$1,950,000
PENDING

1500 SE Cove Rd Stuart, FL 34997

South Stuart Neighborhood

Estimated payment $10,511/month

Total Views 4,696
-- Bed
-- Bath
957 Sq Ft
$2,038 Price per Sq Ft

Highlights

  • 2.38 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Property has 2 Levels
  • No HOA
  • Heating Available

About This Home

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)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $464

Year Built

  • Built in 1981

Lot Details

  • 2.38 Acre Lot

Parking

  • 10 Parking Spaces

Home Design

  • Frame With Stucco
  • Frame Construction

Interior Spaces

  • 957 Sq Ft Home
  • Property has 2 Levels

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Three-Phase Power
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 343841001000000805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$464

Year Built

Built in 1981

Lot Details

2.38 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1981
  • Ownership: Sole Proprietor
  • Property Sub Type: Multi Family
  • Business Type: Other
  • Directions: 95 to KANNER HWY / 76 EAST TO COVE RD RIGHT ON COVE RD TO PROPERTY ON RIGHT DIRECTLY PAST LEGACY COVE LIGHT
  • Horses: No
  • Inclusions: Building Only, Business And Building
  • Unit Levels: 2
  • Lot Size Acres: 2.38
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • LastStatus: Active
  • CurrentPrice: 1950000
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Number Of Buildings: 4
  • Stories: 1

Exterior Features

  • Roof: Other Roof/Roof Structure, Other
  • Construction Type: Frame, Frame With Stucco
  • Lot Features: County Location, Other Location, 2 To Less Than 3 Acre Lot, Septic
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: No Fire Protection, No Security
  • Utilities: Cable Connected, Septic, Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 343841001000000805
  • Lot Size Sq Ft: 103673
  • Zoning: MULTIFAM

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 464

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $464 $305,959 -- --
2024 $422 $297,337 -- --
2023 $422 $288,677 $0 $0
2022 $406 $280,269 $0 $0
2021 $390 $272,106 $0 $0
2020 $314 $268,350 $0 $0
2019 $314 $262,317 $0 $0
2018 $309 $257,426 $0 $0
2017 $2,386 $182,114 $0 $0
2016 $2,658 $178,369 $0 $0
2015 $2,523 $177,129 $0 $0
2014 $2,523 $175,723 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2026 06/06/26 Pending -- -- --
04/03/2026 04/03/26 Price Changed $1,950,000 0.0% $590 / Sq Ft
04/02/2026 04/02/26 For Sale $1,950,000 -1.9% $2,038 / Sq Ft
01/20/2026 01/20/26 Price Changed $1,987,600 -9.7% $601 / Sq Ft
10/20/2025 10/20/25 For Sale $2,200,000 +516.2% $666 / Sq Ft
05/01/2017 05/01/17 Sold $357,000 +83900.0% $108 / Sq Ft View Prior Sale
04/01/2017 04/01/17 Pending -- -- --
05/01/2016 05/01/16 For Sale $425 -- $0 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $357,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $132,000 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $285,600 Adjustable Rate Mortgage/ARM
Previous Owner $124,000 FHA
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: B26010503

MIAMI REALTORS® MLS

APN: 34-38-41-001-000-00080-5

Florida Martin County Stuart 34997 South Stuart

1500 SE Cove Rd, Stuart, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.