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    US Hwy 1 and Washington Street, Hobe Sound, FL 33455 Hobe Sound, FL 33455

    • Commercial land
    For Sale
    View listing
    $1,195,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for US Hwy 1 and Washington Street, Hobe Sound, FL 33455

    Property type
    Commercial land
    Property subtype
    Land

    Description

    One of the last small sites remaining on US Highway 1 in all of Martin County. Located within the CRA as well as an Opportunity Zone. Offerings consists of three lots and owner will consider sub-dividing. Sewer and water to site . Deceleration lane in place. Corner site with almost 400 ft of frontage on US Highway 1.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hobe Sound
    County
    State
    Florida
    Longitude
    -80.1364323
    Latitude
    27.059498

    Comparable in this City

    • Value Estimation by Request
      6.67 Acres

      Federal Hwy

      Land • 93,184 SF
      0 Federal Hwy, Hobe Sound, FL 33455
      View Details
    • Value Estimation by Request
      240.00 Acres

      4200 Bridge Rd

      Farms • 240.00 Acres
      4200 Bridge Rd, Hobe Sound, FL 33455
      View Details
    • Value Estimation by Request
      3.57 Acres

      Constitution Blvd

      Land • 3.57 Acres
      0 Constitution Blvd, Hobe Sound, FL 33455
      View Details
    • Value Estimation by Request

      8484 Date St

      Land
      8484 Date St, Hobe Sound, FL 33455
      View Details
    • Value Estimation by Request
      0.68 Acres

      Federal Hwy

      Land • 0.68 Acres
      0 Federal Hwy, Hobe Sound, FL 33455
      View Details
    • Value Estimation by Request
      0.18 Acres

      Dixie Hwy

      Land • 0.18 Acres
      0 Dixie Hwy, Hobe Sound, FL 33455
      View Details

    Similar Nearby for Sale

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      Prime Hobe Sound Commercial Land

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      Hobe Sound Residential Land Parcel

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    Similar Nearby for Lease

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      Hobe Sound Retail Pad Site

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      Retail space available in well-established neighborhood shopping center.
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      Martin Landings Plaza Retail Space

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      Retail building with offices, community room, and coffee shop.
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    Hobe Sound, FL 33455
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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