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Property profile

0 Dixie Hwy Ocean Breeze, FL 34957

OFF-MARKET
Land
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1.86 ac lot

Property summary

AI-generated overview

This exceptional 1.86-acre site in Jensen Beach, Florida, presents a rare opportunity to acquire a fully approved and platted 10-lot residential subdivision. Located in the CRA - Corridor Subdistrict, this prime property is situated just north of Sewall's Point, a highly affluent area in Martin County known for its high-end residential properties. The land is priced at $2,499,000, translating to $32.95 per square foot. The project's proximity to the Langford Landing development, where homes sell for an average of $1.5 million to $3 million, underscores its significant potential. Residents will enjoy easy access to public parks, beaches, and the Indian River, while also being conveniently close to downtown Jensen Beach and the City of Stuart. This turnkey project offers immediate development potential for building single-family homes, capitalizing on the strong demand for luxury residential properties in this desirable location. The address is 0 NE Dixie Hwy, Jensen Beach, FL 34957. This is a truly unique opportunity to invest in a ready-to-build residential subdivision in a highly sought-after area of Martin County.

Property profile

Verified
Property type Land
Lot 1.86 ac (81,022 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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