0 S Kanner Highway, Stuart, FL 34994

$1,895,000 · For sale · Unimproved Land

Listing courtesy of Compass Florida, LLC (Jupiter), brokerfl@compass.com · MLS# R11157240

Listed Jan 23, 2026 · Updated Oct 29, 12:00 PM ET

home in 31400 Monterey Rd, Stuart, FL. No HOA. Waterfront. On the market since Jan 23, 2026 (293 days).

About this home

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.

Facts

MLS#

R11157240

Status

Active

Days on market

293

Original list price

$3,500,000

Home type

Unimproved Land

Lot

2.6 ac

HOA

None

Waterfront

Yes

Taxes

$19,342 (2025)

Subdivision

31400 Monterey Rd

Features

Interior

Property

Subdivision

31400 Monterey Rd

Listing

Listed

January 23, 2026

Original price

$3,500,000

Financing accepted

Cash, Conventional, Lease Option, Other

Tour this home

Brent Sharp, broker and owner of Sharp Real Estate Group LLC, can show you this home and tell you what it is likely worth before you offer. Call or text (772) 272-9571.

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