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$1,950,000 Just Listed
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Property 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)
Full Property Details
Full Property Details for 1500 SE Cove Rd
General
- Price: $1,950,000
- Taxes: $464 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Regional
- MLS ID: B26010503
- Updated: Today (4/2/2026)
- Added to Site: Today
Business
- Business Type: Other
Interior
- Flooring: Other
Additional Information
- Security/Safety: None
Parking
- Total Spaces: 10
Location
- County: Martin
- Driving Directions: 95 to KANNER HWY / 76 EAST TO COVE RD RIGHT ON COVE RD TO PROPERTY ON RIGHT DIRECTLY PAST LEGACY COVE LIGHT
- Dist. to Freeway: 4
Community
- Community Name: 6120 - Stuart - Southwest
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Other
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 4
- Construction: Frame
- Roof: Other
- Stories/Levels: 2
- Building Size: 957
- Year Built: 1981
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 2.38
- Lot Features: 2-3 Acres, Other, Rural Lot
- Zoning: MULTIFAM
Financial Considerations
- Assessment Amount: $305,959
- Tax Amount: $464.37
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed, Ground Photo, Other, Survey, Title
- 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)
- Property ID: 343841001000000805
Listed by Dalton Wade Inc
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Schools
Schools serving 1500 SE Cove Rd
School District:Martin County School District
| Name | Grades | Distance |
|---|---|---|
Sea Wind Elementary School 3700 Southeast Seabranch Boulevard, Hobe Sound, FL 33455 | K-5 | 2.5 mi |
Dr. David L. Anderson Middle School 7000 Southeast Atlantic Ridge Drive, Stuart, FL 34997 | 6-8 | 0.5 mi |
South Fork High School 10000 Southwest Bulldog Way, Stuart, FL 34997 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1500 SE Cove Rd
Date
Details
Price
Change
Source
4/02/2026
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1500 SE Cove Rd
1500 SE Cove Road, Stuart, FL (MLS# B26010503) is a Commercial Multi-Family property. 1500 SE Cove Road is currently listed for $1,950,000 and was received on April 03, 2026. Want to learn more about 1500 SE Cove Road? Do you have questions about finding other Commercial Multi-Family real estate for sale in Stuart? You can browse all Stuart real estate or contact a Coldwell Banker agent to request more information.

