For Sale
$3,699,000

12360 Dixie HwyHobe Sound, FL 33455

1.03 Acres, 8 Lot Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.03-acre parcel presents a unique development opportunity in the heart of Hobe Sound, Florida. Located within the Hobe Sound Redevelopment Zoning District, this property offers significant potential for various uses. A conceptual plan suggests the possibility of developing eight single-family residential building lots, aligning with the area's residential character. However, the zoning also permits a range of other possibilities, including mixed-use developments, multi-family residences (up to 10 units per acre), restaurants, or even a work-live concept, providing considerable flexibility for the discerning investor. All utilities are readily available, and the property benefits from convenient on-street parking and access via a paved road. Situated in the central downtown business district, this location offers excellent visibility and proximity to local amenities. The property currently includes an existing 800-square-foot office building with associated parking, providing immediate income potential or space for development planning. The property's address is 12360 SE Dixie Hwy, Hobe Sound, FL 33455, with the APN 26-39-42-001-001-00440-0. This rare opportunity is priced at $3,699,000 and offers a compelling investment prospect for those seeking to capitalize on the growth and desirability of Hobe Sound. The Martin County location provides easy access to local attractions and the vibrant Florida lifestyle.

Highlights

  • $3,699,000 asking price.
  • 1.03-acre residential land parcel.
  • Located in Hobe Sound, FL, Martin County (APN: 26-39-42-001-001-00440-0).
  • Hobe Sound Redevelopment Zoning District allows for various uses including up to 8 single-family homes, multi-family (10 units/acre), mixed-use, restaurant, or live-work.
  • Includes an existing 800 sq ft office building with parking.

Property Details for 12360 Dixie Hwy

Property type
Land
Lot Size (sq. ft)
44,867 SF

Location Insight

City
Hobe Sound
County
Martin
State
Florida
Latitude
27.0533577
Longitude
-80.1234739
12360 Dixie Hwy, Hobe Sound, Florida

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12360 Dixie Hwy
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