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    Parkside Dr Palm City, FL 34990

    Sponsored
    For Sale
    $2,000,000

    20.5 Acres, Prime Location, $2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20.5-acre parcel presents a remarkable opportunity for residential development in the desirable Palm City, Florida area. Zoned PUD-R, the land offers significant potential for creating a thriving community. The property, identified by APN 07-38-41-000-000-00150-7, is strategically located on SW Parkside Dr, in Martin County, FL 34990. Its prime location is surrounded by a mix of established residential properties, recreational parks, and a marina with convenient access to the St. Lucie River. The property's proximity to Stuart via a nearby bridge and its less-than-three-mile distance to the Florida's Turnpike access ramp enhance its accessibility and desirability. Nearby development activity underscores the area's growth potential, with recent projects including a 24-lot single-family development to the north and a 28-lot single-family development and a commercial building to the south of SW Martin Downs Blvd. This presents a compelling investment opportunity for developers seeking to capitalize on the strong demand for residential housing in this sought-after location. The asking price for this exceptional property is $2,000,000.

    Property Features for 0 Parkside Dr

    General Information

    Property type
    Land
    Lot Size
    892,980 SF

    HighLights

    • Excellent residential development opportunity in desirable Palm City, FL.
    • Prime location near residences, parks, and a marina with St. Lucie River access.
    • Convenient access to Stuart via a nearby bridge and less than 3 miles from the Florida Turnpike.
    • Surrounding area shows strong development activity, including nearby single‑family and commercial projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm City
    County
    Martin
    State
    Florida
    Longitude
    -80.26936169
    Latitude
    27.17680116

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    FAQs

    What type of property is this?
    Land - 20.5 Acres, Prime Location, $2M
    Where is this land located?
    The property is located at Parkside Dr Palm City, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Excellent residential development opportunity in desirable Palm City, FL.; Prime location near residences, parks, and a marina with St. Lucie River access.; Convenient access to Stuart via a nearby bridge and less than 3 miles from the Florida Turnpike.
    (772) 215-1167
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    Parkside Dr Palm City, FL 34990
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    Palm City, FL 34990
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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
    Parkside Dr Palm City, FL 34990
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