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Investment Highlights

  • Positioned along a corridor benefiting from infrastructure projects and commercial airline approval
  • Future zoning (RS-9) supports potential for 94 townhomes or alternative residential concepts
  • 12-acre development site in proximity to the expanding Treasure Coast International Airport
  • Ideal for market-rate housing, multifamily communities, or flexible mixed-use projects

Executive Summary

This offering represents a prime acquisition opportunity in St. Lucie County, a submarket experiencing rapid residential and economic growth. Situated near newly approved commercial airport facilities, the property provides a base for large-scale development to meet increasing population and housing demands. Its zoning trajectory and infrastructure readiness enhance its appeal for developers seeking scalable projects in a business-friendly region on Florida’s Treasure Coast.

Property Facts

Price $3,100,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Planned Unit Development
Total Lot Size 12.00 AC
Zoning RS-9 - 94 townhomes, apartments, or 62 single family homes.

1 Lot Available

Lot

Price $3,100,000
Price Per AC $258,333.33
Lot Size 12.00 AC

It's a new property I recently purchased next to St Lucie County Airport.  This airport is in the process of expanding and they recently got there approval for commercial airlines.  I'm in the process of rezoning property for 94 Townhomes from RS-4.

Description

Positioned in Fort Pierce’s growth corridor, this 12-acre parcel presents exceptional potential for residential or mixed-use development near the expanding Treasure Coast International Airport. The site is strategically located just off St. Lucie Boulevard, an area experiencing new investment and infrastructure enhancements to accommodate the airport’s recently approved commercial airline service. Public utilities are available, and the property is currently being considered for rezoning to accommodate up to 94 townhomes, apartments, or approximately 62 single-family homes. Its scale, location, and accessibility make it an attractive development opportunity in a market with strong demand for housing and commercial services.

Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
  • Listing ID: 31846144

  • Date on Market: 5/17/2024

  • Last Updated:

  • Address: 0 Seneca Ave, Fort Pierce, FL 34946

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