About this home
The next chapter of Palm City will be built somewhere, by somebody. This could be where it begins. Martin County has long been defined by its waterways, open land, agricultural roots, established communities and quality of life. Today, Palm City is emerging as a fast-growing community within a county experiencing continued residential growth and investment, creating greater demand for the places where people shop, dine, live, work and gather. Positioned near Exit 133 of the Florida Turnpike, this 11.78 acre assemblage offers a rare combination of scale, visibility, access and future potential. The assemblage includes multiple parcels, with the majority currently zoned for commercial use and two parcels currently zoned agricultural. Here, the Florida Turnpike is more than infrastructure, it becomes your billboard. Imagine a thoughtfully designed retail destination featuring nationally recognized restaurants, franchises, services and everyday conveniences, a mixed-use concept created around a growing population, or other development possibilities subject to zoning, land-use approvals, Martin County review and all applicable governmental approvals. What makes this property compelling is not simply what surrounds it today, but what is taking shape around it tomorrow. As Palm City and Martin County continue to grow, sites offering this combination of acreage, exposure and accessibility become increasingly difficult to reproduce. For the right investor or developer, Exit 133 could become more than a Turnpike exit—it could become the entrance to a project that helps define Palm City's future. Land can be purchased. Buildings can be designed. Concepts can evolve. But scale, exposure, access, location and timing are much harder to recreate. This is not simply 11.78 acres of land. This is an opportunity to build Palm City's next destination and become part of Martin County's next chapter.
Listing last checked: Listing updated:
Listed by Corey Jason Kovalsky · One Sotheby's International Realty · MLS #B26087583
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior2 property facts
- Heating
- None
- Cooling
- None
Building4 property facts
- Style
- Mixed Use
- Year built
- 1800
- Parking
- 0
- Roof
- Other
Land & utilities4 property facts
- Lot size
- 11.78 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Vacant Comm
Financial2 property facts
- Annual taxes
- $17,597
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $9,999,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$52,027 / monthAdjust
- Principal & interest
- $50,560
- Property tax
- $1,466
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $17,597. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$9,995,000 · May 10, 2024
- Ter
$10,500,000 · May 10, 2024
- Sld
$395,000 · Sold $255,000 · Jul 10, 2022
- Sld
$235,000 · Sold $300,000 · Dec 28, 2019
Explore more of Palm City
Continue your search in Palm City.
Need help making sense of this home?
About 0 SW Martin Highway
Can I request a private showing?
Request a tour of 0 SW Martin Highway and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

