12360 Dixie Hwy Hobe Sound, FL 33455-5606
Property summary
This exceptional 1.03-acre parcel presents a unique development opportunity in the heart of Hobe Sound, Florida. Located within the Hobe Sound Redevelopment Zoning District, this property offers significant potential for various uses. A conceptual plan suggests the possibility of developing eight single-family residential building lots, aligning with the area's residential character. However, the zoning also permits a range of other possibilities, including mixed-use developments, multi-family residences (up to 10 units per acre), restaurants, or even a work-live concept, providing considerable flexibility for the discerning investor. All utilities are readily available, and the property benefits from convenient on-street parking and access via a paved road. Situated in the central downtown business district, this location offers excellent visibility and proximity to local amenities. The property currently includes an existing 800-square-foot office building with associated parking, providing immediate income potential or space for development planning. The property's address is 12360 SE Dixie Hwy, Hobe Sound, FL 33455, with the APN 26-39-42-001-001-00440-0. This rare opportunity is priced at $3,699,000 and offers a compelling investment prospect for those seeking to capitalize on the growth and desirability of Hobe Sound. The Martin County location provides easy access to local attractions and the vibrant Florida lifestyle.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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