Palm City Land for Sale - St Lucie Inland
Located just off of I-95 on Martin Highway, and directly in the path of growth, the Martin County Investment Acreage provides an outstanding large acreage investment opportunity . Located in Florida’s popular Treasure Coast area in the exclusive community of Palm City, the property is centered between access to major traffic corridors and excellent amenities in an expanding area of custom country homes. This rapidly developing area, recently had water and sewer installed adjacent to the property to accommodate future growth. To the north of the property is Mattamy Homes' 4000 home Newfield Project, to the west is the Cobblestone Development and to the south, across Martin Highway is the recently approved development of the Martin Commerce Park.
The property provides nearly four miles of frontage on paved, two-and four lane roads – it is only 1,000 +/- feet from the I-95 and SR 714 interchange and just east of Cobblestone Country Club. Ten minutes away is Port Saint Lucie’s Traditions Community, where you will find great shopping, dining, entertainment, events, a central retail district that includes Target and Publix, and a new hospital. Five minutes to the east is Martin Downs Country Club, shopping and restaurants as well as direct access to the Florida Turnpike.
Because the property is one of the few large east coast tracts remaining in its beautiful natural state, this property provides a rare opportunity to develop an exquisite, upscale ranchette, equestrian, golf, or eco-friendly community. The location just off of I-95 along with the availability of water, sewer and power also lends itself well to other potential uses such as hospitals, educational facilities, churches and other houses of worship. The property's natural beauty and location also provides outstanding opportunities for recreational uses uses such as golf, hunting, equestrian and biking trails while the property continues to appreciate over time.
The peaceful natural setting of attractive native woods, pine, and palmetto make the property a natural habitat for some of Florida’s interesting wildlife and native flora. Current future land use for the property allows for one housing unit per five acres while the current zoning limits it to one unit per 20 acres. The property is an ideal location for creating larger upscale estate lots – ranchettes or equestrian estates! Or, consolidate the units on a smaller footprint creating beautiful large preserve areas for recreational uses or conservation.
The current use for the property is cattle grazing and the property holds a current cattle lease. The existing agricultural exemption provides a very low carry cost for the long term investor, who may continue cattle grazing or even hunting and recreation on this tract until the time for development
