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Property profile & analytics
OFF-MARKET
Commercial real estate

924 Palm City Rd Stuart, FL 34994

0.92 ac lot
Property ID
US18-2697196
Property summary
AI-generated overview

This exceptional 0.92-acre site in Stuart, Florida, presents a fully approved 13-unit townhome development opportunity. Zoned R-3, this land is ready for immediate permit pull, offering significant potential for investors. The compact layout ensures efficient development, maximizing return on investment. The fee-simple units can be sold or rented, providing flexibility for future income streams. Conveniently located two blocks south of US Highway 1, near the Downtown Publix shopping center, and minutes from I-95 and the Florida Turnpike, this property benefits from excellent access to major roadways and the vibrant downtown Stuart area, with its employment opportunities and attractions. Construction-level plans are available for due diligence. The property's address is 924 SW Palm City Rd, Stuart, FL 34994, APN: 05-38-41-024-000-00020-0, 05-38-41-009-002-00010-8, in Martin County. This is a rare opportunity to capitalize on the strong demand for residential properties in this desirable location. The asking price is $1,295,000.

Property profile
Verified
Property type Commercial real estate
Lot 0.92 ac (40,075 SF)
APN 05-38-41-024-000-00020-0, 05-38-41-009-002-00010-8
UPID US18-2697196
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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