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    4878 SE Commerce Ave Stuart, FL 34997

    For Sale
    $1,600,000

    Large parcel in active redevelopment district near waterfront amenities.

    Lot size:
    0.65 Acres

    Property Features for 4878 SE Commerce Ave

    General Information

    Lot size
    0.65 Acres

    Source: Papera Properties, LLC Agent Mike Baker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Port Salerno Redevelopment Opportunity

    This approximately 1.3-acre parcel is located in the center of Port Salerno's Redevelop District, offering numerous development options. Port Salerno is a historic fishing village with waterfront restaurants, marinas, dockage, charter activities, and seafood markets within walking distance. The location allows you to watch commercial fishermen unload their fresh catch from the Manatee pocket riverwalk. A revitalization project is in progress on and in front of the commercial waterfront to enhance walking traffic and parking. Plans are in place for a park adjacent to this property on Salerno Rd. The area is currently undergoing redevelopment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.1999112
    Latitude
    27.1449433

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    FAQs

    What type of property is this?
    Commercial land - Large parcel in active redevelopment district near waterfront amenities.
    Where is this commercial land located?
    The property is located at 4878 SE Commerce Ave Stuart, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 1.3 acre parcel in Port Salerno's Redevelop District.; - Numerous development options available.; - Walking distance to waterfront restaurants, marinas, and seafood markets.
    (772) 233-5352
    Request Owner's contact information
    4878 SE Commerce Ave 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    4878 SE Commerce Ave Stuart, FL 34997
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