+/-15.46 Acre Residential Development Site

Property Details

• Property Address: 3950 US 1, Fort Pierce, FL 34982
• Pricing: $3,995,000
• Site Size: ±15.46 Acres
• Property Type: Proposed Development 140 Townhome Units
• Zoning: Single-family intermediate density zone (R2) average net density less than 5 units per acre
• Future land Use: Low Density Residential (RL) up to 6.5 units per acre.
• Municipality: City of Fort Pierce
• Utilites: Fort Pierce Utilities Authority

Property Overview
This 15.46 acre site is an ideal townhome development, whether a built to rent community, similar to Weatherbee Townhomes, Cortez Townhomes, or Edwards Landing, or a for sale community similar to the nearby Tidewater Townhomes by Meritage Homes. Conceptually designed as Sea Pines Village, the site plan has been discussed with City Staff and received favorable remarks. With nearby employment centers such as the St. Lucie County Health Department, the Florida Department of Agriculture farmers market and a number of car dealerships, the site has a captive audience and represents an infill development opportunity.