2400 SW Kanner Highway, Stuart, FL 34997

$16,200,000
Property Type: Land & Docks Lot Size (sq. ft.): 14,489,362 Status: Closed
Current Price: $16,200,000 List Date: 4/27/2021 Last Modified: 9/08/2026

Overview

Description

This once in a generational opportunity to own one of the largest parcels in Stuart. THE TOTAL ACREAGE IS 726 ACRES. Property was once home to the Phipps family's polo fields. The property features pristine land with tremendous wildlife and beautiful mature oak trees. The property also has 2 homes, a workshop, kennel and barn.

Listing Details MLS# R10711528

General Property Information

Property Sub Type
Agriculture
Lot Size Acres
726
Lot Size Square Feet
14489362
Minimum Livable Area
1505
Equestrian Features YN
Yes
Direction Faces
North
LP/SqFt
1.21

Property Features

Current Use: Agricultural Development Status: Recorded Plat Documents Available: Aerial Electric: Three Phase Equestrian Features: Stall(s) Fencing: Fenced Location of Property: Agricultural/Residential Other Structures: Barn(s); Utility Barn(s) Sewer: Septic Tank Trees: Mostly Oaks; Partial Tree Coverage Utilities: Cable Available; Electricity Available; Phone Available Vegetation: Brush; Grassed Listing Terms: Cash; Conventional Lot Features: Cleared; Drainage; Many Trees; Pasture; Utility Building Road Frontage Type: Private Road; West of US-1; Other Tax Information: Agricultural Exemption Water Source: Public; Well Showing Requirements: Call Listing Agent; Text Listing Agent Contingencies: Inspection Acreage Description: 10 Or More Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
17500000
LP/Acre
24104.68

Location and Legal

County Or Parish
Martin
County Parish Name
Martin
Street Number
2400
Street Direction Prefix
SW
Street Name
Kanner
Street Suffix
Highway
City Name
Stuart
State Or Province
FL
Postal Code
34997
Postal Zip
34997
Subdivision Name
TROPICAL FRUIT FARMS
Area
6120 - Stuart - Southwest
Geographic Area
MRTC - Martin County
Parcel Number
2439400000010002081939410000020000081839410000
Multiple Offers Accepted
Yes
Zoning
6300 - 6300 Gra
Directions
I95, West on Kanner Hwy, two miles on the left.

Financial Information

Tax Year
2020
Tax Annual Amount
2602.65
Tax Legal Description
THAT PORTION OF SEC 23 & 24-39-40 LYING SOUTH AND EAST OF THE RIGHT OF WAY OF STATE ROAD 76 LESS 60.00 ACRES BEING MORE

Status Change Information

Major Change Timestamp
2021-08-24T23:03:15Z
Major Change Type
Status Change
Status Change Date
2021-08-24
Under Contract Date
2021-05-01
Close Date
2021-08-23
Close Price
16200000
Buyer Financing
Cash
SP/Acre
22314.05

More Information

Short Sale Details

Short Sale Addendum
No

Price Calculations

Current Price To SqFt
10764.12
Original List Price To Close Price
1.08

Originating Details

Originating System Key
20210427202351862778000000
Originating System ID
M00000170
IDX
Listing Office: Compass Florida LLC
Last Updated: September - 08 - 2026
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