Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Dixie Hwy Hobe Sound, FL 33455

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime 0.18-acre lot, Dixie Hwy location.

    Property Features for 0 Dixie Hwy

    General Information

    Property type
    Land
    Lot Size
    7,841 SF

    We can help!

    Listing Contact
    Chris Belland
    Chris Belland

    Listing Agency: Jeremiah Baron & Co. Commercial Real Estate LLC Listing Agent: Chris Belland

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

    Learn more

    Overview

    This exceptional 0.18-acre vacant residential land parcel presents a unique development opportunity in the desirable Hobe Sound Redevelopment District of Martin County, Florida. Located on SE Dixie Highway, this property boasts convenient access to US1, situated less than half a mile away, offering easy commutes and proximity to local amenities. The area is characterized by a mix of residential properties and established national and local retailers, ensuring a vibrant and thriving community. The property's zoning, Hobe Sound Redevelopment District, allows for a variety of development options, making it an attractive investment for builders and developers seeking to capitalize on the area's growth potential. The parcel's address is on SE Dixie Hwy, Stuart, FL 33455, with the APN 34-38-42-032-000-00050-2. The property consists of two combined parcels totaling 0.18 acres, providing ample space for a variety of residential projects. Its strategic location near area marinas adds to its appeal, offering potential residents easy access to waterfront activities. This is a rare opportunity to acquire a well-positioned residential lot in a sought-after location, presenting significant potential for future development and return on investment. Don't miss this chance to secure a piece of Hobe Sound's promising real estate market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hobe Sound
    County
    Martin
    State
    Florida
    Longitude
    -80.146891
    Latitude
    27.092793

    Nearby Similar for Sale

    • $859,000

      Hobe Sound Single Family Home

      Single family detached home in Hobe Sound, Florida.
      9156 SE Mars St, Hobe Sound, FL 33455
      View Details
    • Contact for pricing
      5,795 SF

      Hobe Sound Retail/Office Space

      Prime retail or office space in Hobe Sound, Florida.
      11181 SE Federal Hwy, Hobe Sound, FL 33455
      View Details
    • $640,000
      1,704 SF

      Luxury Man Cave/Car Storage

      Meticulously designed space for car enthusiasts, entrepreneurs, or personal retreat.
      11720 SE Shell Ave, Hobe Sound, FL 33455
      View Details
    • $7,000,000
      29,624 SF

      Mixed-Use Development Opportunity

      Mixed-use development near downtown, completion late 2025.
      12230 SE Dixie Hwy, Hobe Sound, FL 33455
      View Details
    • Contact for pricing
      9,002 SF

      Dollar General NNN Investment Opportunity

      NNN Dollar General with 9 years remaining on initial lease.
      8300 SE Constitution Blvd, Hobe Sound, FL 33455
      View Details
    • Contact for pricing
      11,200 SF

      Luxury Executive Office in Hobe

      Luxury executive office building with covered parking and patio.
      11700 SE Shell Ave, Hobe Sound, FL 33455
      View Details
    • $4,750,000
      11,200 SF

      Hobe Sound Office Building For Sale

      Modern, 11,200 SF office, vacant, luxury finishes.
      11700 Shell Ave, Hobe Sound, FL 33455
      View Details
    • $449,000
      16,400 SF

      Hobe Sound Industrial Condo Unit 4

      Prime Hobe Sound commercial condo, 16,400 sq ft.
      0 Edwyn Ct, Hobe Sound, FL 33455
      View Details
    • Contact for pricing
      3,138 SF

      Prime Hobe Sound Bank Building

      High-traffic location, excellent visibility.
      11400 Federal Hwy, Hobe Sound, FL 33455
      View Details

    FAQs

    What type of property is this?
    Land - Prime 0.18-acre lot, Dixie Hwy location.
    Where is this land located?
    The property is located at Dixie Hwy Hobe Sound, FL.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: $199,999 asking price.; 0.18-acre residential land parcel.; Located in the Hobe Sound Redevelopment District, Martin County, FL.
    (561) 277-6613 Call to check price and availability
    Request Owner's contact information
    Dixie Hwy Hobe Sound, FL 33455
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Dixie Hwy
    Hobe Sound, FL 33455
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Dixie Hwy Hobe Sound, FL 33455
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chris Belland
    Chris Belland
    Real Estate License ID: 3345950
    (561) 277-6613 (772) 418-4506
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!