$1,895,000
0 S Kanner Highway
31400 Monterey Rd
Explore the area: Stuart homes for sale · Martin County real estate
Price Check
How this price compares
- List price
- $1,895,000
- Price per sq ft
- N/A
- Original price
- $3,500,000
- Days on market
- 260
This lot in ZIP 34994 is listed at $1,895,000. The asking price has come down 45.9% from its original $3,500,000. It has been on the market for 260 days.
Estimated monthly payment
$9,959 /mo
Principal and interest only, based on $379,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,895,000
- Days on Site
- 260 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 2.6 Acres
- Property Type
- Land
- MLS #
- R11157240
- Property Tax
- $19,342 (2025)
- Subdivision
- 31400 Monterey Rd
- County
- Martin
- Status
- Active
About This Property
Exceptional 2.60± acre waterfront development opportunity on the South Fork of the St. Lucie River with prominent S. Kanner Highway frontage. This WRC-zoned property offers a rare combination of waterfront access and extensive prior development work already completed. Available due diligence includes a PAMP associated with the former Pelican Bay project, a comprehensive 14-page engineered Pelican Bay development plan set with site planning, paving, grading, drainage, stormwater and utility plans, boundary survey and environmental assessment. An active FDEP waterfront permit, extended through November 2029, includes a 9-slip marina/docking configuration, dredging and shoreline improvements, subject to permit conditions and any additional required approvals. The historical development plans provide a valuable starting point for a developer to evaluate the site's current potential, while the waterfront location and Kanner Highway frontage create a unique opportunity for future development. Conveniently located near Downtown Stuart, US-1 and I-95. Extensive property documentation is available for review. Buyer to independently verify current zoning, density, wetlands, buildable area, development rights, permits and intended use.
General Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- East
- Lot Size (Acres)
- 2.6
- Zoning
- WRC
Exterior Features
- Lot Features
- Two To Three Acres / Rural Lot
- Waterfront
- Yes
- Waterfront Features
- Navigable Water / Ocean Access
- View
- Lagoon / Mangroves
Community & HOA
- Utilities
- None / Other
- Financing Terms
- Cash / Conventional / Lease Option / Other
- MLS Area
- 6080 - Stuart - North of Indian St
Features & Amenities
About the Area
Browse Stuart homes for sale across every neighborhood and price point in Martin. Available homes span single-family, townhome, and condo segments throughout the city. Stuart includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Martin, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Martin market data, see Florida Realtors' monthly statistics. Browse the latest Stuart listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 669
- Under Contract
- 161
- Median List Price
- $420,000
- Median Sale Price (September)
- $417,500
- Median $/Sq Ft
- $274
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 0 S Kanner Highway, Stuart, FL 34994?
- Use the Tour button on this listing to request a showing of 0 S Kanner Highway, Stuart, FL 34994. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 0 S Kanner Highway, Stuart, FL 34994 still available?
- 0 S Kanner Highway, Stuart, FL 34994 is currently listed as Active, and has been on the market 260 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 0 S Kanner Highway, Stuart, FL 34994?
- With 20% down ($379,000) on the $1,895,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 0 S Kanner Highway, Stuart, FL 34994 is about $9,959/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 0 S Kanner Highway, Stuart, FL 34994?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 0 S Kanner Highway, Stuart, FL 34994. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 0 S Kanner Highway, Stuart, FL 34994?
- Often, yes. The right offer on 0 S Kanner Highway, Stuart, FL 34994 depends on how it's priced against comparable land sales in Stuart, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC (Jupiter)
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,895,000
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Listed by Holly Meyer Lucas, Compass Florida, LLC (Jupiter)
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in ZIP 34994
These are the last 6 recorded closings in ZIP 34994, with the price each home actually sold for rather than what it was listed at. They closed at a median of $298 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$315,000
Sold · October 13, 2026
913 SE FORREST PARK Drive
3 bed · 2 bath · 1,058 sqft · $298/sqft
$10,000 under the asking price
Sold$410,000
Sold · October 13, 2026
384 SE Sea Hunt Way
3 bed · 2.5 bath · 1,804 sqft · $227/sqft
$5,000 under the asking price
Sold$242,000
Sold · October 9, 2026
1200 SE Parkview Place F-5
3 bed · 2 bath · 1,264 sqft · $191/sqft
$3,500 under the asking price
Sold$435,105
Sold · October 9, 2026
70 SW Hideaway Place
2 bed · 1 bath · 1,007 sqft · $432/sqft
$33,895 under the asking price
Sold$600,000
Sold · October 8, 2026
536 SW Halpatiokee Street
3 bed · 2 bath · 1,292 sqft · $464/sqft
$9,000 under the asking price
Sold$95,000
Sold · October 8, 2026
1983 SW Palm City Road C
1 bed · 1 bath · 699 sqft · $136/sqft
$3,000 under the asking price
See every recorded sale in ZIP 34994 or find out what your ZIP 34994 home is worth.
