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9025 SE Bridge Rd - Fully Entitled Mixed-Use Development Site 0.64 Acres of Commercial Land Offered at $6,509,447 CAD in Hobe Sound, FL 33455
Investment Highlights
- Shovel-ready, fully entitled mixed-use project in Hobe Sound's CBD, representing the only new construction delivered in the area in 20 years.
- Post-sellout, investors retain a newly constructed mixed-use asset financed with permanent fixed-rate debt and stabilized by diversified income.
- On a premier corner lot between Jupiter Island and major westward luxury developments, benefiting from high-wealth concentration and low competition.
- Six luxury townhomes fronting SE Bridge Road provide a near-term exit, returning all investor equity and fully retiring the construction loan.
- Mixed-use project includes three high-quality apartments and three street-level commercial spaces, supporting durable NOI from various demand drivers.
- Final-stage site plan approvals, including completed South Martin Regional Utility approval, reduce entitlement risk and accelerate construction.
Executive Summary
±0.64-acre corner parcel offered with full site plan approvals in place for the Banyan Groves mixed-use project—significantly reducing development timeline, entitlement risk, and upfront soft costs.
Irreplaceable Entitlements in a Highly Regulated Market
Located within Martin County’s stringent Smart Growth framework, which restricts height, density (6–10 units/acre), and FAR—making approvals of this scale extremely difficult to replicate today.
Surrounded by Ultra-High-Net-Worth Demographics
Located between some of the most affluent communities in the country, including Jupiter Island to the east and elite golf enclaves such as Apogee Golf Club, Grove XXIII, and Atlantic Fields to the west.
High Barriers to Entry / Limited Future Supply
Strict zoning regulations and limited available land within the CRA create a supply-constrained environment, positioning the project for strong long-term value and demand.
Comprehensive Data Room Available
Includes architectural plans, civil engineering drawings, site plans, topographic and boundary surveys, geotechnical reports, and plat plans—providing a seamless transition to development.
Property Facts
| Price | $6,509,447 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.64 AC |
| Property Type | Land | ||
| Zoning | Hobe Sound Redevelopment | ||
| Price | $6,509,447 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.64 AC |
| Zoning | Hobe Sound Redevelopment |
1 Lot Available
Lot
| Price | $6,509,447 CAD | Lot Size | 0.64 AC |
| Price Per AC | $10,171,011.46 CAD |
| Price | $6,509,447 CAD |
| Price Per AC | $10,171,011.46 CAD |
| Lot Size | 0.64 AC |
Presenting a rare opportunity to acquire a fully site plan approved, mixed-use development lot known as Banyan Groves, located at the prominent corner of SE Bridge Road and SE Lares Avenue & Anstis Place in the heart of Hobe Sound, Florida.
Description
Banyan Groves is a ±0.64-acre, fully site plan approved mixed-use development site located at a prime corner in Hobe Sound’s Central Business District. Entitlements are in place for a boutique project featuring six luxury townhomes and an ±8,300 SF mixed-use building with ground-floor retail/restaurant and residential units above. Positioned between affluent enclaves such as Jupiter Island and premier golf destinations including Grove XXIII, the site benefits from exceptional demographics and demand. With no comparable projects in the pipeline and strict Smart Growth regulations limiting future development, Banyan Groves offers a rare, shovel-ready opportunity in a supply-constrained market.
Property Taxes
| Parcel Number | 34-38-42-000-078-00040-9 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $647,792 CAD |
Property Taxes
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9025 SE Bridge Rd - Fully Entitled Mixed-Use Development Site
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