Back to Search
Stuart, FL Multi-Family Development Opportunity

1500 SE Cove Road Stuart, FL 34997

1500 SE Cove Road, Stuart, FL, 34997
$1,950,000
Pending
For Sale
$1,950,000
Pending

COMMERCIAL - Stuart, FL

Lot Size2.38 Acres
Days on Market111

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
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

Utilities

Utilities
Cable Available
Sewer type
Septic Tank
Water source
Public
Listing agency Dalton Wade Inc
Listed by Shelley Marko · License #674837
Added: Apr 2 Updated: Jun 7 at 1:10AM Checked: Jul 21 at 7:06PM
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 Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon Spa & Massage Center HVAC Service Nail Salon Grocery & Convenience Store Grocery & Convenience Store

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

FAQs

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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message