0 Federal HwyHobe Sound, FL 33455

Property Details for 0 Federal Hwy

Lot size

0.68 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional .68-acre commercial land parcel in Hobe Sound, Florida, presents a compelling investment opportunity. Located at 0 SE Federal Hwy, Martin County, with APN 34-38-42-021-000-00070-1, this property is zoned R-3A, allowing for liberal multifamily development. The asking price is $700,000. Its strategic location boasts an average daily traffic count of 37,500 vehicles, indicating high visibility and accessibility. Surrounding the property are numerous new developments, with over 400 units approved within a two-mile radius, suggesting a robust and growing market. Further enhancing its appeal, a three-story self-storage facility is currently under construction directly across the street. The average household income within a three-mile radius is $105,000, indicating a strong consumer base. This property's combination of favorable zoning, high traffic volume, and proximity to thriving developments makes it an ideal platform for various commercial ventures. The 0.68-acre lot size provides ample space for development, and its location in Hobe Sound, Florida, offers access to a desirable and growing community. This is a rare opportunity to acquire a prime commercial property in a rapidly developing area. The zip code is 33455.

Location Insight

City

Hobe Sound

County

Martin

State

Florida

Latitude

27.0566

Longitude

-80.1355

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