Exceptional and rarely available, this 2.66-acre R-2 zoned property offers 193 feet of direct deep-water frontage along the scenic St. Lucie River. With expansive acreage and flexible zoning, the property presents a rare opportunity to create a private waterfront estate, a multi-residence compound, or multiple single-family homes—an increasingly valuable offering in today's market where large, buildable waterfront parcels are limited. Positioned on deep, navigable water, the property allows for effortless boating access to the Atlantic Ocean via the St. Lucie Inlet, as well as westward passage across Florida through Lake Okeechobee and the lock system. The depth and width of the waterway make it ideal for accommodating larger vessels, further enhancing its appeal for boating enthusiasts and those seeking a true waterfront lifestyle. Set in a quiet and private location just one mile from both I-95 and the Turnpike, the property offers a unique balance of seclusion and accessibility. Surrounded by established marine infrastructure, including Lost River Marine, a full-service boatyard capable of servicing vessels up to 100 feet, this location is exceptionally well suited for those with a passion for yachting or waterfront living. With county water and sewer now available, combined with its size, zoning, and deep-water frontage, this property represents a rare and compelling opportunity to develop or design a custom waterfront compound in one of Stuart's most connected and desirable boating locations.
Gated access (appointment required per directions)
Home design
Unimproved land
Recorded plat
Property faces north
Suitable for single-family, multi-family or recreational use
Construction
Lot dimensions approximately 214 x 476 x 158 x 627
Utilities
Public water
Public sewer
Three-phase electric
Cable available, electricity available, water available
Sale and tax history for 332 SW Salerno Rd
Sale History
Tax History
Date
Event
Price
Beaches MLS #B26050901
Jul 10, 2026
Listed
$3,999,999
Beaches MLS #R11106955
Jul 7, 2026
Listing Removed
—
May 15, 2026
Price Changed
$3,999,999
Jul 12, 2025
Listed
$6,997,000
Beaches MLS #R10987940
May 1, 2025
Listing Removed
—
May 15, 2024
Listed
$6,997,000
Public Records
Jul 1, 1987
Sold
$155,000
Year
Property tax
Land + Additions
Assessment*
2025
$6,521 (+5.7%)
$250,430 + $94,000
$344,430
2024
$6,168 (+3.8%)
$250,430 + $94,000
$344,430
2023
$5,940 (+390.8%)
2022
$1,210 (+4.0%)
2021
$1,164 (+4.8%)
2020
$1,111 (+0.6%)
2019
$1,105 (+1.4%)
2018
$1,089 (+6.0%)
2017
$1,028 (+0.2%)
2016
$1,026 (+2.1%)
2015
$1,005 (+4.0%)
2014
$966
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
2.65 Acres
Year renovated
1925
Finished Sq. Ft.
1,200
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,200
Year built
1925
Style
Single Family Residential
County
Martin County
APN
55-38-41-000-041-00022-6
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 23 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Stuart, FL • 34997
Average low and high temperatures (°F)
72
54
77
56
80
62
82
67
88
72
90
74
91
75
91
76
87
75
83
73
80
64
77
61
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in Stuart. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 332 SW Salerno Rd
$3,470,940
$529K under list price of $4.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $442K to $1.5M.