Bought with EXP Realty LLC
$1,088,000
$1,200,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
4.87 Acres Lot
SOLD DATE : 06/02/2022
Key Details
Sold Price $1,088,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID RX-10767881
Sold Date 06/02/22
HOA Y/N No
Abv Grd Liv Area 7
Annual Tax Amount $8,283
Tax Year 2021
Lot Size 4.870 Acres
Property Description
Prime Multi Family Development Site. Fabulous location! Near Indian River State College, Lawnwood Medical Center, and St. Lucie County Administrative Offices. 7.3 acres per Tax AssessorZone for 10 units per acre. Potential for 12 units per acre for innovative residential development.(see bonus density justification letter example attached in documents)Conditional uses include group living, fraternal organizations, nursing homes, religious institutions, and more.(See attached zoning info under documents tab).12 inch water main on South 25th St. in front of the property. Gravity sewer lines on West portion of the property(see utility maps under document tab).A portion of the property(4.9 acres) was previously approved for 48 townhomes in 2006(see attached info in docum
Location
State FL
County St. Lucie
Area 7060
Zoning Medium
Exterior
Utilities Available None
Waterfront No
Exposure East
Building
Lot Description 5 to 10 Acres, Paved Road, Public Road, Sidewalks, West of US-1
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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