Coastal Luxury Living Opportunity Near Hobe Sound Beach
Updated: July 10
MLS#A12033017
About the Property
Unique Property. Located on Dixie Highway south of Bridge Road. This site is one mile from our beautiful Hobe Sound Beach. Downtown is one half mile away. The property surrounding the parcel is now owned by the County of Martin which makes this parcel particularly appealing for a high-end multi-family development of between thirteen and fourteen units. Land Use calls for fifteen units to the acre.
Unique Property. Located on Dixie Highway south of Bridge Road. This site is one mile from our beautiful Hobe Sound Beach. Downtown is one half mile away. The property surrounding the parcel is now owned by the County of Martin which makes this parcel particularly appealing for a high-end multi-family development of between thirteen and fourteen units. Land Use calls for fifteen units to the acre. Infrastructure is very nearly finished! New road, nineteen on-street parking spaces, sidewalks in, lift station at southeast corner, fire hydrants in place. This equates to approximately thirty percent plus of development costs! Give a call and see if this opportunity works for you! SPECIAL BONUS: Existing building now generates four thousand five hundred dollars per month rental income.
Illustrated Properties is an established, independent real estate brokerage firm. Recognized as a leader in pref
Illustrated Properties is an established, independent real estate brokerage firm. Recognized as a leader in preferred properties in South Florida since 1975, our firm generates over 2 billion dollars in sales annually in addition to being an exclusive affiliate of The Leading Real Estate Companies of the World, the premier real estate network. We are also a broker in Luxury Portfolio International.
Our years of commitment to South Florida has provided us with invaluable experience, enabling us to help some the world’s most discriminating families in their real estate needs. We have the ability to offer a full range of sales, leasing and relocation services, for clients seeking to buy or sell quality homes and home sites, as well as those with Commercial, Investment Real Estate and Business Brokerage needs.
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Last updated
July 10
First listed
Jul 3
Listing reference
87ea8698-654d-11f1-901e-6045bdd61ac4
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