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3614 Okeechobee Rd

10.03 Acres of Commercial Land Offered at $3,700,000 in Fort Pierce, FL 34947

Investment Highlights

  • Nestled between Okeechobee Road and Virginia Avenue
  • Minutes from the Interstate 95 interchange
  • Across from Dollar General and Dollar Tree

Executive Summary

Welcome to an unparalleled opportunity to transform 10.03 acres of prime real estate into a vibrant community enclave! This expansive parcel, fully entitled for 144 units, is a developer's dream, boasting paid impact fees that streamline the development process. Situated with convenient access on two major thoroughfares, Okeechobee and Virginia Avenue, this site promises not just a location but a lifestyle that is both accessible and desirable.
The meticulously planned community is strategically positioned to capitalize on the area's growth and convenience. Its dual-road access ensures easy ingress and egress for residents, enhancing both connectivity and accessibility. Okeechobee Avenue, a bustling artery, and Virginia Avenue, a main thoroughfare, intersect at this prime location, providing unparalleled visibility and exposure.
As a testament to its strategic positioning, the site is in close proximity to a thriving commercial hub, including a prominent mall and a well-established grocery store. Residents will enjoy the convenience of having retail, dining, and entertainment options right at their doorstep. This symbiotic relationship between residential tranquility and commercial vibrancy creates a unique living experience for future residents.
The 144 units, fully entitled and ready for development, present a canvas for creative architectural designs and innovative community planning. The entitlement process has been meticulously navigated, ensuring a smooth transition from concept to construction. With paid impact fees, developers can expedite the commencement of construction, minimizing bureaucratic hurdles and maximizing efficiency.
Beyond the immediate conveniences, this site offers a promising investment in a region marked by sustained economic growth and demographic expansion. The carefully curated entitlements and strategic location make this 10.03-acre parcel not just a piece of land but a canvas for crafting a visionary residential community.
The surrounding landscape is dotted with green spaces, ensuring a harmonious blend of urban living and natural serenity. Potential amenities within the community can be designed to complement the lifestyle of modern residents, fostering a sense of community and well-being.
This development site is a rare gem in the real estate landscape, promising a harmonious blend of convenience, connectivity, and community. Whether you envision upscale condominiums, townhouses, or a mixed-use development, the canvas is yours to shape.
In conclusion, this 10.03-acre site stands as a testament to the convergence of strategic location, entitlement readiness, and community-oriented design. The dual-road access, proximity to commercial centers, and the fully entitled status with paid impact fees position this property as a prime investment opportunity for developers seeking to create a signature residential community in the heart of a thriving locale. Seize the opportunity to be part of a transformative project that defines the future of living in this dynamic and growing region

Property Facts

Price $3,700,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 10.03 AC

1 Lot Available

Lot

Price $3,700,000
Price Per AC $368,816
Lot Size 10.03 AC

Explore a 10.03-acre gem entitled for 144 units, with dual-road access on Okeechobee and Virginia Ave. Proximity to mall and grocery. Ready for innovative community development in a thriving region.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-17-342-0006-0009
Land Assessment
$798,000
Improvements Assessment
$0
Total Assessment
$798,000

zoning

Zoning Code PD (district that allows for more flexibility in design and encourages innovative land development)
PD (district that allows for more flexibility in design and encourages innovative land development)
  • Listing ID: 30824303

  • Date on Market: 1/30/2024

  • Last Updated:

  • Address: 3614 Okeechobee Rd, Fort Pierce, FL 34947

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