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1500 SE Cove Stuart, FL $ 1,950,000
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$ 1,950,000 Get more info
1500 SE Cove
$ 1,950,000
Back to search
Share Save

1500 SE Cove

Stuart, FL, 34997
$ 1,950,000
Bedrooms3 Baths3.0 Sq 957

Monthly Estimate*

$ 12,006

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Commercial Property for sale in Stuart, FL

for $1,950,000 with 3 bedrooms and 3 full baths. This 957 square foot building was built in 1981 on a lot size of 2.38.

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)

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Commercial Pending

Price

$ 1,950,000

Bedrooms

3

Full Bath

3

Property Type

Commercial

Taxes

$ 464

Style

Lot Size

2.38

Year Built

1981

Town/City

Stuart

County/Region

Martin

MLS | Web ID

B26010503
Features
General
Sewer Septic Tank
Heating Other
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Roof Other
Construction Materials Frame Stucco
Year Built 1981
Electric 3 Phase
Stories Count 1
Levels Two One
Property Subtype Multi Family
Tax Year 2025
Ownership Sole Proprietor
Business Type Other
County Martin
Property Type Commercial Sale
Contingency Pending Inspections
Full Baths 3
Status Pending
Directions 95 to KANNER HWY / 76 EAST TO COVE RD RIGHT ON COVE RD TO PROPERTY ON RIGHT DIRECTLY PAST LEGACY COVE LIGHT
City Stuart
Senior Community Y/N false
Zoning Description MULTIFAM
Number Of Units Total 3
MLS Area 6120
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 464
Virtual Tour https://www.propertypanorama.com/1500-SE-Cove-Road-Stuart-FL/unbranded
Standard Status Pending
Tax Assessed Value 799680
Expected Active Date 2026-04-03
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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Interior
Flooring Other
Total Stories 1
Air Conditioning Y/N true
Total Bedrooms 3
Total Baths 0
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Exterior
Lot Features 2-3 Acres
Water Source Public
Total Parking 10
Number of Buildings 4
Building Area Total 957
Lot Size Acres 2.38
Covered Spaces 0
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* Excluded Features
List By
Dalton Wade Inc

Broker

shelleymarko75@gmail.com

Email

Affordability Calculator

$12,045
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,006
Monthly Property Taxes
$39
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/9/2026$1,950,000 Listed Price

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1500 SE Cove, Stuart, FL, 34997 is a Commercial Property for sale at $1,950,000 with 957 sqft and a lot size of 2.38. 1500 SE Cove has 3 bedrooms, 3.0 baths, and was built in 1981. The property's zip code is 34997 which is in Stuart, FL

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