9025 SE Bridge Rd - Freestanding FOR SALE


Hobe Sound, FL 33455
$4,750,000 USD
772-362-1666
9025 SE Bridge Rd, Hobe Sound, FL for Sale
$4,750,000 USD
Freestanding - FOR SALE
1/19
null | 5.91% Cap Rate

9025 SE Bridge Rd
Hobe Sound, FL 33455


HIGHLIGHTS

  • Once in 20 years 'Shovel Ready' project in downtown Hobe Sound with Townhomes & a Mixed Use asset. Site Plan approved project with Martin County.
  • An opportunity to build a showcase, flagship project for Hobe Sound maximizing the value of the vacant parcel.
  • Strong Return for the Purchaser selling Townhomes and Leasing the Mixed Use asset.

OVERVIEW

.65 acre parcel in the core Hobe Sound Central Business District with a fully Entitled showcase project. 6 THREE story Townhomes along with an 8,300 square foot Mixed Use asset- 3 2BD/2BA Apartments along with 4,500 square feet of commercial space. Designed for 2 Restaurants and a Retail space. Wedged between the wealth of Jupiter Island and the billions being spent just west with Apogee, Atlantic Fields, the Ranch and more, this development can provide a significant return to the Purchaser while being a shining star for downtown Hobe Sound.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$3,271 USD /SF

CAP RATE

5.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Banyan Groves

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

R-3A

APN/PARCEL ID

34-38-42-000-078-00040-9

ASK ABOUT THIS PROPERTY

Courtland WeislederCLCW VenturesMore Info
772-362-1666

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Courtland WeislederCLCW VenturesMore Info
772-362-1666

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.