
Sold Jul 18, 2026
$1,900,000Exceptional 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.
Listing last checked: Listing updated:
Listed by Holly Meyer Lucas, Nicole Laguna-Murray · Compass Florida, LLC (Jupiter) · MLS #R11157240
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Listing annual taxes: $19,342. 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.
$1,750,000 · May 9, 2024
$390,000 · Sold $370,000 · Aug 1, 2018
$349,900 · Sold $310,000 · Jul 10, 2017

Sold Jul 18, 2026
$1,900,000Sold Aug 10, 2026
$1,900,000Continue your search in Stuart.
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