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

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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.

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
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
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.

  • Listing ID: 36536049

  • Date on Market: 2025-06-29

  • Last Updated:

  • Address: 5001 Indrio Rd, Fort Pierce, FL 34951

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