1500 SE Cove Road Stuart, FL
MULTI_FAMILY - Stuart, FL
Property size:
957 SFLot size:
2.38 AcresPrice / SF:
$2,037/SF- Added:
- Apr 2, 2026
- Days on Market:
- 36
- Last Refresh:
- May 7 at 6:06 am
Property Features for 1500 SE Cove Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTIFAM
- Parking
- 10
- Standard status
- Active
- APN
- 343841001000000805
- Size
- 957 SF
- 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
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Frame
Listing agent Shelley Marko License #674837 (772) 359-5302
Listing office Dalton Wade Inc 260 1st Ave S Suite 200, St. Petersburg, FL (888) 668-8283
Listing date Apr 2, 2026
MLS# B26010503
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.
HighLights
- Multi‑family rezoning complete, allowing for up to 8 structures.
- Survey in hand dividing property into 4 half‑acre parcels.
- Electric and public water already on site.
- Easy access via Grace Lane and separate driveway for each proposed lot.
- Existing 6 ft white cement wall (approx. 620 ft long) along Grace Lane.
- Convenient location ready to build on with existing teardown houses.
Overview
Multi-Family Development Opportunity, Stuart, FL
This 2.38-acre property in Stuart, FL, presents a multi-family development opportunity. The site has been rezoned for multi-family use. There are currently 3 houses on the property, considered teardowns, making the site ready for new construction. Electric and public water are already available on site. An access road off Cove Rd on Grace Lane provides easy access, with a separate driveway for each of the 4 proposed 1/2-acre lots based on the current survey. The owner had the property rezoned multi-family through Martin County, dividing it into 4 half-acre parcels, each allowing 2 houses (one half the size of the primary), for a total of 8 structures. Buyers and their brokers are advised to conduct due diligence for their intended use of the property. The long side of the property, approximately 620 feet parallel with Grace Lane, features a 6 ft white cement wall. Note that the site plan for the 6 buildings is conceptual only and has not been cleared by the county.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2342737
- Latitude
- 27.1223188
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - 2.38-acre multi-family development site with utilities in Stuart, FL.
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 complete, allowing for up to 8 structures.; Survey in hand dividing property into 4 half‑acre parcels.; Electric and public water already on site.
