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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2205 S 25th St , Fort Pierce, FL 34947
$2,200,000
Est. Payment: $4,888.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 352
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FLL261010944 - FLL276558581
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House Description

This prime 4.87-acre parcel is strategically located in a highly desirable area near Indian River State College, Lawnwood Medical Center, and the St. Lucie County Administrative Offices. The property offers tremendous potential for innovative residential development, with zoning allowances for up to 10 units per acre, and the possibility of increasing to 12 units per acre through bonus density justification. Versatile conditional uses, including townhomes, condo, group living, fraternal organizations, nursing homes, and religious institutions, further enhance its investment appeal. The property is equipped with essential utilities, such as a 12-inch water main and gravity sewer lines, conveniently available on-site. Notably, this site was previously approved for 48 townhomes in 2006, showcasing its readiness for lucrative investment and development opportunities. Additionally, an adjacent 2.42-acre lot (Parcel ID 242050400210006) is also available for sale, significantly increasing the overall investment potential. The allure of this location is further elevated by the upcoming 1 million square foot Amazon distribution hub at Midway and I-95, just a few miles away. This prime proximity to a major distribution center dramatically enhances the property's desirability and investment potential. This is a once-in-a-lifetime chance to invest in a thriving real estate market in a highly sought-after area. Don't miss out on unlocking the boundless possibilities these prime development sites offer. Call us today to seize this extraordinary opportunity! Owner financing is available with 50% down and a 10% interest rate, making this an exceptional opportunity for savvy investors and high-value buyers.

Highlights

Listed by Kimone S Fearon , 561-294-8172 EXP Realty LLC , 888-883-8509.

Property Type

Vacant Land

Lot/Acreage
4.87

County

St Lucie

Area

7060

Neighborhood

Metes And Bounds

Listing ID

R11128282

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:5-10 Acres
Lot Dimensions:327
Zoning:Medium
Sewer:Not Connected (at lot),Public Sewer,Other
Principal Interest
$4,889
Taxes
$1,461

Home Price

$2,200,000

Loan Details

30 yrs
%

Down Payment

20%
$440,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,888.89 $1,461.17 $0.00 $6,350.06
Yearly $58,666.67 $17,534.00 $0.00 $76,200.67
Total $1,760,000.00 $526,020.00 $0.00 $2,286,020.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fort Pierce, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.