Property 1500 SE Cove Road, Stuart, FL for sale with MLS# B26010503
This convenient location has been rezoned multi family by owner, Survey in hand! There are 3 houses on property presently considered teardown so ready to build! Electric and public water already on site! Access road off Cove Rd on Grace Lane for easy access and a separate driveway for each of the 4 proposed 1/2 acre lots on current survey. Owner had the property rezoned multi family through Martin County sectioning off property into 4 half acre parcels allowing 2 houses per each, one half the size of primary for total of 8 structures. Buyer and buyers broker to use due diligence for your intended purpose for property. Long side of property parallel with Grace Lane apx 620 feet has 6 ft white cement wall in place! THE SITE PLAN FOR THE 6 BUILDINGS IS NOT CLEARED BY THE COUNTY (CONCEPT ONLY)
1500 SE Cove Road, Stuart, FL
- Price:
- $1,950,000.00
- Original List Price:
- $1,950,000.00
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- Pending
- Special Sale Conditions:
- Standard
- Business Type:
- Other
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- June 6, 2026 5:35 pm
- Built-Up Area:
- 957 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 2.38
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Other
- Year Built:
- 1981
- Roof:
- Other
- Number of Buildings:
- 4
- Number of Units Total:
- 3
- Construction Materials:
- Frame
- Flooring:
- Other
- Number of stories:
- 1
- Stories:
- 2
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $464.37
- Tax Year:
- 2025
- Tax Assessed Value:
- $305,959.00
- Parking Total Spaces:
- 10
- Sewer:
- Septic Tank
- Electric:
- Three Phase
- Utilities Available:
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Other, Deed, Aerial Photo(s), Photos, Existing Survey, Title/abstracts
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- WACO FIELD PLACE LOT 8 (LESS BEG SW COR N 626.67' E 186.61' TO E/LN S 545.30' SW 203.80' TO POB & LESS R/W)
- Real Estate Folio Number (Parcel Number):
- 343841001000000805
- Zoning:
- MULTIFAM
- Active on the market since:
- April 3, 2026
- Listing Agreement executed on:
- April 2, 2026
- Purchase Contract Date:
- June 4, 2026
- Listing Status Last Changed On:
- June 6, 2026 5:35 pm
- Photos updated on:
- April 3, 2026 12:05 am
- Last Modified:
- August 5, 2026 9:46 am
- Courtesy of:
- Dalton Wade Inc
- Attribution:
- Not provided
- Street Name:
- Cove
- Street Number:
- 1500
- City:
- Stuart
- State:
- Florida
- County:
- Martin
- Latitude:
- N27° 7' 20.3''
- Longitude:
- W81° 45' 56.6''
- Street Suffix:
- Road
- Street Direction Prefix:
- SE

Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question