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1919 SE Cove Rd - 5.34 AC DEVELOPMENT OPPORTUNITY

5.34 Acres of Commercial Land Offered at $2,149,000 in Stuart, FL 34997

Investment Highlights

  • 5.34 acres of premium redevelopment real estate.
  • Ideal for either residential development or a nursery
  • Current tenant pays $5,000 per month
  • Remarkable frontage and dual entry points
  • 3.6 miles from Kanner Hwy and less than 4 miles from I95

Executive Summary

Fantastic chance to acquire 5.34 acres of premium redevelopment real estate.
Situated at the intersection of Cove Rd and Ault Ave, this property boasts remarkable frontage and dual entry points.
Ideal for either residential development or a nursery, it is conveniently located just 3.6 miles from Kanner Hwy and less than 4 miles from I95.
The neighboring properties feature a comparable style, further enhancing the appeal of this parcel.
Current tenant pays $5,000 per month.

Property Facts

Price $2,149,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 5.34 AC

1 Lot Available

Lot

Price $2,149,000
Price Per AC $402,434
Lot Size 5.34 AC

Fantastic chance to acquire 5.34 acres of premium redevelopment real estate. Situated at the intersection of Cove Rd and Ault Ave, this property boasts remarkable frontage and dual entry points. Ideal for either residential development or a nursery

zoning

Zoning Code RE-2A (Two-Family Residential District)
RE-2A (Two-Family Residential District)
  • Listing ID: 31807736

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 1919 SE Cove Rd, Stuart, FL 34997

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