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    Edwyn Ct Hobe Sound, FL 33455

    For Sale
    $449,000

    Prime Hobe Sound commercial condo, 16,400 sq ft.

    Property size:
    16,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial condominium unit, identified as Olympia Plaza Unit 4, presents a unique investment opportunity in the thriving Hobe Sound market. Located on Edwyn Ct, Hobe Sound, FL 33455, this property boasts a total of 16,400 square feet and is zoned CRA Center. The unit is ideally suited for distribution, manufacturing, or warehouse uses. Included in the sale is an additional 0.10-acre vacant parcel. The property already has entitlements to construct a 3,882 square foot building designed for wholesale trades and services, complete with 10 parking spaces. Utilities are readily available on-site, and the land is already filled to grade, saving significant development time and costs. Prepaid water and sewer Environmental Resource Credits (ERCs) cover three ERCs. This is one of the last remaining commercial lots available in Hobe Sound, offering unparalleled access to the high-activity retail growth along US1. The property's APN is 343842441000000400. The asking price for this turnkey opportunity is $449,000.

    Property Features for 0 Edwyn Ct

    General Information

    Property type
    Self storage facilities
    Square Feet
    16,400 SF

    HighLights

    • $449,000 asking price.
    • 16,400 square foot industrial property with 3,882 square feet of air rights.
    • Located in Hobe Sound, Florida, zoned CRA Center.
    • Includes a 0.10‑acre vacant parcel.
    • Utilities are available and the site is graded.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Hobe Sound
    County
    Martin
    State
    Florida
    Longitude
    -80.135762633414
    Latitude
    27.063238929422

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    FAQs

    What type of property is this?
    Self storage facility - Prime Hobe Sound commercial condo, 16,400 sq ft.
    Where is this self storage facility located?
    The property is located at Edwyn Ct Hobe Sound, FL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: $449,000 asking price.; 16,400 square foot industrial property with 3,882 square feet of air rights.; Located in Hobe Sound, Florida, zoned CRA Center.
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    Edwyn Ct Hobe Sound, FL 33455
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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
    Edwyn Ct Hobe Sound, FL 33455
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