This 2.32-acre parcel at 0 SE Lee Street presents a fully entitled development opportunity in the rapidly growing Port Salerno area of Stuart, Florida. All approvals and engineering plans are in place for a 48-unit apartment complex, eliminating the time and cost associated with permitting and design. This shovel-ready site offers investors and developers a true plug-and-play opportunity to immediately move from acquisition to construction, expediting project timelines and reducing risk.
Strategically located near US-1 and Cove Road, the property provides convenient connectivity to key corridors, retail, and services throughout Martin County. Stuart’s robust population growth and the demand for quality multifamily housing create a favorable environment for new development. With municipal water, sewer, and electricity readily available, the infrastructure is prepared to support immediate project launch. This is a rare chance to capitalize on a pre-approved, multi-family development site in an established coastal market with sustained rental demand.