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SE Federal Highway - Vacant Land Opportunity in a GREAT location 0.69 Acres of Commercial Land Offered at $680,000 in Hobe Sound, FL 33455
Investment Highlights
- Subject Property - PCN: 34-38-42-021-000-00071-0. 0.69± acre development parcel.
- Excellent visibility and access along a major commercial corridor. Zoned for 7 Townhouses
- Possible Owner Financing, offered for sale at $680,000
- Can be combined with the adjacent property to the north (under separate ownership) to create a total of approximately 1.38± acres
- Approximately 100± feet of direct frontage on SE Federal Highway.
- Uses Include office, retail, restaurant (excluding drive-thru), multi-family, apartments, hotel/motel, daycare, and more.
Executive Summary
The adjacent vacant lot to the north (PCN: 34-38-42-021-000-00070-1)may also be available for purchase, creating a combined assemblage with approximately 200± feet of direct frontage on Federal Highway and totaling approximately 1.38± acres.
Property Facts
| Price | $680,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.69 AC |
| Property Type | Land | ||
| Zoning | R3A - Liberal Multifamily | ||
| Price | $680,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.69 AC |
| Zoning | R3A - Liberal Multifamily |
1 Lot Available
Lot 7
| Price | $680,000 | Lot Size | 0.69 AC |
| Price Per AC | $985,507.25 |
| Price | $680,000 |
| Price Per AC | $985,507.25 |
| Lot Size | 0.69 AC |
0.69± acres parcel with 100± feet of direct frontage on SE Federal Highway in Hobe Sound. PCN: 34-38-42-021-000-00071-0.
Description
Offered at $680,000, this 0.69± acre development parcel presents an outstanding opportunity to acquire highly visible commercial land along SE Federal Highway in Hobe Sound, Florida. Featuring approximately 100± feet of direct frontage on one of the area's primary transportation corridors, the property offers excellent exposure and accessibility for a variety of commercial and residential development concepts. The parcel benefits from flexible land use regulations that permit a wide range of uses, including office, retail, restaurant (excluding drive-thru), multifamily residential, apartments, hotel/motel, daycare facilities, and other compatible commercial uses. The current zoning also permits the development of up to seven townhomes, creating an attractive opportunity for residential developers seeking infill development sites within a growing coastal market. Additional upside exists through the potential acquisition of the adjacent parcel to the north (PCN: 34-38-42-021-000-00070-1), which may be available for purchase. Together, the two properties would create a larger assemblage totaling approximately 1.38± acres with approximately 200± feet of frontage along SE Federal Highway. Possible owner financing may be available for qualified buyers.
Property Taxes
| Parcel Number | 34-38-42-021-000-00071-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $133,612 |
Property Taxes
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SE Federal Highway - Vacant Land Opportunity in a GREAT location
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