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Kanner Hwy Stuart, FL 34997

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For Sale
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28-Unit Development Opportunity in Florida

Property Features for 0 Kanner Hwy

General Information

Property type
Multifamily properties
Lot Size
59,242 SF

Building Details

Units
28

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Listing Contact
Nikolaus Schroth
Nikolaus Schroth

Listing Agency: NAI Southcoast Stuart Listing Agent: Nikolaus Schroth

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

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Overview

This exceptional 1.36-acre site, located on S Kanner Highway in Stuart, Florida (APN: 09-38-41-021-000-00020-0), presents a rare chance to develop a 28-unit apartment building. Zoned RPUD, this fully entitled property boasts an approved site plan and includes an access agreement for convenient entry. The site's high-density residential zoning allows for efficient development. Situated just five minutes from downtown Stuart and Palm City, the location offers residents proximity to numerous amenities, highly-rated Martin County schools, and the Cleveland Clinic. Excellent access to I-95 and Florida's Turnpike via Kanner Highway ensures convenient commuting. Priced at $1,500,000 ($53,571 per unit), this opportunity is ideal for investors seeking a high-return multifamily development project in a thriving Florida market. The future land use designation includes Office Residential. This is one of the few remaining residential development sites in Stuart, making this a truly unique investment.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Stuart
County
Martin
State
Florida
Longitude
-80.2460309
Latitude
27.1437473

FAQs

What type of property is this?
Multifamily property - 28-Unit Development Opportunity in Florida
Where is this multifamily property located?
The property is located at Kanner Hwy Stuart, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Mixed-Use Zoning: Allows for both office and residential development.; Prime Location: Excellent accessibility and visibility.; High-Density Potential: Supports significant building density.
(772) 286-6292 Call to check price and availability
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