11810 Dixie Hwy Hobe Sound, FL 33455-5423
- Investment properties
- 5,220 SF
- 0.17 lot acres
Current Use by Public Records
- Chandler Wealth Management / Financial Planner
Property Details for 11810 Dixie Hwy
- Year built
- 2020
- Lot size
- 0.17 lot acres
- Property size
- 5,220 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 34-38-42-029-019-03810-2
- APU
- 343842029019038102
Description
This exceptional 5,220 square foot retail building, constructed in 2020, presents a unique investment opportunity in Hobe Sound, Florida. Situated on a 0.17-acre lot (APN 34-38-42-029-019-03810-2) and zoned for Hobe Sound Redevelopment, the property features a two-story structure with ample parking. The building offers a versatile layout ideal for multiple tenants, including a built-out coffee shop complete with a grease trap. Three private executive offices with a separate entrance provide additional income potential. A significant amenity is the inclusion of a 1,200 square foot community room and a shared conference room, enhancing the property's appeal to a wide range of businesses. A spacious covered back patio/porch adds outdoor space. The property's location benefits from proximity to national and local retailers, ensuring high visibility and foot traffic. This is a rare opportunity to acquire a modern, well-appointed retail building in a thriving Florida community. The address is 11810 SE Dixie Hwy, Hobe Sound, FL 33455.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,110,000
- 6.5%
- $2,170,000
- 7%
- $2,035,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,465,000
- Geo Method
- $2,280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,740,000
- Retail
- $1,690,000
- Mixed-Use
- $1,955,000
- Hospitality
- $1,840,000
- Educational
- $1,725,000
- Residential Income
- $1,755,000
- Energy
- $1,975,000
- Income-Based Land
- $2,010,000
- Food Service
- $1,920,000
Location Insight
- Map
- Local Demand
- City
- Hobe Sound
- County
- Martin
- State
- Florida
- Longitude
- -80.1296
- Latitude
- 27.06
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA