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Multifamily/Redevelopment Opportunity 2 Land Properties Offered at $900,000 in Fort Pierce, FL
Investment Highlights
- Two combined parcels totaling 1.16 acres at Okeechobee Rd & S 21st St, Fort Pierce, FL
- Redevelopment potential with ability to add 4–6 additional units or pursue mixed-use concepts
- Convenient access to I-95 and Florida’s Turnpike
- Currently generating $6,000/month in rental income
- High-visibility location with 255’ of frontage and utilities on-site
- Multifamily
Executive Summary
An excellent opportunity to acquire two combined parcels totaling 1.16 acres at the corner of Okeechobee Road and S 21st Street in Fort Pierce, FL. The site currently produces $6,000/month in rental income and features multiple existing structures, but the true value lies in its redevelopment potential.
Located in a high-visibility corridor, the property is well-positioned for a mixed-use or multifamily project. With ample land area and utilities in place, the site offers flexibility for future development, including the possibility of adding 4–6 additional units or creating a new concept altogether.
The site is centrally located near Historic Downtown Fort Pierce and HCA Florida Lawnwood Hospital, with quick access to I-95 and Florida’s Turnpike. It also benefits from strong nearby retail activity, including Walmart, Chick-fil-A, and other national brands.
Located in a high-visibility corridor, the property is well-positioned for a mixed-use or multifamily project. With ample land area and utilities in place, the site offers flexibility for future development, including the possibility of adding 4–6 additional units or creating a new concept altogether.
The site is centrally located near Historic Downtown Fort Pierce and HCA Florida Lawnwood Hospital, with quick access to I-95 and Florida’s Turnpike. It also benefits from strong nearby retail activity, including Walmart, Chick-fil-A, and other national brands.
Property Facts
| Price | $900,000 | Number of Properties | 2 |
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Land Area | 1.80 AC |
| Status | Active |
| Price | $900,000 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 1.80 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 711 S 21st St, Fort Pierce, FL 34950 | Land | 1.16 AC | - |
| 2108 Okeechobee Rd, Fort Pierce, FL 34950 | Land | 0.64 AC | - |
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Multifamily/Redevelopment Opportunity
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