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This 18+/- acre multi-family development site consists of four parcels. Parcel One is 1.47+/- acres with frontage along Mars Road. This parcel is zoned COR-2, Commercial Office/Residential. Parcel Two is 2.15+/- acres with frontage on SE Mars St and SE Neptune St. This parcel is zoned RM-5, Low Density Residential.Parcels Three and Four span a total of 14.88+/- acres. These two parcels are located along SE Federal Hwy, abut the Banner Lake community to the west, with prestigious Pine School campus located to the south. A final site plan, known as Hobe Sound Village (Phase 1), has been submitted for these two parcels. The gross residential density of the project is 6.05 units per acre. Existing zoning for these two parcels is COR-2, Commercial Office/Residential and RM-5, Low Density Residential.
SVN Florida PB LLC