S Kanner Highway, Stuart, FL 34994

$1,895,000

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List Price
$1,895,000
Price Change
▼ $1,605,000 1790386870
MLS#
R11157240
Status
ACTIVE
Type
Commercial

Property Description

Exceptional 2.60± acre waterfront development opportunity on the South Fork of the St. Lucie River with prominent S. Kanner Highway frontage. This WRC-zoned property offers a rare combination of waterfront access and extensive prior development work already completed. Available due diligence includes a PAMP associated with the former Pelican Bay project, a comprehensive 14-page engineered Pelican Bay development plan set with site planning, paving, grading, drainage, stormwater and utility plans, boundary survey and environmental assessment. An active FDEP waterfront permit, extended through November 2029, includes a 9-slip marina/docking configuration, dredging and shoreline improvements, subject to permit conditions and any additional required approvals. The historical development plans provide a valuable starting point for a developer to evaluate the site's current potential, while the waterfront location and Kanner Highway frontage create a unique opportunity for future development. Conveniently located near Downtown Stuart, US-1 and I-95. Extensive property documentation is available for review. Buyer to independently verify current zoning, density, wetlands, buildable area, development rights, permits and intended use.

Additional Information

Days on Market
279
Waterfront Description
Navigable Water, Ocean Access
Tax Amount
$19,341
Water Access
Dock Available, Over 101 Ft Boat
Parcel Number
163841001000002910
Front Exposure
East
Directions
Located on the West side of S. Kanner Highway, approximately 1/2 way between SW. Monterey Rd. and SE. Indian St.
Address
S Kanner Highway, Stuart
Development Name
31400 Monterey Rd
Development
31400 Monterey Rd

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Listing Courtesy of Compass Florida, LLC (Jupiter), Contact: