For Auction

Prime 27.47 +/- Acre Development Site

3420 SW Martin Highway,
Palm City, FL 34990
Represented by
SLC Commercial

Asset Snapshot

Real Estate
Asset Type
Land
Property Type
27.47 Acres
Land Area

Offering Summary

 

*First Click Meets Reserve*

Large 27.47± Acre Site suitable for Industrial or Commercial Development Opportunity

 

  • Prime Location at Florida’s Turnpike and Martin Highway (SR 714) with easy access to I-95 and Stuart
  • Frontage includes 664± Feet along Martin Highway (SR 714) and 662± Feet along High Meadows Avenue
  • Located on Major Corridor with Industrial, Commercial, Retail and Residential Development
  • Zoned LI- Limited Industrial with permitted uses that include Industrial, Commercial and Retail

 

The auction of this legacy property represents the opportunity for an investor or developer to acquire a prime 27.47+/- acre commercial / industrial site at well below appraised value.  Located on a major east/west corridor (SR 714 / Martin Highway) at a Florida Turnpike interchange, with convenient access to two I-95 interchanges and direct access into Stuart, and situated in the middle of the bedroom community of Palm City, this highly sought after location is suitable for many different types of users.  The property’s Limited Industrial zoning designation allows a wide range of retail, commercial and industrial uses.  Potential uses include:  gas/convenience, fast food restaurants, retail shopping center, hotel, self-storage facility, office, light industrial and others.

Property fronts on both Martin Highway and High Meadows Avenue.  Water and sewer are available from Martin County Utilities.  Site contains certain on-site wetlands.  A number of development alternatives are possible, including subdividing into multiple commercial parcels.

Due Diligence

Cooperating Broker Fee

Eligible brokers may receive a 2.00% fee when representing the winning bidder.

Learn more in the FAQs

Platform Fee

Buyer pays a minimum platform fee of 10% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AU93
Fisher Auction Co: AB106

Need Help?

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Closed

This asset was part of the March 6th, 2019 auction event, resulting in a successful transaction that closed in just 27 days.
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Investment Sales Broker

JC
Jeffrey Chamberlin
SLC Commercial

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.