Technical
Financial
Distress signals
Property profile

0 Washington Ave Hobe Sound, FL 33455

OFF-MARKET
Land
1.09 ac lot
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Property summary

AI-generated overview

This exceptional 1.09-acre commercial land parcel presents a rare opportunity in Hobe Sound, Florida. Situated on the highly visible corner of US Highway 1 and Washington Avenue in Martin County (zip code 33455), this property boasts nearly 400 feet of frontage along US-1. The site is zoned LC and benefits from existing infrastructure, including sewer and water connections, and a convenient deceleration lane already in place. This location is strategically positioned within both a Community Redevelopment Area (CRA) and an Opportunity Zone, offering potential investors significant advantages. The property comprises three individual lots, and the seller is open to considering subdividing the land to meet specific buyer needs. This is one of the last remaining small sites available on US Highway 1 in all of Martin County, making it an incredibly rare and desirable investment opportunity. Its high visibility and convenient location make it ideal for a wide range of commercial developments. The latitude and longitude coordinates are 27.07975532531725, -80.14554746453159 respectively. The asking price for this exceptional property is $1,195,000.

Property profile

Verified
Property type Land
Lot 1.09 ac (47,480 SF)

Cap rate & NOI

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

Location

Washington Ave Hobe Sound, FL 33455
Hobe Sound metro
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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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