$1,950,000
1500 SE Cove Road
Stuart, FL
Explore the area: Stuart homes for sale · Martin County real estate
Price Check
How this price compares
- Asking price
- $1,950,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 63
This commercial property went under contract with an asking price of $1,950,000. It spent 63 days on the market before going under contract.
Estimated monthly payment
$10,248 /mo
Principal and interest only, based on $390,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,950,000
- Days on Site
- 63 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 957 sqft
- Lot Size
- 2.38 Acres
- Year Built
- 1981
- Property Type
- Commercial
- MLS #
- B26010503
- Property Tax
- $464 (2025)
- County
- Martin
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
This convenient location has been rezoned multi family by owner, Survey in hand! There are 3 houses on property presently considered teardown so ready to build! Electric and public water already on site! Access road off Cove Rd on Grace Lane for easy access and a separate driveway for each of the 4 proposed 1/2 acre lots on current survey. Owner had the property rezoned multi family through Martin County sectioning off property into 4 half acre parcels allowing 2 houses per each, one half the size of primary for total of 8 structures. Buyer and buyers broker to use due diligence for your intended purpose for property. Long side of property parallel with Grace Lane apx 620 feet has 6 ft white cement wall in place! THE SITE PLAN FOR THE 6 BUILDINGS IS NOT CLEARED BY THE COUNTY (CONCEPT ONLY)
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Under Contract
- Year Built
- 1981
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- Two
- Lot Size (Acres)
- 2.38
- Total Sq Ft
- 957
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- MULTIFAM
Interior Features
- Cooling
- Wall Window Units
- Heating
- Other
- Flooring
- Other
Exterior Features
- Construction
- Frame
- Roof
- Other
- Lot Features
- Two To Three Acres / Other / Rural Lot
Community & HOA
- Security
- None
- Utilities
- Cable Available / Electricity Connected / Sewer Connected / Water Connected
- Financing Terms
- Cash / Conventional
- MLS Area
- 6120 - Stuart - Southwest
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 1500 SE Cove Road, Stuart, FL?
- Use the Tour button on this listing to request a showing of 1500 SE Cove Road, Stuart, FL. 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 1500 SE Cove Road, Stuart, FL still available?
- 1500 SE Cove Road, Stuart, FL is currently listed as Under Contract, and has been on the market 63 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 1500 SE Cove Road, Stuart, FL?
- With 20% down ($390,000) on the $1,950,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 SE Cove Road, Stuart, FL is about $10,248/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 1500 SE Cove Road, Stuart, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1500 SE Cove Road, Stuart, FL. 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 1500 SE Cove Road, Stuart, FL?
- Often, yes. The right offer on 1500 SE Cove Road, Stuart, FL depends on how it's priced against comparable commercial 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 Dalton Wade Inc
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 July 1, 2026.
$1,950,000
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Listed by Shelley Marko, Dalton Wade Inc
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