DEVELOPMENT OPPORTUNITY . Hobe Sound,  FL   SE Federal Highway Hobe Sound, FL 33455 List Price $799,000 Price per Acre $199,750 Gross Acres 4.00 Shape Triangular Dimensions 866.67 X 901.97 X 479.46 Property Overview Cross Street Old Dixie Hwy Tax Parcel Number 26-39-42-000-000-00080-8 Market South Florida Sub Market Martin County Street Frontage 866.67 Corner No Zoning R-2B Property Description With 866.67 feet fronting on SE Federal Highway, this vacant lot is perfect for residential development. This parcel carries a Future Land Use designation on the future land use map of Low Density Residential, permitting up to 5 units per acre. There is a billboard on site, which generates $4,000/year. It is a 20 year lease, but provides for 90 day termination at any time. Bridge Rd, which is a main access road to prestigious Jupiter Island, is located less than a mile and a half to the North. Area Description Hobe Sound/Martin County is strategically located with easy access to everything South Florida has to offer. Close proximity to Disney in Orlando, down through the Palm Beaches, Miami and the Keys. Directly to the South is the Prestigious Private Pines School and the Scripps Research Institute and Biotec cluster.
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