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5001 Indrio Rd 10.65 Acres of Residential Land Offered at $4,824,155 CAD in Fort Pierce, FL 34951

INVESTMENT HIGHLIGHTS
- 6 miles from Marina's, The Inlet and beaches,
- Huge development and growth in the area currently and future forcast.
- Beautiful area safe & quiet
EXECUTIVE SUMMARY
For sale clean title and no encumbrances, Owner is open to JV or LP who can finance the build-out. Owner will hold small MTG with a strong Buyer.
Project is ready to permit and start construction. Full Plans included with the sale of this project, ready to submit to building department for Building Permit.
Project is ready to permit and start construction. Full Plans included with the sale of this project, ready to submit to building department for Building Permit.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $4,824,155 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 10.65 AC |
| Property Type | Land | Cross Streets | Slash Pine Trail |
| Zoning | RM-9 - Residential multi-family within the guidelines allowed and approved this project to build 75 Townhouse Units. Currently single tax deed for rental. | ||
| Price | $4,824,155 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 10.65 AC |
| Cross Streets | Slash Pine Trail |
| Zoning | RM-9 - Residential multi-family within the guidelines allowed and approved this project to build 75 Townhouse Units. Currently single tax deed for rental. |
1 LOT AVAILABLE
Lot
| Price | $4,824,155 CAD | Lot Size | 10.65 AC |
| Price Per AC | $452,972.30 CAD |
| Price | $4,824,155 CAD |
| Price Per AC | $452,972.30 CAD |
| Lot Size | 10.65 AC |
Level lot, no wetlands and lightly wooded. With Full Approvals for 75 Townhouse Rentals.
DESCRIPTION
Townhouse Project shovel ready to permit and build 75 Townhouse units. 3 Bedrooms, 2.5 Bathrooms, with 1 car garage.
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5001 Indrio Rd
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