0 Parkside Dr Palm City, FL 34990
This exceptional 20.5-acre parcel presents a remarkable opportunity for residential development in the desirable Palm City, Florida area. Zoned PUD-R, the land offers significant potential for creating a thriving community. The property, identified by APN 07-38-41-000-000-00150-7, is strategically located on SW Parkside Dr, in Martin County, FL 34990. Its prime location is surrounded by a mix of established residential properties, recreational parks, and a marina with convenient access to the St. Lucie River. The property's proximity to Stuart via a nearby bridge and its less-than-three-mile distance to the Florida's Turnpike access ramp enhance its accessibility and desirability. Nearby development activity underscores the area's growth potential, with recent projects including a 24-lot single-family development to the north and a 28-lot single-family development and a commercial building to the south of SW Martin Downs Blvd. This presents a compelling investment opportunity for developers seeking to capitalize on the strong demand for residential housing in this sought-after location. The asking price for this exceptional property is $2,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.