0 Cove Rd Stuart, FL 34997

This exceptional 16.2-acre commercial land parcel presents a compelling investment opportunity in Stuart, Florida. Situated at the highly visible, signalized intersection of Cove Road and Willoughby Boulevard in Martin County, this property enjoys a prime location just one block from the Cleveland Clinic. The land is zoned for Limited Commercial (Cor-2) with a Future Land Use designation of Commercial/Office/Residential, offering flexibility for a variety of development projects. Water and sewer utilities are readily available through Martin County Utilities. Ideal for a medical office campus or subdivision, this site allows for low-intensity commercial uses. The asking price of $5,000,000 reflects a significant discount to facilitate a swift sale, with terms requiring a due diligence and closing period not exceeding 150 days total. This strategic location, combined with the favorable zoning and discounted price, makes this a rare opportunity for significant return on investment. The property's address is the northeast corner of Cove Road and Willoughby Boulevard, Stuart, FL 34997.