Residential Land For Sale

Picture of Residential Land For Sale in Fort Pierce, Florida, United States

$3,350,000

2405 S 25th St
Fort Pierce, Florida, United States

Listed By: Realtyww Info

Listed On: 08/30/2024

Listing ID: GL11359895 View More Details

Description

This prime 7.29-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 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. Owner financing is available with 50% down, making this an exceptional opportunity for savvy investors and high-value buyers. 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!

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Listed by: Kimone Fearon