HOBE SOUND, MARTIN COUNTY, FLORIDA RESIDENTIAL LAND FOR SALE

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1 HOBE SOUND, MARTIN COUNTY, FLORIDA RESIDENTIAL LAND FOR SALE 2 PARCELS 35 TOTAL ACRES N CORSET ESTATES TOMMY S POINT

2 INVESTMENT OVERVIEW EXECUTIVE SUMMARY Two residential parcels of land totaling 35.4 acres, net developable acres located in Hobe Sound, FL. Both parcels are located on SE Gomez Ave, east of US Highway 1 and west of the Intracoastal Waterway. The property is broken into two parcels. The northern parcel (Corset Estates) is adjacent to Jimmy Graham Park. Corset Estates is a total of acres with 7.77 developable acres consisting of twelve (12) single family home lots. The southern parcel (Tommy s Point) consist of approximately acres of which 5 acres are developable into eight (8) single family home lots. The current owners are in the process of submitting the plat and Standard Subdivision Site Plan through Martin County for both parcels. ASKING PRICE FOR BOTH PARCELS: $2,200,000 ASKING PRICE - CORSET ESTATES: $1,320,000 ASKING PRICE - TOMMY S POINT: $880,000 ZONING Zoning: Minimum Lot Size: RE-1/2A (Unincorporated Martin County) 21,780 SF Minimum Lot Width: 100 Setbacks: Front: 25 Side: 15 Rear: 15 Max Building Height: 30

3 CORSET ESTATES - DESCRIPTION CORSET ESTATES Address 8755 SE Gomez Ave Hobe Sound, FL Lots Twelve (12) lots total. Seven (7) lots 100 x218. Five (5) lots 125 x178 Parcel # Land total acres / 7.77 developable acres 2018 Taxes $7,093 Asking Price $1,320,000

4 TOMMY S POINT - DESCRIPTION TOMMY S POINT Address 8530 SE Dottie Way Hobe Sound, FL Lots Eight (8) lots total. Seven (7) of the lots are 155 x 140. One (1) lot is 100 x 135. Parcel # Lot 8 14,000 SF Land total acres / 5.0 developable acres $5,783 Asking Price 2018 Taxes $880,000

5 TRADE MAP TRADE MAP WITHAM FIELD SD L WY A ER EH D FE IXI S Y HW 00,5 27 D VP

6 DEMOGRAPHICS HOBE SOUND 5 MILE RADIUS - KEY FACTS 38,076 Population 2.1 Average Household Size 58.2 Median Age $53,759 Median Household Income BUSINESS 1 MILE 939 Total Businesses 7,386 Total Employees SCHOOLS Hobe Sound Elementary Murray Middle School South Fork High School 5 MILES 3 MILES $53,759 Median Household Income INCOME $40,918 Per Capital Income $240,962 Median Net Worth

7 AREA OVERVIEW HOBE SOUND Unique in so many ways, Hobe Sound sits in the most environmentally sensitive area of southeastern Martin County. Here you can discover an understated elegance. With its collection of antique shops, funky eateries, art galleries, and nature parks, Hobe Sound embodies the definition of small beach town charm. Centrally located between Jupiter and Stuart along Florida s Atlantic coast, Hobe Sound is home to some of the most beautiful nature spots in the state. Travelers from all around the world enjoy the pristine beaches, unspoiled parks and championship golf courses of Hobe Sound. Explore nearby Jonathan Dickinson State Park for camping and canoeing or Blowing Rocks Preserve to view the limestone-studded beach. At high tide, particularly in winter and after storms, water is forced through the holes in the rocks as high as 50 feet in the air. Snorkelers are fond of the preserve s limestone formations, the largest on the nation s east coast, found right in Hobe Sound. NEAREST AIRPORT Witham Field Airport Palm Beach International Airport

8 N CORSET ESTATES TOMMY S POINT PRESIDENT STIGLIANO COMMERCIAL REAL ESTATE

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