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Executive Summary

FOR SALE – Multifamily Development Opportunity
Key Features:
Zoning: Medium-Density Residential
Development Potential: Approved for up to 20 multifamily units
Existing Structure:
2,580 SF single-family home
Brand new roof recently installed
Ideal as a rental, onsite management office, or future redevelopment
Utilities: Existing connections in place with the current residence
Lot Size: 2.62 acres (approx. 114,127 square feet)
Highlights:
Significant development upside with existing site plan approvals
Desirable location for multifamily housing
Existing house provides interim use or immediate rental income
Potential for phased development

Property Facts

Price $868,775 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 2.62 AC
Zoning Med Density - Zoning: Medium-Density Residential Development Potential: Approved for up to 20 multifamily units Existing Structure: 2,580 SF single-family home

1 Lot Available

Lot

Price $868,775 CAD
Price Per AC $331,593.42 CAD
Lot Size 2.62 AC

An exceptional investment or development opportunity consisting of 2.62 acres of medium-density residential land, pre-approved for multifamily construction of up to 18 units. This parcel offers flexibility for immediate development

Description

An exceptional investment or development opportunity consisting of 2.62 acres of medium-density residential land, pre-approved for multifamily construction of up to 20 units. This parcel offers flexibility for immediate development or holding with income potential. Key Features: Zoning: Medium-Density Residential Development Potential: Approved for up to 20 multifamily units Existing Structure: 2,580 SF single-family home Brand new roof recently installed Ideal as a rental, onsite management office, or future redevelopment Utilities: Existing connections in place with the current residence Lot Size: 2.62 acres (approx. 114,127 square feet) Highlights: Significant development upside with existing site plan approvals Desirable location for multifamily housing Existing house provides interim use or immediate rental income Potential for phased development

Somewhat walkable
30/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
  • Listing ID: 39764409

  • Date on Market: 2025-06-29

  • Last Updated:

  • Address: 819 Tumblin Kling Rd, Fort Pierce, FL 34982

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