Map of Property

Covered Land Play with Income

1940 SE Salerno Rd, Stuart, FL 34997

  • For Sale $2,450,000
  • Property Type VacantLand
  • Lot Size 4.29 Acre
  • Date Updated Aug 7, 2025
Right next to Cleveland Clinic Martin SouthThis 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. $115,800 annually. Contact agent for income & expense projection. Current zoning is A-1A Agricultural, with a Future Land Use designation of Rural Density.
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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

Contacts

broker
Jeffrey D. Chamberlin

SLC Commercial

Location

Getting Around

  • Walk Score ®

    14/100 Car-Dependent

  • Bike Score ®

    29/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Salerno Pizza

    1.13 miles

  • McDonald's

    1.30 miles

  • Charlie's Neighborhood Bar and Grill

    1.34 miles

  • Fugu Tei Japanese Restaurant

    1.69 miles

  • Galaxy Diner

    1.77 miles

  • Joey's Kitchen & Catering

    1.92 miles

  • Gettin Crabby

    1.92 miles

  • Basin Seafood

    1.96 miles

  • Popeyes

    2.05 miles

  • The Reef Waterfront Restaurant

    2.10 miles

  • Indian River State College

    0.47 miles

  • Pinewood Elementary School

    0.61 miles

  • Challenger School

    0.78 miles

  • Dr David L Anderson Middle School

    1.34 miles

  • Port Salerno Elementary School

    1.53 miles

  • Chapman School of Seamanship

    2.01 miles

  • Murray Middle School

    2.02 miles

  • Seawind Elementary School

    2.83 miles

  • Martin County High School

    2.90 miles

  • All About Achieving Learning Centers

    3.59 miles

  • Gertrude Walden Day Care Center

    4.29 miles

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Contact Listing Broker
broker
Jeffrey D. Chamberlin

SLC Commercial

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