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    2901 Highway A1A N Hutchinson Island, FL 34949

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    For Sale
    $6,995,000

    Shovel-ready commercial land with mixed-use zoning and approved site plan.

    Lot size:
    9.44 Acres

    Property Features for 2901 Highway A1A N

    General Information

    Lot size
    9.44 Acres

    Source: Douglas Elliman Florida LLC Agent Sally Daley

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

    Overview

    Approved Site Plan on A1A

    This shovel-ready site features an approved site plan and is the only non-developed commercial development location available to service North Hutchinson and South Vero. The mixed-use zoning allows for residential, commercial/retail, and possible hotel development, including one to two slips with existing canal frontage. Conceptual plans are available for a Village at North Hutchinson, envisioning a mix of low-rise condos, retail space, and a hotel to create a community hub. A residential-only development could accommodate up to 70 units. Beach access is located across the street.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grande Beach North ... Real Estate Agency

    Suggested Use

    Restaurant Hotel & Motel Italian Restaurant Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Hutchinson Island
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.279991
    Latitude
    27.425976

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    FAQs

    What type of property is this?
    Land - Shovel-ready commercial land with mixed-use zoning and approved site plan.
    Where is this land located?
    The property is located at 2901 Highway A1A N Hutchinson Island, FL.
    What is the asking price?
    The asking price for this property is $6,995,000.
    What are key features of this property?
    This property features: - Shovel-ready site with approved plan for immediate development; - Only non-developed commercial site servicing North Hutchinson and South Vero; - Mixed-use zoning allows for residential, commercial/retail, and potential hotel development
    (772) 538-4503
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    2901 Highway A1A N Hutchinson Island, FL 34949
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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
    2901 Highway A1A N Hutchinson Island, FL 34949
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