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2160-2191 Southeast Hillmoor Drive Dr - Site-Plan Approved Mixed-Use Development

5.34 Acres of Commercial Land Offered at $4,500,000 in Port Saint Lucie, FL 34952

INVESTMENT HIGHLIGHTS

  • Fully Site Plan Approved | 112 Residential Units Plus Commercial
  • Over $4 million in paid site work
  • Features two outparcels
  • The project is ready for immediate execution, with the building permit available for issuance within 90 days of submittal

EXECUTIVE SUMMARY

Opportunity Overview
This offering presents a prime development opportunity consisting of multiple land parcels totaling 5.34 acres, located on SE Hillmoor Dr. in Port St. Lucie, Florida. The site is fully site plan approved for a mixed-use development project, encompassing 112 apartment/condo units with garages, 24,964 square feet of commercial space, and two restaurant outparcels.
Key Highlights
•Prime Location: Situated in the growing area of Port St. Lucie, this site benefits from strong demographic trends, making it ideal for residential and commercial development.
•Turnkey Development: The site has over $4 million in paid site work, including utilities, drainage, and other infrastructure, making it pad site ready. Additionally, $750,000 has been invested in architectural plans, streamlining the development process.
•Building Permit Ready: The project is ready for immediate execution, with the building permit available for issuance within 90 days of submittal.
•Mixed-Use Potential: The approved site plan allows for a versatile mix of residential units and commercial space, catering to the demands of the local market. The project also includes two restaurant outparcels, providing further value and attracting traffic to the site.
Investment Summary
This development opportunity is ideally suited for investors, developers, or joint venture partners looking to capitalize on the growing demand for mixed-use developments in Port St. Lucie. With significant site work already completed and architectural plans in place, this project offers a fast-tracked path to construction and value realization.

ATTACHMENTS

Sale Brochure

PROPERTY FACTS

Price $4,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 5.34 AC

1 LOT AVAILABLE

Lot

Price $4,500,000
Price Per AC $842,696.63
Lot Size 5.34 AC

The site has over $4 million in paid site work, including utilities, drainage, and other infrastructure, making it pad site ready. Additionally, $750,000 has been invested in architectural plans, streamlining the development process.

DESCRIPTION

Ready-to-build cleared land.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 44-01-803-0006-0000
  • 44-01-503-0011-0007
  • 44-01-803-0007-0007
  • 44-01-803-0008-0004
  • 44-01-803-0005-0003
  • 44-01-502-0010-0007
Land Assessment
$764,400
Improvements Assessment
$0
Total Assessment
$764,400

ZONING

Zoning Code PUD (PSL) (Planned Unit Development)
PUD (PSL) (Planned Unit Development)
  • Listing ID: 32958388

  • Date on Market: 8/26/2024

  • Last Updated:

  • Address: 2160-2191 Southeast Hillmoor Drive Dr, Port Saint Lucie, FL 34952

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