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Offered at $1,790,000Active
beds
—
baths
0
sq ft
—
Built
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705 SE Tarpon Avenue

Stuart, FL 34994

About this home

Prime 1-acre development opportunity in the rapidly revitalizing East Stuart corridor near downtown Stuart. Zoned BMU (Business Mixed Use) allowing a variety of potential uses including multifamily residential, mixed-use residential over retail, professional or medical offices, restaurants, cafés, retail shops, and personal service businesses, as well as live-work concepts. Significant redevelopment is currently underway directly across the street by the City of Stuart. Recent nearby sales, including 701 SE Tarpon Ave which sold for $1.9M, highlight the strong demand and investment momentum along Tarpon Avenue. Conveniently located minutes from downtown Stuart, the St. Lucie River, shopping, dining, and major roadways. Rare opportunity for developers or investors seeking flexible zoning. Approximately 1-acre parcel located in the East Stuart area near downtown Stuart. The property is conveniently positioned near the St. Lucie River, local shopping, dining, and major transportation routes. The surrounding neighborhood is experiencing ongoing revitalization, including a significant redevelopment project currently underway directly across the street by the City of Stuart. Recent nearby sales along SE Tarpon Avenue, including 701 SE Tarpon Ave which sold for $1.9M, demonstrate the continued investment and demand in the area. Property offers potential for residential or multifamily redevelopment depending on buyer's intended use. Buyers are encouraged to verify zoning, density, utilities, and development potential with the appropriate authorities.

Listing last checked: Listing updated:

Listed by Jason Souwed · Palm Beach Property Buyers LLC · MLS #B26001901

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Details at a glance

Building1 property facts
Style
Hotel/Motel
Land & utilities4 property facts
Lot size
1 acres
Water
Public
Sewer
Public Sewer
Zoning
R-3
Financial2 property facts
Annual taxes
$2,296
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,790,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$9,243 / monthAdjust
Principal & interest
$9,051
Property tax
$191
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,296. 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.

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About 705 SE Tarpon Avenue

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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