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)
1500 SE Cove Road, Stuart, FL
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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