Stuart, FL Multi-Family Development
For Sale
$1,950,000
Pending
1500 SE Cove Road, Stuart, FL 34997
Land & Docks, Stuart, FL
Property SizeContact for details
Lot Size2.38 Acres
Days on Market151
Property Features for 1500 SE Cove Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RES M A-1 FARMS
Vegetation
Grassed
Fencing
Fenced
Subdivision
WACO FIELD PLACE
Lot features
Corner Lot, Sidewalks, Cleared, Filled, Home
Elementary school
SeaWind
Middle school
Murray
High school
South Fork
Directions
95 EAST 76 RIGHT ON COVE RD PROPERTY ON RIGHT ACROSS FROM LEGACY COVE ENTRANCE
Standard status
Pending
APN
343841001000000805
Lot size
2.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WACO FIELD PLACE LOT 8 (LESS BEG SW COR N 626.67' E 186.61' TO E/LN S 545.30' SW 203.80' TO POB & LESS R/W)
Tax Annual Amount
464
Legal Description
WACO FIELD PLACE LOT 8 (LESS BEG SW COR N 626.67' E 186.61' TO E/LN S 545.30' SW 203.80' TO POB & LESS R/W)
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Water source
Public
Listing Agency:
Dalton Wade Inc
(888) 668-8283
Listed By:
Shelley Marko · License #674837
(772) 359-5302
Added: Apr 2
Changed: Aug 21
Last Checked: Aug 30 at 12:06AM
MLS# B26010520
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2.38-acre property in Stuart, Florida, presents a multi-family development opportunity. The site has been rezoned for multi-family use. The owner has a survey in hand. Other purposes are possible, subject to verification with Martin County. Currently, there are three houses on the property, considered teardowns, making the site ready for new construction. Electric and water services are already connected. Access to the property is facilitated by an access road off Cove Road on Grace Lane. The owner had the property accepted survey through Martin County sectioning off property into 4 half acre apx parcels allowing 2 houses One half the size of primary home per lot on a accepted survey. Another possibility that has NOT been approved but to show other possible options. Buyer/ broker to use due diligence for intended use for property! Owner/Broker not responsible for errors on report! Please Verify with Martin county!
Key Highlights
- Multi‑family rezoning approved, opening doors to various development possibilities.
- Survey in hand, sectioning property into 4 parcels for ease of planning.
- Electric and water are already on site, streamlining the building process.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 34997, FL
44,000
Population
22,192
Households
2
Avg Household Size
52
Median Age
30%
College-Educated
92%
High-School Grad
90.7 sq mi
ZIP Area
485
Density / Sq Mi
$75,705
Median Household Income
$37,381
Median Earnings
$1,520
Median Rent
$335,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.38 acre multi-family development opportunity in Stuart, Florida.
Where is this residential land & home lot located?
The property is located at 1500 SE Cove Road Stuart, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Multi‑family rezoning approved, opening doors to various development possibilities.; Survey in hand, sectioning property into 4 parcels for ease of planning.; Electric and water are already on site, streamlining the building process.
