FCB-Angle Road

LOCATION: Angle Road, Ft. Pierce, FL

SIZE: 202.35 +/-Acres.

ZONING: PUD Zoning (Resolution No. 80-090) and Residential Suburban Land Use, St. Lucie County.

TAXES: 2012 real estate taxes were $78,337, based upon a combined assessed value of $3,706,900. Owner has put property under a cattle lease, and intends to apply for an agricultural exemption for the entire property effective January 1, 2013.

COMMENTS: Bank owned foreclosure. Property had been final site plan approved for a 404 unit residential development known as Miller’s Plantation. Project approvals expired in May 2010. Improvements include a 13 acre man made pond, several houses and other structures, and fenced grazing pastures. Property is divided by a drainage canal and Rock Road right of way. Public water and sewer available from FPUA.