Fort Pierce, FL 34947

Property

Ownership: For Sale
Type: Land
Lot Size: 4.9 Acres

Financials

Price:$2,200,000
Annual Taxes:$17,534.70
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of EXP Realty LLC

This prime 4. 87 acre parcel is strategically located in a highly desirable area near Indian River State College, Lawnwood Medical Center, and the St.

Description

This prime 4.87-acre parcel is strategically located in a highly desirable area near Indian River State College, Lawnwood Medical Center, and the St. Lucie County Administrative Offices. The property offers tremendous potential for innovative residential development, with zoning allowances for up to 10 units per acre, and the possibility of increasing to 12 units per acre through bonus density justification. Versatile conditional uses, including townhomes, condo, group living, fraternal organizations, nursing homes, and religious institutions, further enhance its investment appeal. The property is equipped with essential utilities, such as a 12-inch water main and gravity sewer lines, conveniently available on-site. Notably, this site was previously approved for 48 townhomes in 2006, showcasing its readiness for lucrative investment and development opportunities. Additionally, an adjacent 2.42-acre lot (Parcel ID 242050400210006) is also available for sale, significantly increasing the overall investment potential. The allure of this location is further elevated by the upcoming 1 million square foot Amazon distribution hub at Midway and I-95, just a few miles away. This prime proximity to a major distribution center dramatically enhances the property's desirability and investment potential. This is a once-in-a-lifetime chance to invest in a thriving real estate market in a highly sought-after area. Don't miss out on unlocking the boundless possibilities these prime development sites offer. Call us today to seize this extraordinary opportunity! Owner financing is available with 50% down and a 10% interest rate, making this an exceptional opportunity for savvy investors and high-value buyers.

Amenities

  • Cable - Available
  • Electricity Available
  • Sewer Available
  • Sidewalks
  • Water Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.