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    11400 Federal Hwy Hobe Sound, FL 33455

    Sponsored
    For Sale
    Contact for pricing

    High-traffic location, excellent visibility.

    Property size:
    3,138 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,138 square foot retail property, located at 11400 SE Federal Hwy in Hobe Sound, Florida, presents a unique owner/user opportunity. The single-story building, constructed in 1990, sits on a 2-acre lot within the Hobe Sound Redevelopment District - Corridor zoning. Its former use as a bank provides a solid foundation for a variety of commercial ventures. The property boasts excellent visibility and accessibility, with frontage on the heavily trafficked SE Federal Highway, offering convenient access from both northbound and southbound lanes. The building's single-story design and ample lot size offer significant potential for expansion or redevelopment. The property's location in Martin County, Florida, zip code 33455, provides easy access to local amenities and a thriving community. This is an ideal opportunity for businesses seeking a high-profile location with significant potential for growth and success. The property is ready for its next chapter, offering a blank canvas for a discerning buyer. This is a rare opportunity to acquire a well-situated commercial property in a desirable location.

    Property Features for 11400 Federal Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,138 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    BB&T Insurance Services Insurance Agency ATM (BB&T) Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hobe Sound
    County
    Martin
    State
    Florida
    Longitude
    -80.1398635
    Latitude
    27.0649136

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, excellent visibility.
    Where is this individual retail property located?
    The property is located at 11400 Federal Hwy Hobe Sound, FL.
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    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
    11400 Federal Hwy Hobe Sound, FL 33455
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