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    1500 SE Cove Rd Stuart, FL 34997

    For Sale
    $2,200,000

    Other - Stuart, FL

    Property size:
    3,305 SF
    Lot size:
    2.38 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 1500 SE Cove Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTIFAM
    APN
    343841001000000805
    Size
    3,305 SF
    Lot size
    2.38 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1981
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Other
    Building materials
    Frame
    Roof type
    Other
    Architectural style
    Other

    Dalton Wade, Inc. (727) 888-4175 [email protected]

    Listing agent Shelley Marko (888) 668-8283

    Listing date Nov 3, 2025

    MLS# RX-11128557 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Land Near Waterfront

    This 2.4-acre property, located near I-95 and waterfront restaurants in Port Salerno, Stuart, and Jensen Beaches, has been approved and surveyed for multifamily development. The property is divided into four half-acre lots with access on Grace/Trover Lane to each lot. Approved uses include 4-8 residential houses, one main house, and one mother-in-law suite or rental, with the suite being half the size of the main house per lot. Gas lines are currently being installed in the area. The property's zoning is MULTIFAM. Potential may exist for professional offices or a daycare, but these uses need to be verified with Martin County by the buyer. The property is located in Stuart, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Department Store Food Market HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.234272
    Latitude
    27.122315

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    FAQs

    What type of property is this?
    Residential land & home lot - 2.4 acres approved for multifamily development near waterfront restaurants.
    Where is this residential land & home lot located?
    The property is located at 1500 SE Cove Rd Stuart, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Approved and surveyed for multifamily development on 2.4 acres.; - Divided into 4 half-acre lots with access on Grace/Trover Lane.; - Approved for 4-8 residential houses per lot, including main house and mother-in-law suite/rental.
    (888) 668-8283
    Request Owner's contact information
    1500 SE Cove Rd Stuart, FL 34997
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    Stuart, FL 34997
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 SE Cove Rd Stuart, FL 34997
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