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604 W Midway Rd - 604, 706 & TBD W Midway Rd 14.85 Acres of Commercial Land Offered at $7,439,742 CAD in Fort Pierce, FL 34982

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EXECUTIVE SUMMARY

15+/- Acres of High Density (15 units per acre) Multifamily Residential land located within the city limits of Fort Pierce, in rapidly growing St. Lucie County. The site sits just west of South Federal Highway (South US Highway-1), within walking distance to public transportation, shopping, grocery, and fitness.
The City of Fort Pierce's "Innovative Residential Development" and/or affordable housing criteria could provide potential t significantly increase the maximum allowed density from its current 15 units per acre.

PROPERTY FACTS

Price $7,439,742 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 14.85 AC
Zoning R-5 & C-2 - High Density & Neighborhood Commercial

1 LOT AVAILABLE

Lot

Price $7,439,742 CAD
Price Per AC $500,992.73 CAD
Lot Size 14.85 AC

DESCRIPTION

15+/- Acres of High Density (15 units per acre) Multifamily Residential land located within the city limits of Fort Pierce, in rapidly growing St. Lucie County. The site sits just west of South Federal Highway (South US Highway-1), within walking distance to public transportation, shopping, grocery, and ?tness. The City of Fort Pierce's "Innovative Residential Development" and/or a?ordable housing criteria could provide potential t signi?cantly increase the maximum allowed density from its current 15 units per acre.

  • Listing ID: 32878036

  • Date on Market: 2024-08-19

  • Last Updated:

  • Address: 604 W Midway Rd, Fort Pierce, FL 34982

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