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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: $3,500,000
  • 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
  • Permissible Units: 64

Property Description

Presenting a ±7.9-acre infill site sits within an established residential neighborhood in Hobe Sound, just minutes from US-1. Located in the Hobe Sound Redevelopment District and its Multifamily Subdistrict, the property permits up to 8 units per acre across a wide range of building types, including townhomes, duplexes, cottage courts, courtyard and apartment buildings, single-family homes and ADUs.

Surrounded by existing duplexes and single-family homes, the site is well suited for builders looking to add attainable or for-rent housing to a market with very little entitled residential land remaining. The property sits outside the flood zone and offers ±475 feet of frontage.

Future residents will enjoy quick access to US-1 shopping and services, nearby schools and golf, and a short drive over Bridge Road to Jupiter Island’s beaches, plus Jonathan Dickinson State Park nearby. For developers, homebuilders and land investors, it is one of the last sizable residential infill opportunities in Hobe Sound.

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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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