1500 SE Cove Road, Stuart, FL (MLS# B26010503)

1500 SE Cove Road, Stuart, FL

New Listing

$1,950,000

Property Type: Commercial Sale Square Footage: 957 Status: Active

Current Price: $1,950,000 List Date: 4/03/2026 Last Modified: 4/03/2026

Overview

Description

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)

Listing Details MLS# B26010503

General Property Information

Number Of Buildings: 4
Property Sub Type: Multi Family
Number Of Units Total: 3
Building Area Main: 957
Building Area Source: Public Records
Year Built: 1981
Parking Total: 10
Lot Size Area: 103673
Lot Size Acres: 2.38
Accessibility Features YN: No
Stories Total: Yes
Stories: 2

Property Features

Business Type: Other Documents Available: Aerial Photo(s); Deed; Existing Survey; Title/Abstracts; Other Electric: Three Phase Flooring: Other Heating: Other Location of Property: County Location; Other Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Land Special Listing Conditions: Standard Construction Materials: Frame Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Roof: Other Security Features: None Sewer: Septic Tank Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent Occupant Details: Owner Occupied Showing Considerations: See Remarks Acreage Description: 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2026-04-02
Original List Price: 1950000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Martin
Street Number: 1500
Street Direction Prefix: SE
Street Name: Cove
Street Suffix: Road
Municipality Type: Unincorporated
State Or Province: FL
Postal Code: 34997
Postal Code +4: 7504
Area: 6120 - Stuart - Southwest
Geographic Area: MRTC - Martin County
Parcel Number: 343841001000000805
Subdivision Number: Yes
Zoning: MULTIFAM
Flood Zone: X
Directions: 95 to KANNER HWY / 76 EAST TO COVE RD RIGHT ON COVE RD TO PROPERTY ON RIGHT DIRECTLY PAST LEGACY COVE LIGHT
Property Description: MULTI FAMILY

Financial Information

Tax Annual Amount: 464.37
Tax Year: 2025
Tax Assessed/SOH Value: 305959
Tax 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)
Assessor Market Value: 799680

Status Change Information

Major Change Timestamp: 2026-04-03T00:04:57Z
Major Change Type: New Listing
Status Change Date: 2026-04-02

More Information

Building and Property Details

# Of Toilets: 3
% Air Conditioned: 90
Maximum Ceiling Height: 14

Distance To Information

Miles to Beach: 10
Miles to Expressway: 4

Meter Information

Separate Electric Meters YN: No
Separate Gas Meters YN: No
Separate Water Meters YN: No

Other Area Details

Living Area Other Structures: 2558
Building Area Other Structures: 3214
Adjusted Area Other Structures: 0

Description of Unit Type 1

Unit Type: 2 Bedroom
Full Baths: Yes

Description of Unit Type 2

Unit Type: 1 Bedroom

Description of Unit Type 3

Unit Type: 1 Bedroom

Showing Details

Pet(s) on Premises: No
Showing Contact Phone: 772 359 5302
Showing Instructions: CALL LISTING AGENT FOR A TOUR OF PROPERTY OR DRIVE BY PROPERTY CAN BE VIEWED FROM GRACE LANE= BUILDINGS ARE TEAR DOWN OWNER OCCUPIED DO NOT DISTURB OWNER. IF YOU WISH TO TAKE A PRIVATE TOUR WITH REALTOR CALL

Originating Details

Originating System Key: 20260402215433060414000000
Originating System ID: M00000170

Currently Not Used

Ownership Type: Sole Proprietor

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: Yes

Flooring

Other: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Aerial Photo(s): Yes
Deed: Yes
Existing Survey: Yes
Photos: Yes
Title/Abstracts: Yes
Other: Yes

Location of Property

County Location: Yes
Other: Yes

Possession

Close Of Escrow: Yes

Sewer

Septic Tank: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Business Type

Other: Yes

Heating

Other: Yes

Sale Includes

Building: Yes
Land: Yes

Construction Materials

Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Other: Yes

Security Features

None: Yes

Water Source

Public: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Call Listing Agent: Yes
Occupied: Yes
Text Listing Agent: Yes

Occupant Details

Owner Occupied: Yes

Showing Considerations

See Remarks: Yes

Acreage Description

2 To Less Than 3 Acre Lot: Yes

Listing Office: Dalton Wade Inc

Last Updated: April - 03 - 2026

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