For Sale
$5,000,000

0 Cove RdStuart, FL 34997

16.2 Acres, $5M, Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 16.2-acre commercial land parcel presents a compelling investment opportunity in Stuart, Florida. Situated at the highly visible, signalized intersection of Cove Road and Willoughby Boulevard in Martin County, this property enjoys a prime location just one block from the Cleveland Clinic. The land is zoned for Limited Commercial (Cor-2) with a Future Land Use designation of Commercial/Office/Residential, offering flexibility for a variety of development projects. Water and sewer utilities are readily available through Martin County Utilities. Ideal for a medical office campus or subdivision, this site allows for low-intensity commercial uses. The asking price of $5,000,000 reflects a significant discount to facilitate a swift sale, with terms requiring a due diligence and closing period not exceeding 150 days total. This strategic location, combined with the favorable zoning and discounted price, makes this a rare opportunity for significant return on investment. The property's address is the northeast corner of Cove Road and Willoughby Boulevard, Stuart, FL 34997.

Highlights

  • 16.2-acre commercial land parcel in Stuart, FL, at the signalized intersection of Cove Road and Willoughby Boulevard.
  • Prime location one block from Cleveland Clinic.
  • Zoned Limited Commercial (Cor-2) with Commercial/Office/Residential Future Land Use designation.
  • Water and sewer readily available.
  • $5,000,000 asking price with a 150-day closing period.

Property Details for 0 Cove Rd

Property type
Land

Location Insight

City
Stuart
County
Martin
State
Florida
Latitude
27.127760517049
Longitude
-80.222693642307
Cove Rd, Stuart, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Cove Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message