705 Se Tarpon Avenue, Stuart, FL 34994

$1,790,000

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List Price
$1,790,000
Price Change
▼ $10,000 1782630412
MLS#
B26001901
Status
ACTIVE
Type
Land

Property Description

Prime 1-acre development opportunity in the rapidly revitalizing East Stuart corridor near downtown Stuart. Zoned BMU (Business Mixed Use) allowing a variety of potential uses including multifamily residential, mixed-use residential over retail, professional or medical offices, restaurants, cafés, retail shops, and personal service businesses, as well as live-work concepts. Significant redevelopment is currently underway directly across the street by the City of Stuart. Recent nearby sales, including 701 SE Tarpon Ave which sold for $1.9M, highlight the strong demand and investment momentum along Tarpon Avenue. Conveniently located minutes from downtown Stuart, the St. Lucie River, shopping, dining, and major roadways. Rare opportunity for developers or investors seeking flexible zoning. Approximately 1-acre parcel located in the East Stuart area near downtown Stuart. The property is conveniently positioned near the St. Lucie River, local shopping, dining, and major transportation routes. The surrounding neighborhood is experiencing ongoing revitalization, including a significant redevelopment project currently underway directly across the street by the City of Stuart. Recent nearby sales along SE Tarpon Avenue, including 701 SE Tarpon Ave which sold for $1.9M, demonstrate the continued investment and demand in the area. Property offers potential for residential or multifamily redevelopment depending on buyer's intended use. Buyers are encouraged to verify zoning, density, utilities, and development potential with the appropriate authorities.

Additional Information

Days on Market
138
Tax Amount
$2,296
Parcel Number
043841017008002106
Front Exposure
South
Lot Size
43,560
Directions
US 1 to E. on Monterey Rd. over RR track and left at fork to palm Beach Rd. Go left on Martin Luther King, left on Tarpon
Address
705 Se Tarpon Avenue, Stuart
Development Name
Ruff's Little Dixie
Development
Ruff's Little Dixie

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Listing Courtesy of Palm Beach Property Buyers LLC, Contact: