1500 SE Cove Road Stuart, FL $ 1,987,600
1500 SE Cove Road
$ 1,987,600
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1500 SE Cove Road

Stuart, FL, 34997
$ 1,987,600
Bedrooms-- Baths3.0 Sq 3,305

Monthly Estimate*

$ 12,238

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Commercial Property for sale in Stuart, FL

for $1,987,600 with 3 full baths. This 3,305 square foot building was built in 1981.

PROPERTY APPROVED AND SURVEYED FOR MULTIFAMILY IN THIS GREAT LOCATION! NEAR 95 AND WATERFRONT RESTAURANTS IN PORT SALERNO,, STUART, AND JENSEN BEACHES/PROPERTY HAS ALREADY BEEN REZONED FROM AGRICULTURAL TO MULTI-FAMILY LISTED IS EXAMPLE OF POSSIBLE USE INCLUDING BUILD OF SIX 3 STORY BLDG WITH 4 TOWNHOUSES PER BUILDING FOR A TOTAL OF 24 UNITS TO SELL APX $750K PER UNIT SEE PLAT PIC -OTHER POTENTIAL USES, OFFICES, DAYCARE, ASSISTED LIVING WAREHOUSES CHECK WITH MARTIN COUNTY BUILDING DEPT THERE ARE 4 BUILDINGS ON THE PROPERTY CONSISTING OF 3 HOUSES AND A GARAGE-PREDICTING TEAR DOWN OF THESE BUILDINGS! MANY POSSIBILITIES FOR THIS UPCOMING GROWING AREA! PLEASE VERIFY ALL ZONING AND PROPERTY DIMENSIONS ETC AS SOME ARE APROXIMATE!

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Commercial Active

Price

$ 1,987,600

Full Bath

3

Property Type

Commercial

Taxes

$ 444

Style

Professional Office

Year Built

1981

Town/City

Stuart

County/Region

Martin

MLS | Web ID

RX11128557

Features
General
Construction Frame
Heating Other
Cooling Wall-Win A/C
Utilities Electric Septic Well Water
Possession At Closing
Roof Other
Zoning MULTIFAM
Status Active
Year Built 1981
Subdivision WACO FIELD PLACE
Stories Count 2.0
Type MultiFamily (5+ Units)
Property Type E
Area 12 - Stuart - Southwest
Location County Other
Auction No
Tax Year 2025
Terms Considered Cash Conventional
Use Other Professional Office
Virtual Tour https://www.propertypanorama.com/1500-SE-Cove-Road-Stuart-FL-34997/unbranded
Geo Area MA12
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)
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Exterior
Waterfront No None
Lot Size 2.38
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Interior
Flooring Other
Total Number of Units 3
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Internal Only
OriginalMLSID RX-11128557
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* Excluded Features
List By
Shelley Marko

Listing Agent

Dalton Wade Inc

Broker

shelleymarko75@gmail.com

Email

Affordability Calculator

$12,275
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,238
Monthly Property Taxes
$37
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2026$1,987,600 -9.65% Price Down
10/1/2025$2,200,000 Listed Price

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1500 SE Cove Road, Stuart, FL, 34997 is a Commercial Property for sale at $1,987,600 with 3,305 sqft. 1500 SE Cove Road has 3.0 baths and was built in 1981. The property's zip code is 34997 which is in Stuart, FL