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.
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.
Features
Land Information
Lot Features: Sidewalks
Eco-Communities
Water Source: Public
Utilities
Road Frontage Type: West of US-1, Public Road
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, None
Finance and Tax Information
Tax Year: 2025
Other Features
Legal Description: 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 47
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
Apply Now
