11150-11170 Federal

Description

RARE MULTI-PARCEL INVESTMENT OPPORTUNITY ON US-1 IN HOBE SOUND! Offering includes 11150, 11160 & 11170 SE Federal Hwy and 8389 & 8394 SE Winham Ln. Approximately 6,500 SF of commercial space: a 4,200 SF front building with three retail storefronts and prominent US-1 exposure, plus a separate 2,300 SF rear building. Also included is a fully remodeled duplex with two 2-bedroom, 1-bath units, featuring new flooring, kitchens and roof. An additional large land parcel offers potential for expansion or redevelopment, subject to zoning and approvals. Ideal for investors or owner-users seeking multiple income streams and flexibility in Martin County. Don't miss this unique mixed-use opportunity! Unique mixed-use investment opportunity with multiple potential value-add strategies. Property includes an existing commercial plaza, duplex, detached garage and additional land. Current rents have not been increased in years, creating significant potential upside through future rent adjustments. Additional land located between the duplex and plaza may offer the potential to construct another duplex or expand the existing commercial/plaza space. The detached garage on the far west side of the property has its own electric meter and may potentially be converted into an additional efficiency unit. Excellent US-1/SE Federal Highway exposure in the growing Hobe Sound market, approximately 10 minutes from Hobe Sound Beach and Jupiter Island and approximately 7 miles from I-95. General Commercial Future Land Use and located within the Hobe Sound CRA. Ideal for an investor, owner-user or developer looking for existing income combined with future expansion potential.