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Property profile & analytics
OFF-MARKET
Commercial real estate

1919 Cove Rd Stuart, FL 34997

5.34 ac lot
Property ID
US18-5915882
Property summary
AI-generated overview

This exceptional 5.34-acre parcel presents a remarkable redevelopment opportunity in Stuart, Florida. Located at the strategic intersection of Cove Road and Ault Avenue, this property offers significant frontage and convenient dual access points. Zoned RE-2A, it's perfectly suited for residential development or a nursery. Its prime location provides easy access to major transportation arteries, situated just 3.6 miles from Kanner Highway and under 4 miles from I-95. The property's appeal is further enhanced by its proximity to similarly styled neighboring properties. The asking price is $2,149,000. Currently, the property generates a monthly income of $5,000 from an existing tenant. The property's APN is 55-38-41-000-066-00051-0. This is a rare chance to acquire a substantial land holding in a desirable area with excellent potential for future growth and return on investment. The address is 1919 SE Cove Rd, Stuart, FL 34997, in Martin County.

Property profile
Verified
Property type Commercial real estate
Lot 5.34 ac (232,610 SF)
APN 55-38-41-000-066-00051-0
UPID US18-5915882
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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