6285 N Old Dixie Hwy - 6285 Old Dixie Highway Saint Lucie, FL 34946 9.98 Acres of Commercial Land Offered at $2,980,000 in Fort Pierce, FL 34946

Located at 6285 N Old Dixie Hwy in St, Lucie County Florida, this prime 9.98-acre parcel presents an exceptional opportunity for multifamily development under the "Live Local Act." The property is strategically positioned at the high-traffic intersection of Kings Hwy and US 1, providing excellent visibility and to intercoastal / river view . Adjacent to the Lennar Homes "Seagrove" development (formerly known as Coconut Cove), which is planned for 750 dwelling units, this site is surrounded by emerging communities, making it an ideal location for the proposed construction of 149 apartments. The development plan includes five three-story buildings and one four-story building, with a density of 15 dwelling units per acre, catering to the growing demand for housing in North St. Lucie County. The sale price for this investment opportunity is $2,980,000, and the property is zoned CG (Commercial General), allowing for a variety of commercial uses in addition to the multifamily development potential.
This cash sale comes with terms and is positioned as a redevelopment project, making it suitable for both investors and owner-users. With its prime location at a high-impact intersection and close proximity to planned communities, this property is well positioned to capitalize on the increasing demand for housing in the area. The combination of strategic location, approved development plans, and favorable zoning makes this an attractive opportunity for developers looking to make a significant impact in the local market.