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Property profile

9450 Gomez Ave Hobe Sound, FL 33455

OFF-MARKET
Land
19.44 ac lot
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Property summary

AI-generated overview

This exceptional 19.44-acre site in Hobe Sound, Florida, presents a prime opportunity for luxury residential development. The property, located at 9450 SE Gomez Ave, Martin County, FL 33455 (APN: 34-38-42-000-063-00000-9 | 34-38-42-000-063-00010-7), boasts an approved site plan for 38 single-family homes. Zoned R-B2, this development allows for a diverse range of luxurious residences, with floor plans varying from 2,992 to 4,553 square feet. The approved plans offer several stunning elevation options, catering to a discerning clientele. The location offers a high quality of life, situated near golf courses, pristine beaches, and natural preserves, creating a desirable community for families. The surrounding area is primarily residential, with convenient access to retail amenities. This $18,000,000 offering represents a significant investment opportunity in a thriving Florida market. The approved site plan streamlines the development process, minimizing delays and maximizing return on investment. This is a rare chance to create a prestigious, family-friendly community in a highly sought-after location. The property's size and approved plans provide a solid foundation for a successful and profitable luxury residential development. The combination of location, approved plans, and market demand makes this a compelling investment opportunity.

Property profile

Verified
Property type Land
Lot 19.44 ac (846,894 SF)

Cap rate & NOI

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

Location

9450 Gomez Ave Hobe Sound, FL 33455
Hobe Sound metro
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Value estimations

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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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