$1,150,000
For Sale

2205 S Stanton Avenue

Fort Pierce, FL 34981
Browse 11 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This 2.42-acre parcel presents a unique investment opportunity, strategically located near Indian River State College, HCA Florida Lawnwood Hospital, Lawnwood Stadium, and the St. Lucie County Administrative Offices. Ideal for residential development, the property is currently zoned for up to 10 units per acre, with the potential for up to 12 units through bonus density requirements. A pre-luminary due diligence report is included, further detailing the development possibilities.
Previously approved for 48 townhomes in 2006, the site is well-positioned for profitable development. The property's value is further boosted by its proximity to the upcoming 1 million square foot Amazon distribution hub at Midway and I-95, just a few miles away. Additionally, the parcel is conveniently located minutes from major highways like the Turnpike and I-95, and just a short drive to the beach.
Owner financing is available with 50% down, presenting an excellent opportunity for investors and high-value buyers. This is a rare chance to invest in a rapidly growing real estate market in a prime location. Don't miss out on this great opportunity to explore the extensive potential of these development sites. Call us today!

  • Property Details
      • Lot FeaturesWest of US-1, 2 to < 3 Acres, Paved Road, Public Road, Sidewalks, 5 to 10 Acres
      • Lot DescriptionWest of US-1, 2 to < 3 Acres, Paved Road, Public Road, Sidewalks, 5 to 10 Acres
      • SubdivisionSOUTH TWENTY-FIFTH STREET REPLAT
      • Property SubtypeSingle Family Detached
      • Original List Price$1,150,000
      • CountySt. Lucie
      • Property TypePurchase
      • Cost1150000
      • Lot Size (sqft)105415
      • ZoningMedium
      • Taxes Annual$8,705
      • Acres2.42

Location

Martin FrenchReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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