$22,800,000
Hobe Sound, FL 33455
MLS# R10739852
Status: Closed
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Property Description
317 + acres of prime south Florida farmland. Prestigious Hobe Sound location. Land has drainage and irrigation in place. SFWMD general use permits and water use permits are current. Property is 1.75 miles east of Exit 96 / I-95interchange on SR 708 (Bridge Road). Property adjoins the newly proposed Atlantic Fields and Polo Club development,also Michael Jordan's Grove XXIII private golf club. Atlantic Fields is a 317 unit high end golf development being developed by Discovery Land Company, one of the worlds top resort developers
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-08-20
Status: Closed
Original List Price: 24000000
Sold Price: $22,800,000
Current Price: $22,800,000
LP/Acre: 75310.66
Location and Legal
County Or Parish: Martin
County Parish Name: Martin
Street Number: 3995
Street Direction Prefix: SE
Street Name: Bridge
Street Suffix: Road
City Name: Hobe Sound
State Or Province: FL
Postal Code: 33455
Postal Zip: 33455
Subdivision Name: n/a
Area: 6140 - Hobe Sound/Stuart - South of Cove Rd
Geographic Area: MRTC - Martin County
Parcel Number: 253941000002000005
Zoning: AG
Directions: Located 1.75 miles from I-95 and 4 miles from US1
General Property Information
Property Sub Type: Agriculture
Lot Size Acres: 318.68
Lot Size Square Feet: 13881700
Direction Faces: South
LP/SqFt: 1.73
Status Change Information
Major Change Timestamp: 2021-12-09T19:17:20Z
Major Change Type: Status Change
Status Change Date: 2021-12-09
Under Contract Date: 2021-09-17
Close Date: 2021-12-09
Close Price: 22800000
Buyer Financing: Cash
SP/Acre: 71545.12
Short Sale Details
Short Sale Addendum: No
Price Calculations
Original List Price To Close Price: 1.05
Financial Information
Tax Year: 2020
Tax Annual Amount: 7893.33
Tax Legal Description: W 1/2 OF SEC 25 T39S R41E (LESS R/W FOR BRIDGE RD)
Originating Details
Originating System Key: 20210820161525558844000000
Originating System ID: M00000170
Property Features
Current Use: Agricultural
Development Status: Raw Land
Documents Available: None
Location of Property: County Location; Other
Trees: None
Utilities: None
Vegetation: Other
Listing Terms: Cash; Conventional
Lot Features: Cleared; Drainage
Road Frontage Type: Other
Showing Requirements: Call Listing Agent
Contingencies: None
Acreage Description: 10 Or More Acre Lot
Listing Office: Berk Realty
Last Updated: January - 11 - 2026
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