Map of Property

Covered Land Play with Income

For Sale

1940 SE Salerno Rd, Stuart, FL 34997

This Stuart property for sale is located at 1940 SE Salerno Rd. The current listed sale price for Covered Land Play with Income is $2,950,000. Covered Land Play with Income is situated on a lot that is 4.29 acre in size.

Contacts

broker
Jeffrey D. Chamberlin

SLC Commercial

Property Details

  • Property Type VacantLand
  • Lot Size 4.29 Acre
  • Date Updated Jun 16, 2025
coming soonThis 4.29 acre redevelopment site is located at the corner of Salerno Rd & Tower Drive, and adjacent to Cleveland Clinic's Martin South Hospital and Indian River State College. Short term tenancies offers investors and developers the opportunity to generate income while carrying this investment until ripe for development. Current gross income potential is approx. $126,000 annually. Contact agent for income & expense projection. Current zoning is A-1A Agricultural, with a Future Land Use designation of Rural Density. Seller is in the process of applying for a Future Land Use change to COR (Comm/Ofc/Res), with a zoning of COR-2 (allows office and residential up to 10 UPA).
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Highlights

  • 1,056sf tandem garage
  • 1,300sf storage garage
  • 2BD/1BA 1,250sf apartment above storage garage
  • 3BD/3BA 2,140sf single family home with pool and 2 car garage
  • Site is improved as follows:
  • small office building and pole barn

Getting around

  • 14/100

    Walk Score ®

  • 29/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Stuart, FL
  • Neighborhood Egret Pond
  • Zip Code 34997

Points of Interest

  • Stuart Marathon

    1.05 miles

  • 7-Eleven

    1.12 miles

  • Exxon

    1.64 miles

  • RaceTrac

    1.87 miles

  • Valero

    1.94 miles

  • Mobil

    2.11 miles

  • Cumberland Farms

    2.16 miles

  • Speedway

    2.26 miles

  • Sunoco

    2.39 miles

  • Witham Greenway Trailhead

    4.09 miles

  • Sailfish Parking Lot

    4.87 miles

  • City Hall Lot

    4.96 miles

  • Gilbert's Bar Parking

    5.96 miles

  • Comfort Suites Stuart-Hutchinson Island

    2.10 miles

  • Courtyard Stuart

    2.53 miles

  • Holiday Inn Express Stuart

    2.59 miles

  • Suburban Extended Stay Hotel Stuart

    3.45 miles

  • Monterey Inn and Marina

    3.47 miles

  • Days Inn by Wyndham Stuart

    3.98 miles

  • Best Western Downtown Stuart

    4.03 miles

  • Quality Inn Downtown Stuart

    4.18 miles

  • Royal Palms Motel

    4.63 miles

  • Old Colorado Inn

    4.85 miles

  • Winn-Dixie

    1.23 miles

  • Bealls

    1.39 miles

  • Publix

    1.41 miles

  • Walmart Supercenter

    1.73 miles

  • ALDI

    1.78 miles

  • Asian Specialty Products

    2.24 miles

  • Sprouts Farmers Market

    2.27 miles

  • Two Olive Trees

    2.90 miles

  • Big Lots

    3.16 miles

  • Marshalls

    7.51 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jeffrey D. Chamberlin

SLC Commercial

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