Hobe Sound Polo Club
BlueGate Partners, LLC, and its affiliates was retained on
an exclusive basis by the owner to arrange the sale of the fee simple interest
in Hobe Sound Polo Club which is located on the north side of Bridge Road,
approximately one-half mile east of Interstate 95 (exit 96), west of Hobe Sound
in Unincorporated Martin County, Florida (The “Property” or the “Site”). The
Property is a planned 50-unit, 20-acre home lot equestrian community totaling
approximately 1,757 acres. The Site is zoned Agricultural-1 (“A-1”) with the
prevailing land use of Agricultural (“AG”) by Martin County. The AG designation
is used for agricultural endeavors and other allowable uses including
single-family home developments with a maximum density of one unit per 20
acres. The northernmost 74 acres allowed for a maximum density of up to two
units per acre.