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PinnacleTCRE

0 SE Morningside Drive, FL (MLS# B26023390)

0 SE Morningside Drive, FL

New Listing
$2,595,000
Property Type: Commercial Sale Square Footage: 23,260 Status: Active
Current Price: $2,595,000 List Date: 5/02/2026 Last Modified: 5/02/2026

Overview

Description

Coconut Cay 20 unit site is centrally located in South Stuart just west of Mariner Sands Country Club off US1. This site is 2 acres and is ready to be developed. All infrastructure is installed including 1 completed unit and management office/ GYM. Coconut Cay has flexibility with use and exit strategy; moreover, creating HOA docs would give the opportunity of selling the units off individually. The Northwestern portion of the property is the green area/ water retention area known as the preserve area. The entrance to the property is on Morningside Drive.

Supplements: Landmark Investments is pleased to present Coconut Cay, a premier 20-unit development opportunity ideally located in South Stuart, just west of Mariner Sands Country Club and moments from US-1. Spanning approximately 2 acres, the site is fully prepped for development with all major infrastructure already in place. The property includes one complet ...

Listing Details MLS# B26023390

General Property Information

Number Of Buildings
21
Property Sub Type
Multi Family
Number Of Units Total
20
Building Area Main
23260
Building Area Source
Plans
Year Built
2026
Year Built Details
FULLY APPROVED SITE FOR 20 MULTI FAMILY UNITS
Parking Total
40
Lot Size Area
87120
Lot Size Acres
2
Accessibility Features YN
No
Stories Total
2

Property Features

Building Features: Free Standing; Laundry Facilities Business Type: Rental Ceiling: Ceiling Height Varies Documents Available: Aerial Photo(s); Drawings; Existing Survey; Personal Property Inventory; Site Plans Electric: 200+ Amp Service Flooring: Laminate; Wood Foundation Details: Slab Heating: Central; Heat Pump Location of Property: County Location; Near Airport; Other Parking Features: Assigned; Covered Possession: Close Of Escrow Property Condition: To Be Built Sale Includes: Building; Fixtures; Land Special Listing Conditions: Standard Sprinkler Description: Other Sprinkler Tenant Pays: Cable TV; Inside Insurance; Insurance Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Ductless; Heat Pump Listing Terms: Cash; Contract; Conventional Lot Features: Landscaped Other Equipment: Irrigation Equipment; Call Listing Agent Road Frontage Type: City Street; County Road Road Surface Type: Concrete Roof: Metal Security Features: Carbon Monoxide Detector(s) Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Phone Available; Sewer Available; Water Available; Underground Utilities Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent Acreage Description: 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2595000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Martin
Street Direction Prefix
SE
Street Name
Morningside
Street Suffix
Drive
State Or Province
FL
Postal Code
34997
Area
6140 - Hobe Sound/Stuart - South of Cove Rd
Geographic Area
MRTC - Martin County
Parcel Number
363841003000001100
Zoning
Multi Family
Directions
US 1, West on Morningside Dr and site is on the North side of the road
Building Name
COCONUT CAY 20 UNIT MULTI FAMILY SITE
Property Description
20 UNITS MULTI FAMILY

Financial Information

Tax Annual Amount
8664.49
Tax Year
2025
Tax Legal Description
STUART GARDENS, PART OF TRACT 11 DESC AS: BEG SW COR LOT 11, N 86.96', E 238.1', N 30DEG E 195.03', S 62DEG E TO W R/W OF SE MORNINGSIDE DR,

Status Change Information

Major Change Timestamp
2026-05-02T21:54:56Z
Major Change Type
New Listing
Status Change Date
2026-05-02

More Information

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
21
Separate Gas Meters YN
No
Separate Water Meters YN
No

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
20
Full Baths
Yes
Annual Rent
1875
Seasonal Rent
3000
Seasonal Rent Period
Month

Showing Details

Pet(s) on Premises
No
Showing Contact Phone
772-708-1518
Showing Instructions
Call Listing Agent for details. Mel Robinson 772-708-1518

Originating Details

Originating System Key
20260502124916626320000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

200+ Amp Service
Yes

Flooring

Laminate
Yes
Wood
Yes

Foundation Details

Slab
Yes

Parking Features

Assigned
Yes
Covered
Yes

Property Condition

To Be Built
Yes

Special Listing Conditions

Standard
Yes

Documents Available

Aerial Photo(s)
Yes
Drawings
Yes
Existing Survey
Yes
Personal Property Inventory
Yes
Site Plans
Yes

Tenant Pays

Cable TV
Yes
Inside Insurance
Yes
Insurance
Yes

Location of Property

County Location
Yes
Near Airport
Yes
Other
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Phone Available
Yes
Sewer Available
Yes
Water Available
Yes
Underground Utilities
Yes

Building Features

Free Standing
Yes
Laundry Facilities
Yes

Business Type

Rental
Yes

Ceiling

Ceiling Height Varies
Yes

Heating

Central
Yes
Heat Pump
Yes

Sale Includes

Building
Yes
Fixtures
Yes
Land
Yes

Sprinkler Description

Other Sprinkler
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Contract
Yes
Conventional
Yes

Lot Features

Landscaped
Yes

Other Equipment

Irrigation Equipment
Yes
Call Listing Agent
Yes

Road Frontage Type

City Street
Yes
County Road
Yes

Road Surface Type

Concrete
Yes

Roof

Metal
Yes

Security Features

Carbon Monoxide Detector(s)
Yes

Water Source

Public
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Ductless
Yes
Heat Pump
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Acreage Description

2 To Less Than 3 Acre Lot
Yes
IDX
Listing Office: Landmark Investments & Real Estate
Last Updated: May - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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