$2,200,000
Fort Pierce, FL 34947
MLS# RX-10975619
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Property Description
An exceptional opportunity awaits with this prime 4.87-acre parcel, perfectly positioned in a highly coveted locale near Indian River State College, Lawnwood Medical Center, and the St. Lucie County Administrative Offices. This property offers immense potential for innovative residential development, boasting zoning allowances for up to 10 units per acre as per Tax Assessor Zone, with the possibility of up to 12 units per acre through bonus density justification. Furthermore, conditional uses such as group living, fraternal organizations, nursing homes, and religious institutions add to its versatility. The property's appeal is further amplified by the presence of essential utilities, including a 12-inch water main and gravity sewer lines, conveniently located on-site.
Details
Maps
Documents
Contract Information
Listing Date: 2024-04-05
Status: Active
Original List Price: 2200000
Auction: No
List Price: $2,200,000
Current Price: $2,200,000
List Price/Acre: 451745.38
Comm/Non-Rep: 2%
Comm/Buyer Agent: 2%
Comm/Trans Brk: 2%
General Property Description
Type: Agricultural
Lot SqFt: 212137
Lot Frontage: 327.98
Acres: 4.87
Waterfront: No
Subdivision: METES AND BOUNDS
Front Exp: South
Homeowners Assoc: None
Directions: Virginia Ave to 25th St then south on 25th property on the West side of road.
Location, Tax & Legal
Area: 7060
Geo Area: SL07
Country: United States
County: St. Lucie
Parcel ID: 242014100010007
Street #: 2205
Street Dir: S
Street Name: 25th
Street Suffix: Street
State/Province: FL
Zip Code: 34947
Legal Desc: 20 35 40 N 1/2 OF NE 1/4 OF SE 1/4 OF NE 1/4-LESS E 40 FT AND THAT PART OF N 296.87 FT OF VAC 27 ST ADJ ON W AS IN OR 4
Zoning: Medium
# Parcels: 2
Tax Year: 2023
Taxes: 16141.8
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
Geo Lat: 27.421639
Geo Lon: -80.351319
Office/Member Info
DXORIGMLNO: RX-10975619
DXORIGMLSID: RML
Property Features
Land Use: Multi-Family Med Den
Lot Description: 5 to 10 Acres; Paved Road; Public Road; Sidewalks; West of US-1
Develop Status: Recorded Plat
Improvements: None
Utilities Avail: Cable; Electric; Municipal Sewer; Public Water; Trash Removal
Utilities On Site: None
Ground Cover: Brush
Roads: City/County Maint.
Miscellaneous: Sidewalk; Traffic Medium
Avail Docs: None
Trees: Mostly Pine; Sabal Palm
Terms Considered: Cash
Possession: At Closing
Supplements
Notably, this site was previously approved for 48 townhomes in 2006, indicating its readiness for lucrative investment and development opportunities.
In addition, the allure of this location is heightened by the emergence of a colossal 1 million square foot distribution hub by Amazon at Midway and I-95, just a mere few miles away. This strategic proximity to a major distribution center presents an enticing prospect for potential buyers, accentuating the property's desirability and investment potential.
Don't miss out on this extraordinary opportunity to capitalize on the thriving real estate market in this highly desirable area. Call us today to explore this prime development site and unlock its boundless possibilities!
Zoning Allowances 
Listing Office: EXP Realty, LLC
Last Updated: April - 28 - 2024
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Thursday 2nd of May 2024 08:00 AM