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Investment Highlights

  • Prime redevelopment opportunity in Stuart's commercial waterfront district
  • Walking distance to Manatee Pocket restaurants and marinas
  • Existing building may provide interim use while redevelopment plans are finalized
  • Located within the Port Salerno CRA redevelopment area
  • Excellent opportunity for restaurant, bar, retail, or boutique commercial use
  • Surrounded by established restaurants, entertainment venues, and marine businesses

Executive Summary

Located just steps from the restaurants, marinas, waterfront entertainment, and year-round activity surrounding Manatee Pocket, 4648 SE Park Drive presents a rare opportunity to acquire a redevelopment site within one of Martin County's most recognizable waterfront districts.
This offering derives its greatest value from its exceptional location and redevelopment potential. The existing 520-square-foot structure provides flexibility for interim occupancy or redevelopment, while the surrounding neighborhood continues to evolve into one of South Florida's premier boutique dining, hospitality, and entertainment destinations.
Positioned within the Port Salerno Community Redevelopment Area (CRA), the property benefits from an area that has received significant public investment focused on pedestrian-friendly street scapes, infrastructure improvements, waterfront activation, and mixed-use redevelopment. Similar redevelopment initiatives have
transformed Port Salerno into one of the Treasure Coast's fastest growing lifestyle districts.
Whether envisioned as a chef-driven restaurant, neighborhood cocktail lounge, boutique retail concept, wine bar, coffee house, speakeasy, or other destination business, this property offers an increasingly rare opportunity to establish a presence in a market where available redevelopment sites have become exceptionally limited.

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
520 SF
Year Built
1950
Price
$774,669 CAD
Price Per SF
$1,489.75 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.15 AC
Zoning
Port Salerno CRA - See Offering Memorandum
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100

Nearby Major Retailers

Burn Boot Camp
Truist
Bank of America
Seacoast Bank
Td Bank
  • Listing ID: 41426239

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 4648 SE Park Dr, Stuart, FL 34997

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