1500 SE Cove Road Stuart, FL $ 1,950,000
1500 SE Cove Road
$ 1,950,000
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1500 SE Cove Road

Stuart, FL
$ 1,950,000
Baths0.0 Sq 957

Monthly Estimate*

$ 12,006

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Studio

Single Family Home for sale in Stuart, FL

for $1,950,000. This 957 square foot home 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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Single Family Active

Price

$ 1,950,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 464

Style

Lot Size

2.38

Year Built

1981

Town/City

Stuart

County/Region

Martin

MLS | Web ID

B26010503

Features
General
Sewer SepticTank
Heating Other
Cooling WallWindowUnits
Utilities CableAvailable ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Other
Security Features None
Construction Materials Frame
Year Built 1981
Electric Phases3
Stories Count 2
Levels Two
Property Subtype MultiFamily
Tax Year 2025
Business Type Other
County Martin
New Construction false
Property Type CommercialSale
Status Active
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
Number Of Units Total 3
MLS Area 6120 - Stuart - Southwest
Tax Annual Amount 464.37
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/1500-SE-Cove-Road-Stuart-FL/unbranded
Standard Status Active
Ownership Type SoleProprietor
Property Sub Type Additional MultiFamily
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
Heating Y/N true
Total Baths 0
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Exterior
Lot Features TwoToThreeAcres Other RuralLot
Water Source Public
Total Parking 10
Lot Size Area 103673
Number of Buildings 4
Building Area Total 957
Lot Size Acres 2.38
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* Excluded Features
List By
Shelley Marko

Listing Agent

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
Pricing History
DatePricePrice ChangeDescription
4/3/2026$1,950,000 Listed Price

Map


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1500 SE Cove Road, Stuart, FL, is a Single Family Home for sale at $1,950,000 with 957 sqft and a lot size of 2.38. 1500 SE Cove Road is a studio with 0.0 baths and was built in 1981. The property's zip code is which is in Stuart, FL