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NE Corner of Cove Rd & Willoughby blvd

16.2 Acres of Commercial Land Offered at £3,934,250 in Stuart, FL 34997

Investment Highlights

  • Call for Offers, Due Nov. 8

Property Facts

Price £3,934,250
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 16.20 AC

1 Lot Available

Lot

Price £3,934,250
Price Per AC £242,855
Lot Size 16.20 AC

Description

Property Details Address: NE Corner of Cove Rd & Willoughby Blvd Land Size: 16.2 Acres Price: $5,000,000 Terms: Terms acceptable to seller must contain a due diligence period and closing period not to exceed 150 days in aggregate. Land Use: Limited Commercial, Cor-2 Future Land Use: Commercial Limited and Commercial/Office/Residential Utilities: Water and Sewer provided by Martin County Utilities The Offering This 16.2 acre commercial site is located at the signalized corner of Cove Road and Willoughby Boulevard in the heart of Martin County, just a block from Cleveland Clinic. Ideal for a subdivision of medical offices or a large medical office campus, the land use and zoning in place allow for a variety of low intensity commercial uses. The seller has discounted the pricing significantly from previous offers and expectations to facilitate a sale within 150 days of going to contract.

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 29800304

  • Date on Market: 16/10/2023

  • Last Updated:

  • Address: NE Corner of Cove Rd & Willoughby blvd, Stuart, FL 34997

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