Prime 5.33 Acre Development Opportunity Zoned R4
Located just minutes from the Turnpike and I 95, this 5.33 acre vacant lot offers endless potential with public water, sewer, and two drainage canals. Zoned R4 Residential Medium Density, it allows for single family homes, multi family units (duplex, triplex, quadplex), townhomes, mobile homes or a 58 unit apartment complex.
Situated directly across from Indian River State College, this property is ideal for student housing. Plus, it's conveniently close to Walmart, Starbucks, Lawnwood Hospital, and Lawnwood Sports Complex, a hotspot for baseball and football tournaments.
With its prime location and flexible zoning, this is a fantastic investment and development opportunitydon't miss out!
Prime 5.33 Acre Development Opportunity Zoned R4
Located just minutes from the Turnpike and I 95, this 5.33 acre vacant lot offers endless potential with public water, sewer, and two drainage canals. Zoned R4 Residential Medium Density, it allows for single family homes, multi family units (duplex, triplex, quadplex), townhomes, mobile homes or a 58 unit apartment complex.
Situated directly across from Indian River State College, this property is ideal for student housing. Plus, it's conveniently close to Walmart, Starbucks, Lawnwood Hospital, and Lawnwood Sports Complex, a hotspot for baseball and football tournaments.
With its prime location and flexible zoning, this is a fantastic investment and development opportunitydon't miss out!
Features
Land Information
Lot Features: Irregular Lot, Many Trees, Drainage
Eco-Communities
Water Source: Public
Utilities
Electric: Three Phase
Road Frontage Type: West of US-1, Public Road
Sewer: Public Sewer
Utilities: Electricity Available, Sewer Available, Water Available
Finance and Tax Information
Tax Year: 2024
Other Features
Legal Description: 17 35 40 FROM SE COR OF SW 1/4 OF SE 1/4 RUN WLY ALG S LI OF SEC 25 FT, TH NLY 49.5 FT TO INT N R/W CANAL #7 AND W R/W S
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