Prime 2.95-acre opportunity in Stuart offering exceptional visibility and future-use potential. Located directly on Kanner Highway, this property features excellent frontage and dual access points, making it highly attractive for investors, developers, or owner-users seeking exposure in a high-traffic corridor.
Currently zoned residential, the site presents strong potential for future commercial use, supported by surrounding development and a brand-new Wawa currently under construction next door. The strategic location offers outstanding positioning for businesses looking to capitalize on area growth and daily traffic flow. An existing tear-down home and barn are located on the property, providing a clear path for redevelopment. With nearly three acres of usable land and proximity to expanding commercial activity, this is a rare opportunity to secure a prominent parcel in one of Stuart's most active growth corridors.
Ideal for investors or end users seeking visibility, accessibility, and long-term upside in a rapidly developing area.
Lot/land
Price cut: $205K (4/15)
$1,995,000
1245 SW Kanner Highway, Stuart, FL 34997
--beds
--baths
2.9Acres
Unimproved Land
Built in ----
2.9 Acres Lot
$561,100 Zestimate®
$--/sqft
$-- HOA
What's special
Dual access pointsExcellent frontageHigh-traffic corridor
- 350 days |
- 68 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Shirlisa J Grehn 561-613-3270,
One Sotheby's Intl. Realty
Source: BeachesMLS,MLS#: R11107419
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Video & virtual tour
Property
Lot
- Size: 2.9 Acres
- Features: 2-3 Acres, City Lot, Other
- Residential vegetation: Brush, Grassed, Other, Partially Wooded
Details
- Parcel number: 073941000001000808
- Zoning: RES
Utilities & green energy
- Utilities for property: Electricity Available, None
Community & HOA
Community
- Subdivision: TROPICAL FARMS
HOA
- Has HOA: No
Location
- Region: Stuart
Financial & listing details
- Tax assessed value: $561,860
- Annual tax amount: $5,933
- Date on market: 7/14/2025
- Cumulative days on market: 350 days
- Listing terms: Cash
- Electric utility on property: Yes
Estimated market value
$561,100
$454,000 - $679,000
$3,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Price change | $1,995,000-9.3% |
Source:  BeachesMLS #R11107419 Report a problem | ||
| 3/10/2026 | Listed for sale | $2,200,000+1366.7% |
Source: BeachesMLS #R11107419 Report a problem | ||
| 5/4/2001 | Sold | $150,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,197 +4.4% | $266,776 +10% |
| 2024 | $5,933 +15.1% | $242,524 +10% |
| 2023 | $5,156 +21.7% | $220,477 +10% |
| 2022 | $4,235 +15.8% | $200,434 +10% |
| 2021 | $3,656 +12.1% | $182,213 +10% |
| 2020 | $3,263 +10.1% | $165,649 +10% |
| 2019 | $2,965 | $150,590 +8.4% |
| 2018 | $2,965 +8.1% | $138,970 -32.6% |
| 2017 | $2,742 | $206,160 -0.2% |
| 2016 | -- | $206,600 +1.2% |
| 2015 | -- | $204,060 +84.6% |
| 2014 | -- | $110,530 -0.2% |
| 2013 | -- | $110,790 -0.4% |
| 2012 | -- | $111,250 -25.3% |
| 2011 | -- | $148,920 +9.2% |
| 2010 | -- | $136,320 -36.8% |
| 2009 | -- | $215,610 -14.3% |
| 2008 | -- | $251,450 -7.4% |
| 2007 | $2,715 -0.6% | $271,500 -0.6% |
| 2006 | $2,730 | $273,010 +18.6% |
| 2005 | -- | $230,270 +181.8% |
| 2000 | $1,059 +3.9% | $81,714 +2.4% |
| 1999 | $1,019 | $79,798 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34997
Nearby schools
GreatSchools rating
- 8/10Crystal Lake Elementary SchoolGrades: PK-5Distance: 1 mi
- 5/10Dr. David L. Anderson Middle SchoolGrades: 6-8Distance: 2.2 mi
- 5/10South Fork High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Martin County
- Stuart
- 34997
- 1245 SW Kanner Highway
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