0 Kanner HwyStuart, FL 34997
- Residential income properties
- 1.36 AC
Property Details for 0 Kanner Hwy
- Lot size
- 1.36 AC
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional 1.36-acre site, located on S Kanner Highway in Stuart, Florida (APN: 09-38-41-021-000-00020-0), presents a rare chance to develop a 28-unit apartment building. Zoned RPUD, this fully entitled property boasts an approved site plan and includes an access agreement for convenient entry. The site's high-density residential zoning allows for efficient development. Situated just five minutes from downtown Stuart and Palm City, the location offers residents proximity to numerous amenities, highly-rated Martin County schools, and the Cleveland Clinic. Excellent access to I-95 and Florida's Turnpike via Kanner Highway ensures convenient commuting. Priced at $1,500,000 ($53,571 per unit), this opportunity is ideal for investors seeking a high-return multifamily development project in a thriving Florida market. The future land use designation includes Office Residential. This is one of the few remaining residential development sites in Stuart, making this a truly unique investment.
Location Insight
- City
- Stuart
- County
- Martin
- State
- Florida
- Latitude
- 27.1437
- Longitude
- -80.246
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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