11150 SE FEDERAL Highway, Hobe Sound, FL
New ListingOverview
Description
Supplements: ... (Read more) Unique mixed-use investment opportunity with multiple potential value-add strategies. Property includes an existing commercial plaza, duplex, detached garage and additional land. Current rents have not been increased in years, creating significant potential upside through future rent adjustments. Additional land located between the duplex and plaza may offer the potential to construct another duplex or expand the existing commercial/plaza space. The detached garage on the far west side of the property has its own electric meter and may potentially be converted into an additional efficiency unit. Excellent US-1/SE Federal Highway exposure in the growing Hobe Sound market, approximately 10 minutes from Hobe Sound Beach and Jupiter Island and approximately 7 miles from I-95. General Commercial Future Land Use and located within the Hobe Sound CRA. Ideal for an investor, owner-user or developer looking for existing income combined with future expansion potential.
Listing Details MLS# B26075520
General Property Information
- Number Of Buildings
- 3
- Property Sub Type
- Mixed Use
- Number Of Units Total
- 6
- Price Per Unit
- 357
- Building Area Main
- 6500
- Building Area Source
- Appraiser
- Adjusted Area Main
- 6500
- Year Built
- 1970
- Parking Total
- 30
- Lot Size Area
- 27600
- Lot Size Acres
- 0.63
- Accessibility Features YN
- Yes
- Stories Total
- Yes
- Leasable Area
- 6500
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 2500000
- Negotiable Seller Concessions YN
- Yes
- Listing Service
- Limited Service
- Seller Represented YN
- No
Location and Legal
- Country
- United States
- County Or Parish
- Martin
- Street Number
- 11150
- Street Direction Prefix
- SE
- Street Name
- FEDERAL
- Street Suffix
- Highway
- Municipality Type
- Incorporated
- State Or Province
- FL
- Postal Code
- 33455
- Postal Code +4
- 5119
- Area
- 6140 - Hobe Sound/Stuart - South of Cove Rd
- Geographic Area
- MRTC - Martin County
- Parcel Number
- 343842000270000206
- Zoning
- R-3A
- Flood Zone
- X
- Directions
- Take I-95 to Exit 96 (SE Bridge Rd/Hobe Sound). Head east on SE Bridge Rd approximately 6.3 miles to US-1/SE Federal Hwy. Turn right (south) onto SE Federal Hwy. Property is located at 11150 SE Federal Hwy with access from the Federal Highway service road
- Subdivision Number
- 0
Financial Information
- Tax Annual Amount
- 12968.7
- Tax Year
- 2025
- Tax Legal Description
- GOMEZ GRANT LOTS A TO N UNREC E 240' OF N 115' OF LOT E UNREC S/D AS IN OR 330/2202
Status Change Information
- Major Change Timestamp
- 2026-09-12T20:09:44Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-09-12
More Information
Distance To Information
- Miles to Beach
- 3
- Miles to Expressway
- 7
Meter Information
- Separate Electric Meters YN
- Yes
- Number Of Separate Electric Meters
- 7
- Separate Gas Meters YN
- No
- Separate Water Meters YN
- No
Other Area Details
- Living Area Other Structures
- 2116
- Building Area Other Structures
- 2798
- Adjusted Area Other Structures
- 0
Originating Details
- Originating System Key
- 20260810022708741542000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Electric
- 440 Volts
- Yes
Parking Features
- Accessible Parking
- Yes
- Boat Access/Parking
- Yes
- Common
- Yes
Property Condition
- Resale
- Yes
- Updated/Remodeled
- Yes
Special Listing Conditions
- Standard
- Yes
Documents Available
- Aerial Photo(s)
- Yes
- Existing Survey
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Septic Tank
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Water Connected
- Yes
- Propane
- Yes
Zoning Information
- Use Conforms To Zoning
- Yes
Business Type
- Food & Beverage
- Yes
- Restaurant
- Yes
Heating
- Central
- Yes
- Central Individual
- Yes
Sale Includes
- Building
- Yes
- Leases
- Yes
Construction Materials
- CBS
- Yes
- Concrete
- Yes
- Stucco
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- Owner Will Carry
- Yes
- Private Financing Available
- Yes
- USDA Loan
- Yes
- VA Loan
- Yes
Roof
- Aluminum
- Yes
- Metal
- Yes
Security Features
- Closed Circuit Camera(s)
- Yes
- Smoke Detector(s)
- Yes
Water Source
- Public
- Yes
Cooling
- Central Air
- Yes
- Central Individual
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Occupied
- Yes
Acreage Description
- 1/2 To Less Than 1 Acre Lot
- Yes
- Less Than 1 Acre Lot
- Yes
