Mixed use property in 11150 SE FEDERAL Highway, Hobe Sound, FL for sale with MLS# B26075520
Excellent Hobe Sound investment opportunity directly on US-1/SE Federal Hwy with high visibility and easy access. Existing rents have not been raised in years, offering significant rental upside. Additional land between the duplex and commercial plaza may provide potential for another duplex or additional commercial space. Detached garage on the west side has its own electric meter and may offer potential conversion to an efficiency unit. Located approximately 10 minutes from Hobe Sound Beach/Jupiter Island and 7 miles from I-95. General Commercial Future Land Use and located within the Hobe Sound CRA. Excellent value-add opportunity. Unique mixed-use investment opportunity with multiple potential value-add strategies. Property includes an existing commercial plaza, duplex, detached garage and additional land. Current rents have not been increased in years, creating significant potential upside through future rent adjustments. Additional land located between the duplex and plaza may offer the potential to construct another duplex or expand the existing commercial/plaza space. The detached garage on the far west side of the property has its own electric meter and may potentially be converted into an additional efficiency unit. Excellent US-1/SE Federal Highway exposure in the growing Hobe Sound market, approximately 10 minutes from Hobe Sound Beach and Jupiter Island and approximately 7 miles from I-95. General Commercial Future Land Use and located within the Hobe Sound CRA. Ideal for an investor, owner-user or developer looking for existing income combined with future expansion potential.
11150 SE FEDERAL Highway, Hobe Sound, FL
- Price:
- $2,500,000.00
- Original List Price:
- $2,500,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Business Type:
- Restaurant, Food & Beverage
- Listing Category:
- Commercial Sale
- Property Type:
- Mixed Use
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 12, 2026 8:09 pm
- Built-Up Area:
- 6,500 Sqft
- Lot Area:
- 27,600 Sqft
- Building Area Source:
- Appraiser
- Lot Size Acres:
- 0.63
- Security:
- Smoke Detector(s), Closed Circuit Camera(s)
- Air Conditioning
- Air Conditioning System:
- Central Air, Central Individual
- Heating
- Heating System:
- Central, Central Individual
- Year Built:
- 1970
- Roof:
- Metal, Aluminum
- Number of Buildings:
- 3
- Number of Units Total:
- 6
- Construction Materials:
- Stucco, Concrete, CBS
- Number of stories:
- 1
- Flood Zone Code:
- X
- Property Condition:
- Resale, Updated/remodeled
- Tax Annual Amount:
- $12,968.7
- Tax Year:
- 2025
- Parking Total Spaces:
- 30
- Parking Features:
- Common, Accessible Parking, Boat Access/parking
- Sewer:
- Septic Tank
- Electric:
- 440 Volts
- Utilities Available:
- Cable Available, Electricity Connected, Water Connected, Propane
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Aerial Photo(s), Existing Survey
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan, Owner Will Carry Points, Private Financing Available, USDA Loan, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- GOMEZ GRANT LOTS A TO N UNREC E 240' OF N 115' OF LOT E UNREC S/D AS IN OR 330/2202
- Real Estate Folio Number (Parcel Number):
- 343842000270000206
- Zoning:
- R-3A
- Active on the market since:
- September 12, 2026
- Listing Agreement executed on:
- September 12, 2026
- Listing Status Last Changed On:
- September 12, 2026 8:09 pm
- Photos updated on:
- September 15, 2026 1:11 am
- Last Modified:
- September 15, 2026 1:11 am
- Courtesy of:
- Palm Beach Property Buyers LLC
- Attribution:
- Not provided
- Street Name:
- FEDERAL
- Street Number:
- 11150
- City:
- Hobe Sound
- State:
- Florida
- County:
- Martin
- Latitude:
- N27° 4' 3.6''
- Longitude:
- W81° 51' 32.4''
- Street Suffix:
- Highway
- Street Direction Prefix:
- SE
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