See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

8531 SE Driftwood Street, Hobe Sound, FL, 33455

--beds
--baths
4,000sqft
$1,550,000
$388price/sqft
$16,305/moest. monthly cost
$652,200/yrincome needed

About This Home

Cleared and ready to build, this canal-front lot in Hobe Sound offers 100 feet of waterfront and exceptional boating convenience. The property features a brand-new seawall, a newly constructed 90-foot dock, and a brand new 16,000 lb boat lift, making it ideal for boaters with easy access to the Intracoastal Waterway. A rare opportunity to design and build your custom waterfront residence while enjoying the relaxed coastal lifestyle Hobe Sound is known for.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

3/10
4/10
Murray Middle SchoolGrades 6-84.4 mi
5/10
South Fork High SchoolGrades 9-127.1 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Features

  • None
  • Flooring: Other

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 6,000
  • Total interior livable area: 4,000 sqft

Kitchen

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Living Room

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Master Bedroom

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Property

Details

  • Parcel number: 343842027000003409
  • Zoning: HR-1
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Room For Pool
  • Has view: Yes
  • View description: Canal,Water
  • Has water view: Yes
  • Water view: Canal,Water
  • On waterfront: Yes
  • Waterfront features: Ocean Access,Seawall
  • Frontage type: Waterfront
  • Frontage length: 100.00,100.00

Lot

  • Lot size: 0.30 Acres
  • Features: 1/4 to 1/2 Acre Lot

Parking

  • Total spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Martin County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,837$94,044
Home Insurance *$6,036$72,432
Property Taxes $2,030$24,360
Electricity $402$4,830
Total$16,305$195,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$559,028/yr
40% on housing$489,150/yr
45% on housing$434,800/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.8%
14.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$388This listing

vs Other Active Listings

Avg $/sqft

ZIP 33455$522
Martin County$354

vs Homes Sold Last Month

Median $/sqft

ZIP 33455$305
Martin County$295

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Pending sale$1,550,000
2026-04-08Listed for sale$1,550,000
2026-01-06Sold$1,340,000
2025-10-25Pending sale$1,498,000
2025-10-03Listing removed$1,498,000
2025-07-21Price change$1,498,000
2025-06-17Listed for sale$1,580,000
2025-05-30Listing removed$1,580,000
2025-03-27Price change$1,580,000
2025-02-26Listed for sale$1,650,000
2024-02-23Sold$1,100,000
2024-01-28Pending sale$1,100,000
2023-09-13Listed for sale$1,100,000
2021-01-08Listing removed--
2020-12-29Listed for sale--
2020-06-30Listing removed--
2020-06-02Listed for sale--
1996-06-04Sold$245,000
1994-03-24Sold$261,500

New Construction

AgentWilliam Volpe
BrokerageSerhant

Similar Homes