SVN | Florida Commercial Real Estate Advisors | 810 Saturn Street, #24, Jupiter, FL 33477 OFFERING MEMORANDUM
HOBE SOUNDVILLAGEBRIDGE ROAD & SE FEDERAL HWYHOBE SOUND, FL 33455
Robert HammanSenior [email protected]
OFFERING SUMMARY
Sale Price: $12,000,000
Lot Size: 18.0± Acres
Zoning: RM-5, COR-2
Market: South Florida
Submarket: Martin County
Price / SF: $15.30
Last major hard corner for development in Hobe Sound. Great location for a multi-family project or Assisted Living Facility.This 18± acre multi-family development site consists of four parcels. Parcel One is 1.47± acres with frontage along MarsRoad. This parcel is zoned COR-2, Commercial Office/Residential. Parcel Two is 2.15± acres with frontage on SE Mars Stand SE Neptune St. This parcel is zoned RM-5, Low Density Residential.Parcels Three and Four span a total of 14.88± acres. These two parcels are located along SE Federal Hwy, abut the BannerLake community to the west, with prestigious Pine School campus located to the south. Existing zoning for these twoparcels is COR-2, Commercial Office/Residential and RM-5, Low Density Residential.
PROPERTY OVERVIEW
These four parcels are located on the southwest quadrant of Bridge Road and SE Federal Highway. This is the last majorhard corner for development in Hobe Sound. Minutes to I-95, championship golf courses and Jupiter Island. Jupiter Islandis consistently ranked as one of the wealthiest communities in the country. It is known as home to Tiger Woods, GregNorman, Nick Price, Celine Dion and many others.
LOCATION OVERVIEW
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 2
Executive Summary
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 3
Lot # Size (AC) Status Description
Parcel One 1.47± Available Parcel One is 1.47± acres with frontage along Mars Road. This parcel is zonedCOR-2, Commercial Office/Residential.
Parcel Two 2.15± Available Parcel Two is 2.15± acres with frontage on SE Mars St and SE Neptune St.This parcel is zoned RM-5, Low Density Residential.
Parcel Three 1.05± Available Parcel Three is 1.05± acres with frontage on SE Mars St. This parcel is zonedRM-5, Low Density Residential.
Parcel Four 13.87± Available Parcel Four is 13.87± acres with frontage on SE Mars St and SE Federal Hwy.COR-2, Commercial Office/Residential and RM-5, Low Density Residential.
Land Lots
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Parcel One
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Parcel Two
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 6
Parcels Three And Four
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Aerial Map
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 8
Aerial Map
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 9
Zoning Map
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 10
Topographic Survey
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 11
Illustrative Site Plan For Parcels 3 & 4 (Phase I)
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 12
Floor Plans
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 13
Floor Plans
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Hobe Sound Information
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 15
1 MILE 3 MILES 5 MILES
Total population 2,942 13,753 25,309
Median age 48.9 49.8 54.1
Median age (male) 48.3 49.3 53.2
Median age (female) 50.1 50.7 54.6
Total households 1,190 5,673 11,019
Total persons per HH 2.5 2.4 2.3
Average HH income $79,602 $83,214 $85,811
Average house value $371,324 $362,243 $301,123
Total Population - White 2,772 13,034 23,963
% White 94.2% 94.8% 94.7%
Total Population - Black 131 530 864
% Black 4.5% 3.9% 3.4%
Total Population - Asian 3 29 101
% Asian 0.1% 0.2% 0.4%
Total Population - Hawaiian 0 1 5
% Hawaiian 0.0% 0.0% 0.0%
Total Population - American Indian 2 22 87
% American Indian 0.1% 0.2% 0.3%
Total Population - Other 9 34 85
% Other 0.3% 0.2% 0.3%
Total Population - Hispanic 148 733 1,119
% Hispanic 5.0% 5.3% 4.4%
* Demographic data derived from 2010 US Census
Demographics Report
HOBE SOUND VILLAGE | BRIDGE ROAD & SE FEDERAL HWY, HOBE SOUND, FL 33455 SVN | Florida Commercial Real Estate Advisors | Page 16
POPULATION 1 MILE 3 MILES 5 MILES
Total population 2,942 13,753 25,309
Median age 48.9 49.8 54.1
Median age (male) 48.3 49.3 53.2
Median age (Female) 50.1 50.7 54.6
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 1,190 5,673 11,019
# of persons per HH 2.5 2.4 2.3
Average HH income $79,602 $83,214 $85,811
Average house value $371,324 $362,243 $301,123
ETHNICITY (%) 1 MILE 3 MILES 5 MILES
Hispanic 5.0% 5.3% 4.4%
RACE (%)
White 94.2% 94.8% 94.7%
Black 4.5% 3.9% 3.4%
Asian 0.1% 0.2% 0.4%
Hawaiian 0.0% 0.0% 0.0%
American Indian 0.1% 0.2% 0.3%
Other 0.3% 0.2% 0.3%
* Demographic data derived from 2010 US Census
Demographics Map
