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.
Details
| MLS # | R11157240 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 292 |
| Listing Provided By | Compass Florida, LLC (Jupiter) | Holly Meyer Lucas |
Features
| Zoning | WRC |
|---|---|
| Acreage | 2.60 |
| Water Front | Yes |
| Property View | Yes |
Exterior
| Lot Features | Two To Three Acres, Rural Lot |
|---|
Taxes
| Tax Annual Amount | 19341.77 |
|---|
Area Information
| State | FL |
|---|---|
| County | Martin |
| City | Stuart |
| Zip Code | 34994 |
| Area | 6080 Stuart North of Indian St |
| Subarea | MRTC Martin County |
| Community Name | 31400 Monterey Rd |
| Listing VS Median (in 31400 Monterey Rd) | |
Price: $1,895,000 low | high Med: $0 On site: 292 low | high Med: | |
Market Activity 34994
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Learn More About This Property
| State | FL |
|---|---|
| County | Martin |
| City | Stuart |
| Zip Code | 34994 |
| Area | 6080 Stuart North of Indian St |
| Subarea | MRTC Martin County |
| Community Name | 31400 Monterey Rd |
| Listing VS Median (in 31400 Monterey Rd) | |
Price: $1,895,000 low | high Med: $0 On site: 292 low | high Med: | |