Virginia Ave
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Virginia Ave
5.33 Acres of Residential Land Offered at $2,597,760 CAD in Fort Pierce, FL 34981
INVESTMENT HIGHLIGHTS
- Amazing location to development multifamily properties or townhomes.
EXECUTIVE SUMMARY
This prime 5.33-acre parcel of medium-density land is a rare opportunity to invest in one of Fort Pierce's most vibrant and strategic locations. Positioned directly on the bustling Virginia Avenue, the property enjoys maximum visibility and convenience, making it ideal for a variety of residential or mixed-use developments.
Key Highlights
Location: The property is directly across from the renowned Indian River State College , a thriving educational hub with thousands of students and staff, creating high demand for housing.
Accessibility: Situated in close proximity to I-95, offering seamless regional connectivity, and just minutes from Fort Pierce City Hall, contributing to the site's strategic importance.
High-Traffic Area: Virginia Avenue is a major thoroughfare with consistent vehicular and foot traffic, ensuring excellent exposure for any future development.
Development Potential: The medium-density zoning allows for the creation of housing units tailored to the area's growing needs, such as:
- Student housing to cater to the college community.
- Multi-family housing for residents seeking a prime location in a bustling area.
- Mixed-use opportunities, combining retail or services with residential units.
Additional Benefits
Community Demand: The surrounding area exhibits a growing need for modern, convenient housing options, particularly for students and professionals.
Economic Hub: Fort Pierce is experiencing economic growth, making this property a sound investment for long-term returns.
Natural Appeal: Located within a short drive to Fort Pierce’s beaches, parks, and other recreational amenities.
Investment Opportunity
With its unbeatable location, versatile zoning, and proximity to key amenities, this 5.33-acre property offers a unique chance to develop a landmark project in Fort Pierce. Whether you’re targeting student housing, workforce housing, or other multi-family opportunities, this site is a blank canvas ready for visionary developers.
Don’t miss this chance to secure a prime piece of Fort Pierce real estate!
Key Highlights
Location: The property is directly across from the renowned Indian River State College , a thriving educational hub with thousands of students and staff, creating high demand for housing.
Accessibility: Situated in close proximity to I-95, offering seamless regional connectivity, and just minutes from Fort Pierce City Hall, contributing to the site's strategic importance.
High-Traffic Area: Virginia Avenue is a major thoroughfare with consistent vehicular and foot traffic, ensuring excellent exposure for any future development.
Development Potential: The medium-density zoning allows for the creation of housing units tailored to the area's growing needs, such as:
- Student housing to cater to the college community.
- Multi-family housing for residents seeking a prime location in a bustling area.
- Mixed-use opportunities, combining retail or services with residential units.
Additional Benefits
Community Demand: The surrounding area exhibits a growing need for modern, convenient housing options, particularly for students and professionals.
Economic Hub: Fort Pierce is experiencing economic growth, making this property a sound investment for long-term returns.
Natural Appeal: Located within a short drive to Fort Pierce’s beaches, parks, and other recreational amenities.
Investment Opportunity
With its unbeatable location, versatile zoning, and proximity to key amenities, this 5.33-acre property offers a unique chance to develop a landmark project in Fort Pierce. Whether you’re targeting student housing, workforce housing, or other multi-family opportunities, this site is a blank canvas ready for visionary developers.
Don’t miss this chance to secure a prime piece of Fort Pierce real estate!
PROPERTY FACTS
| Price | $2,597,760 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 5.33 AC |
| Price | $2,597,760 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 5.33 AC |
1 LOT AVAILABLE
Lot
| Price | $2,597,760 CAD | Lot Size | 5.33 AC |
| Price Per AC | $487,384.61 CAD |
| Price | $2,597,760 CAD |
| Price Per AC | $487,384.61 CAD |
| Lot Size | 5.33 AC |
5.33 Acres
DESCRIPTION
5.33 Acres
PROPERTY TAXES
| Parcel Number | 24-17-434-0004-0007 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,519,746 CAD | Total Assessment | $1,519,746 CAD |
PROPERTY TAXES
Parcel Number
24-17-434-0004-0007
Land Assessment
$1,519,746 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,519,746 CAD
ZONING
| Zoning Code | Medium-Density (Housing types often include townhouses, duplexes, triplexes, small apartment buildings, or condominiums.) |
| Medium-Density (Housing types often include townhouses, duplexes, triplexes, small apartment buildings, or condominiums.) |
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