee St & E Kingfish Stuart, FL 34997
The Cove is a shovel-ready, multifamily development project located in Port Salerno, Florida, a thriving community within Martin County, Florida. The area has seen steady growth in population and development, making it an ideal location for multifamily residential development. The site has full site plan approval, including architectural, civil engineering drawings and wastewater agreement. This development presents an exclusive opportunity to build 48 high-quality residential units across 4 buildings, each designed with modern amenities and thoughtful architecture. All units are 2-bedroom 2 bathroom with spacious balconies. Everything has been complete. Next step is to apply for permits. Owners would consider an equity partner and stay in the project.
Directions
Cove Road just East of Federal Highway. Located to the East of Stuart Sound Animal Hospital 3689 SE Cove Rd, Stuart, FL 34997 for point of reference
Property details
- County
- Martin County
- Elevation
- 13 feet
- MLS Number
- RAGFL F10408561
- Date Posted
Legal description
PORT SALERNO, LOTS 1 TO 5 BLK 174 & LOTS 1 TO 7 BLK 191 & ALL CLSD KINGFISH AVE BTWN LTS 1-5 & W1/2 CL
Parcels
- 513841001174000107
Property taxes
- 2022
- $6,614
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Unit Count
- 48
- Stories
- 3
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 28, 2024 | Price drop | $1,450,000 | $50,000 -3.3% | RAGFL |
| Nov 7, 2023 | New listing | $1,500,000 | — | RAGFL |