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Lot/land
  • $3,350,000

    2405 S 25th Street, Fort Pierce, FL 34947

    --beds
    --baths
    7.29Acres
    Unimproved Land
    Built in ----
    7.29 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This 7.29-acre parcel presents a unique investment opportunity, strategically located near Indian River State College, HCA Florida Lawnwood Hospital, Lawnwood Stadium, and the St. Lucie County Administrative Offices. Ideal for residential development, the property is currently zoned for up to 10 units per acre, with the potential for up to 150 units through bonus density requirements. A pre-luminary due diligence report is included, further detailing the development possibilities. Previously approved for 48 townhomes in 2006, the site is well-positioned for profitable development. Included with this offering is an adjacent 2.42-acre lot (Parcel ID 242050400210006), enhancing the investment potential. The property's value is further boosted by its proximity to the upcoming 1 million square foot Amazon distribution hub at Midway and I-95, just a few miles away. Additionally, the parcel is conveniently located minutes from major highways like the Turnpike and I-95, and just a short drive to the beach. Owner financing is available with 50% down, presenting an excellent opportunity for investors and high-value buyers. This is a rare chance to invest in a rapidly growing real estate market in a prime location. Don't miss out on this great opportunity to explore the extensive potential of these development sites. Call us today!
    350 days
    on Zillow
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    53
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    Zillow last checked: 7 hours ago

    Listing updated: August 31, 2024 at 12:52am

    Listed by:

    Kimone S Fearon 561-294-8172,

    EXP Realty LLC

    Source: BeachesMLS,MLS#: RX-11016655MLS LogoOriginating MLS: Beaches MLS
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    Facts & features

    Interior

    Video & virtual tour

    Property

    Features
    • Frontage length: Lot Frontage: 327.98
    Lot
    • Size: 7.29 Acres
    • Features: 5 to 10 Acres, Sidewalks, West of US-1, Sidewalk, Traffic Medium, City Lot
    • Residential vegetation: Mostly Pine, Sabal Palm, Brush
    Details
    • Additional parcels included: 242050400210006
    • Parcel number: 242014100010007
    • Zoning: Medium

    Utilities & green energy

    • Sewer: Municipal Sewer
    • Water: Public Water
    • Utilities for property: None, Cable Available, Electricity Available, Trash Removal

    Community & HOA

    Community
    • Subdivision: Metes And Bounds
    Location
    • Region: Fort Pierce

    Financial & listing details

    • Annual tax amount: $16,141
    • Date on market: 8/29/2024
    • Listing terms: Cash
    • Road surface type: Paved
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