Premier Brokers International
0 S Kanner Highway, Stuart, FL 34994
Price reducedBeachesMLS
Price reducedMLS® R11157240
$1,895,000

↓ Price reduced $1,605,000 on Sep 25, 2026

0 S Kanner Highway, Stuart, FL 34994

Beds
—
Baths
0
Sqft
—
Est. payment$12,393/mo
Home type
Unimproved Land
Year built
—
Lot size
113,256 sqft
Price / sqft
—
HOA
$0/mo
Community
31400 Monterey Rd

Property 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.

Listing activity

Days on market
248
Listed
Jan 23, 2026
MLS listing updated
Sep 28, 2026
Feed last checked
7 minutes ago

Listed by Holly Meyer Lucas · Compass Florida, LLC (Jupiter)

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

View
Lagoon
Waterfront
Ocean Access, Navigable Water
Waterfront property
Yes

Lot

Lot size
113,256 sqft
Lot size (acres)
2.6 acres
Zoning
WRC
Road frontage
County Road, Highway
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
East
Utilities & green energy

Utilities

Utilities
None, Other
Community & HOA

Community

Subdivision
31400 Monterey Rd
MLS area
6080 - Stuart - North of Indian St
MLS subarea
MRTC - Martin County

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Stuart
County
Martin
ZIP code
34994
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
R11157240
Possession
Negotiable
Original list price
$3,500,000
Parcel number
163841001000002910
Annual property tax
$19,341.77
Tax year
2025
Tax legal description
THAT PART OF GOV LOT 5 IN 16-38-41, STARTING AT THE POINT WHERE THE WESTERLY ROW OF ST RD 76 INTERSECTS THE NORTH LINE
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Martin
Days On Market
248
Direction Faces
East
List Price
1895000
Listing Contract Date
2026-01-23
Lot Size Acres
2.6
MLSArea Major
6080 - Stuart - North of Indian St
MLSArea Minor
MRTC - Martin County
Mls Status
Active
On Market Date
2026-01-23
Photos Count
5
Postal Code
34994
Price Change Timestamp
2026-09-25T20:25:57Z
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Frontage Type
County Road, Highway
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-01-23T18:45:20Z
Subdivision Name
31400 Monterey Rd
Waterfront Features
Ocean Access, Navigable Water
Tax Annual Amount
19341.77

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jan 23, 2026ListedBeachesMLS$3,500,000
Sep 25, 2026Price reducedBeachesMLS$1,895,000

Public tax history

YearProperty taxesAssessment
2025$19,342—

Payment calculator

Estimated monthly payment$12,393/moIllustrative estimate, not a loan offer.
Principal & interest
$9,833
Property taxes
$1,612
Insurance
$948
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

31400 Monterey Rd

Stuart · Martin County · 34994

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of Compass Florida, LLC (Jupiter). All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.