1183 31st St Palm City, FL 34990-2949
This exceptional 0.792-acre parcel, located at 1183 SW 31st St, Palm City, FL 34990 (APN 17-38-41-001-034-00100-5), presents a unique mixed-use development opportunity. Zoned for General Commercial use, this strategically positioned lot sits at the corner of SW Mapp Road and 31st Street, offering convenient access to I-95 and Florida's Turnpike. Its proximity to the newly renovated Mapp Road Town Center, part of the Old Palm City community redevelopment plan, adds significant value. The property is ideal for retail, office, and residential development, providing a great owner-user opportunity. All applicable Equivalent Residential Connection (ERC) fees have been paid, streamlining the development process. This prime location and versatile zoning make this a highly attractive investment, priced at $720,000. The property's location between SW Martin Downs Blvd. and SW Martin Hwy ensures excellent visibility and accessibility. Don't miss this chance to acquire a highly desirable parcel in a thriving Florida community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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.