31400 Monterey Rd For Sale
S Kanner Highway, Stuart, FL 34994

$1,895,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R11157240
  • List Price: $1,895,000
  • Taxes:$19,341
  • Waterfront:YES
  • Listing Date:January 23, 2026
  • Days On Market:280

Description


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.

Features


  • Waterfront:NavigableWater, OceanAccess

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker