0 Washington Ave Hobe Sound, FL 33455
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.