2205 S 25th Street
Fort Pierce, FL 34947
#RX-10975619
Description
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 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!
Property Details
- Lot FeaturesWest of US-1, Paved Road, Public Road, Sidewalks, 5 to 10 Acres
- Lot DescriptionWest of US-1, Paved Road, Public Road, Sidewalks, 5 to 10 Acres
Construction Details
- Property TypePurchase
Community and Neighborhood Details
- SubdivisionMETES AND BOUNDS
Location
- CountySt. Lucie
- ZoningMedium
Financial Details
- Original List Price$2,200,000
- Taxes Annual$16,141
Other
- MLS #RX-10975619
Location
Legal
© BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Kimone S Fearon (#276558581)
Listing Office: EXP Realty LLC (#261010944)