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Investment Highlights

  • Residential infill development opportunity of up to 64 units
  • Convenient access to shopping, schools, and community services
  • Ideal opportunity for residential builders, developers, and long-term land investors
  • Flexible zoning allowing single-family homes and ADUs
  • Established residential neighborhood with limited remaining developable land

Executive Summary

Presenting a rare opportunity to acquire approximately 7.9 acres of vacant land within an established residential neighborhood in Hobe Sound, just minutes from US-1. Located within the Hobe Sound Redevelopment District and the Multifamily Subdistrict, the property offers a flexible development framework that permits single-family residences, accessory dwelling units, and other compatible residential uses, subject to municipal approvals.
Surrounded by an existing mix of duplexes and residential housing, the site presents excellent potential for developers seeking to expand the area's housing inventory with residential or multifamily-oriented projects. As demand for attainable housing continues throughout Martin County, this infill parcel offers the opportunity to create a development that complements the established neighborhood while benefiting from the area's continued growth.
Residents would enjoy convenient access to US-1, neighborhood retail and services, schools, and recreational amenities, while Bridge Road provides a direct connection to Jupiter Island's beaches, waterfront parks, and outdoor attractions. With a limited supply of entitled residential land remaining in Hobe Sound, this property represents desirable investment for developers, homebuilders, and land investors.

Property Facts

Price $4,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Single Family Development
Total Lot Size 7.90 AC
Zoning Hobe Sound Redevelopment - Multifamily Subdistrict

1 Lot Available

Lot

Price $4,000,000
Price Per AC $506,329.11
Lot Size 7.90 AC

Primarily raw land with a single-family structure subject to removal.

Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
34-38-42-000-270-00010-8
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$155,555
  • Listing ID: 41300169

  • Date on Market: 7/15/2026

  • Last Updated:

  • Address: 11362 SE Gold Ave, Hobe Sound, FL 33455

Contact the Sale Advisor

11362 SE Gold Ave - 7.9-AC Residential Development Site

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