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7.9-Acre Residential Development Opportunity

11362 Gold Ave., Hobe Sound, FL, 33455
For Sale

Property Highlights

    • Residential infill development opportunity of up to 64 units
    • Flexible zoning allowing single-family homes and ADUs
    • Convenient access to shopping, schools, and community services
    • Close proximity to Jupiter Island beaches and Jonathan Dickinson State Park
    • Established residential neighborhood with limited remaining developable land
    • Ideal opportunity for residential builders, developers, and long-term land investors

Property Details

  • Price: $4,000,000
  • Property Type: Development, Land, Multi-Family
  • Availability: Available
  • Transaction Type: For Sale
  • Lot Size: 7.9 AC
  • No. Stories: 2
  • Zoning Description: Hobe Sound Redevelopment
  • APN/Parcel ID: 34-38-42-000-270-00010-8
  • Units: 64

Property Description

Presenting a rare opportunity to acquire approximately 7.9 acres of vacant land within an established residential neighborhood in Hobe Sound, just minutes from US-1. Located within the Hobe Sound Redevelopment District and the Multifamily Subdistrict, the property offers a flexible development framework that permits single-family residences, accessory dwelling units, and other compatible residential uses, subject to municipal approvals.

Surrounded by an existing mix of duplexes and residential housing, the site presents excellent potential for developers seeking to expand the area’s housing inventory with residential or multifamily-oriented projects. As demand for attainable housing continues throughout Martin County, this infill parcel offers the opportunity to create a development that complements the established neighborhood while benefiting from the area’s continued growth.

Residents would enjoy convenient access to US-1, neighborhood retail and services, schools, and recreational amenities, while Bridge Road provides a direct connection to Jupiter Island’s beaches, waterfront parks, and outdoor attractions. With a limited supply of entitled residential land remaining in Hobe Sound, this property represents desirable investment for developers, homebuilders, and land investors.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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