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2535 Kings hwy - ±41.01 Acre 600-Unit Apartment Site
41.01 Acres of Residential Land Offered at $18,253,817 CAD in Fort Pierce, FL 34945
Investment Highlights
- Booming Kings Highway Corridor Location
- 3,000,000 SF of recent industrial development within 1.7-Miles
- Recent Kings Highway Widening
Property Facts
| Price | $18,253,817 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 41.01 AC |
| Price | $18,253,817 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 41.01 AC |
1 Lot Available
Lot
| Price | $18,253,817 CAD | Lot Size | 41.01 AC |
| Price Per AC | $445,106 CAD |
| Price | $18,253,817 CAD |
| Price Per AC | $445,106 CAD |
| Lot Size | 41.01 AC |
Located between the I-95 and Turnpike on- and off-ramps just off Okeechobee Road in Fort Pierce, this 41-acre parcel offers a convenient location for future residents to enjoy local amenities or commute to work. Land size is 41.01 acres
Description
Development Program: The planned 600-unit apartment development project includes several amenities. Planned amenities include a water retention lake, a central community park, dog park, playground, and clubhouse with community pool. The community will also include a total of 951 parking spaces, including 45 clubhouse parking spaces and 192 garage, carport, or driveway parking spaces. Nearby Development: South Florida Logistics Center - 1.1 million SF industrial project (Stonemont) 7001 White Road - 1.5 million SF industrial project (Scannell Properties) Crossroads Commerce Center - 1.1 million SF industrial (Silverman Group) Amazon Fulfillment Center - 1.1 million sf (Seefried) Orange 95 Commerce Center - 700,000 sf Industrial Celebration Point - 755 Residential Units Bent Creek - 722 Single Family units Eagles Bend - 1,713 Residential units Wawa Pricing: $12,995,000 ($21,658 per unit). Seller will deliver with zoning in place and site plan approved. Site plan approval expected for February 2024 pending approval of phasing plan. Project will have a density bonus related to transit stop.
zoning
| Zoning Code | R-4 (Residential) |
| R-4 (Residential) |
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Nikolaus Schroth -
Jeff Allman -
James McKinney -
NAI Southcoast Commercial
Presented by
2535 Kings hwy - ±41.01 Acre 600-Unit Apartment Site
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