18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY
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1 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL Robert Hamman Senior Advisor SVN Florida Commercial Real Estate Advisors 810 Saturn Street, Suite 24, Jupiter, FL
2 Executive Summary OFFERING SUMMARY Sale Price: Lot Size: Zoning: Market: Submarket: Inquire for Pricing 18.0± Acres RM-5, COR-2 South Florida Martin County PROPERTY OVERVIEW Located with 1,116.65± feet along SE Federal Highway (U.S. 1), this is the last major hard corner for development in Hobe Sound. This 18± acre site is a great location for a residential, retail, mixed-use development, or an assisted living facility. These four parcels are located on the southwest quadrant of Bridge Road and SE Federal Highway. This is the last major hard corner for development in Hobe Sound. Minutes to I-95, championship golf courses and Jupiter Island. Jupiter Island is consistently ranked as one of the wealthiest communities in the country. It is known as home to Tiger Woods, Greg Norman, Nick Price, Celine Dion and many others. LOCATION OVERVIEW Situated between Jupiter and Stuart, Hobe Sound is the southernmost town along U.S. 1 in Martin County. This property is locate on the west side of SE Federal Highway (U.S. 1), along the southwest quadrant of Bridge Road and Federal Hwy. DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Total Households 1,190 5,673 11,019 Total Population 2,942 13,753 25,309 Average HH Income $79,602 $83,214 $85,811 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 2
3 Parcel Breakdown 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 3
4 Conceptual Site Plan (All Parcels) 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 4
5 Conceptual Site Plan (Parcels 3 & 4) 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 5
6 Parcel 1 (1.47± Acres) PROPERTY DIMENSIONS: X X X ± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 6
7 Parcel 2 (2.14± Acres) PROPERTY DIMENSIONS: 381 X 120 X 20 X 120 X 401 X ± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 7
8 Parcels 3 & 4 (14.85± Acres) PROPERTY DIMENSIONS: X X X ± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 8
9 Zoning Information COR-2 (Commercial Office/Residential District) Permitted uses include single-family, multi-family, townhouse, office, financial institute, medical services, RV park and more. Maximum Residential Density = 10 units per acre RM-5 (Low Density Residential District) Permitted uses include single-family, multi-family, townhouse, day care, residential care facility and more. Maximum Residential Density = 5 units per acre For all zoning information regarding this property, please visit Municode
10 Survey (Parcels 3 & 4) 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 10
11 Retailer Map 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 11
12 Hobe Sound Information 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 12
13 Demographics Report 1 MILE 3 MILES 5 MILES Total population 2,942 13,753 25,309 Median age Median age (Male) Median age (Female) Total households 1,190 5,673 11,019 Total persons per HH Average HH income $79,602 $83,214 $85,811 Average house value $371,324 $362,243 $301,123 Total Population - White 2,772 13,034 23,963 % White 94.2% 94.8% 94.7% Total Population - Black % Black 4.5% 3.9% 3.4% Total Population - Asian % Asian 0.1% 0.2% 0.4% Total Population - Hawaiian % Hawaiian 0.0% 0.0% 0.0% Total Population - American Indian % American Indian 0.1% 0.2% 0.3% Total Population - Other % Other 0.3% 0.2% 0.3% Total Population - Hispanic ,119 % Hispanic 5.0% 5.3% 4.4% * Demographic data derived from 2010 US Census 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 13
14 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 2,942 13,753 25,309 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,190 5,673 11,019 # of persons per HH Average HH income $79,602 $83,214 $85,811 Average house value $371,324 $362,243 $301,123 ETHNICITY (%) 1 MILE 3 MILES 5 MILES Hispanic 5.0% 5.3% 4.4% RACE (%) White 94.2% 94.8% 94.7% Black 4.5% 3.9% 3.4% Asian 0.1% 0.2% 0.4% Hawaiian 0.0% 0.0% 0.0% American Indian 0.1% 0.2% 0.3% Other 0.3% 0.2% 0.3% * Demographic data derived from 2010 US Census 18± ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL SVN Florida Commercial Real Estate Advisors Page 14
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