3461 SW Martin Downs Blvd 8,388 SF Specialty Building Offered For Sale in Palm City, FL 34990

This redevelopment opportunity reimagines the 2.08± acre, at SW Martin Downs Blvd as two modern retail pads designed for high-visibility, drive-thru oriented tenants. The property features excellent access and circulation, with full access on Martin Downs Boulevard and secondary ingress/egress on SW Armellini Avenue, enhancing site maneuverability, drive-thru stacking, and deliveries.
Positioned along Palm City’s primary commercial corridor within the established Martin Downs PUD, the site benefits from strong traffic patterns and direct access to surrounding residential neighborhoods and employment centers. Existing auto-service/car wash improvements, utilities, access, and paving provide a fully improved framework for transformation into freestanding QSR, medical, or service-retail pads under long-term NNN ground leases.
The flexible pad configuration allows for single-tenant or multi-tenant layouts, optimized parking, and prototypical building designs while retaining fee-simple land ownership and leveraging the submarket’s high occupancy, limited new supply, and healthy rent levels. Together, these characteristics create a compelling land lease development play, offering investors predictable, escalation-driven cash flow, minimal landlord responsibilities, and long-term value growth in a high-barrier-to-entry Palm City retail submarket.