$1,150,000

Estimated payment $6,829/month

Total Views 3,524
2.42 Acres
$475,207 Price per Acre
105,415 Sq Ft Lot

Highlights

  • 2.42 Acre Lot
  • Brush Vegetation
  • Paved or Partially Paved Lot
  • No HOA

About This Lot

This 2.42-acre parcel presents a unique investment opportunity, strategically located near Indian River State College, HCA Florida Lawnwood Hospital, Lawnwood Stadium, and the St. Lucie County Administrative Offices. Ideal for residential development, the property is currently zoned for up to 10 units per acre, with the potential for up to 12 units through bonus density requirements. A pre-luminary due diligence report is included, further detailing the development possibilities. Previously approved for 48 townhomes in 2006, the site is well-positioned for profitable development. The property's value is further boosted by its proximity to the upcoming 1 million square foot Amazon distribution hub at Midway and I-95, just a few miles away. Additionally, the parcel is conveniently located minutes from major highways like the Turnpike and I-95, and just a short drive to the beach. Owner financing is available with 50% down, presenting an excellent opportunity for investors and high-value buyers. This is a rare chance to invest in a rapidly growing real estate market in a prime location. Don't miss out on this great opportunity to explore the extensive potential of these development sites. Call us today!

Listing Agent

Kimone Fearon

EXP Realty LLC License #3440765 Listed on: 09/30/2025

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,705

Lot Details

  • 2.42 Acre Lot
  • South Facing Home
  • Brush Vegetation
  • Paved or Partially Paved Lot
  • Site Plan Filed

Location

  • City Lot

Utilities

  • Water Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Twenty Fifth Street Replat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 242050400210006

Property Details

Property Type

Land

Est. Annual Taxes

$8,705

Lot Details

2.42 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Item23Acres, Item510Acres, City Lot
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, None, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Parcel #: 242050400210006
  • Current Use: Multi-Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 2.42
  • Lot Size Sq Ft: 105415.0
  • Number Of Lots: 1
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: Medium

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8705.11

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 For Sale $1,150,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11128287

BeachesMLS (Greater Fort Lauderdale)
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