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Vacant Land with Approved Triplex Plans
For Sale
$1,390,000

506 SW Camden Ave, Stuart, FL 34994

Vacant lot in downtown Stuart with city-approved plans to build a three-unit triplex.

Property SizeContact for details
Days on Market60

Property Features for 506 SW Camden Ave

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,212
Listing Agency: Waterfront Properties & Club C
Listed By: Natasha Biggie · License #547076
Source: Elliman
Added: Jun 12 Changed: Aug 8 Last Checked: Jul 16 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Waterfront Properties & Club C

Investment Insights

Based on property information with market context.

This property is a vacant land parcel offered for sale with city-approved plans for a luxury triplex. The approved concept contemplates three upscale units on one site, providing a straightforward starting point for development without pursuing approvals from scratch.

The lot is positioned in Downtown Stuart, with stated proximity to restaurants, shops, waterfront parks, and the areas associated with historic downtown Stuart. WalkScore is listed as 35 (car-dependent) and BikeScore is listed as 39 (somewhat bikeable), which helps frame the practical day-to-day access for residents and visitors.

For developers, the value here is the pre-approved path to a three-unit building plan, which can help reduce early development friction and support a faster build timeline. For buyers evaluating small multifamily development, the site is specifically positioned around the approved triplex design, making it a practical fit for a three-unit residential plan rather than a single-home use.

Key Highlights

  • Vacant lot in Downtown Stuart
  • City‑approved plans included for a luxury triplex with three upscale units
  • Plans allow development to start without the lengthy approval process mentioned in the remarks

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Locksmith Grocery & Convenience Store Florist Butcher Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,053
Businesses Nearby

Demographics for 34994, FL

17,843
Population
10,086
Households
1.8
Avg Household Size
51
Median Age
36%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,663
Density / Sq Mi
$62,895
Median Household Income
$33,547
Median Earnings
$1,558
Median Rent
$248,900
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot in downtown Stuart with city-approved plans to build a three-unit triplex.
Where is this residential land & home lot located?
The property is located at 506 SW Camden Ave Stuart, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Vacant lot in Downtown Stuart; City‑approved plans included for a luxury triplex with three upscale units; Plans allow development to start without the lengthy approval process mentioned in the remarks
More about this property
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