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Property profile & analytics
OFF-MARKET
Land

0 Parkside Dr Palm City, FL 34990

20.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20.5 ac (892,980 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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