NOT LISTED FOR SALE

2995 Sneed Rd Fort Pierce, FL 34945

Estimated Value: $3,695,838

308.39 Acres
$11,984 Price per Acre
13,433,470 Sq Ft Lot

Last Sold February 10, 2023

Last sale price $3,576,000

Est. 3% increase in value since last sale

Current estimated payment $20,072/month

271 Days on Market

About This Lot

As of February 2023

***PRIME DEVELOPMENT AND FARMING OPPORTUNITY*** 308 +/- acres of prime development land with 99.8% of useable land for building. With two permitted 8" flowing wells and a permitted 18" 50HP pump, this makes the perfect farming opportunity for the investor waiting on permits or land banking. Less than 10 miles from Interstate 95 and very close proximity to the cities of Port St. Lucie, Ft. Pierce and West Palm Beach. Perfect location for an Equestrian Community or luxury acreage/ranchette style subdivision. Future land use is 1 du/5 ac. Call today for a showing. *Seller financing is available.*

Last Agent to Sell the Property

Travis Brown

BROWN AND COMPANY REALTY License #3467661 Listed on: 04/07/2022

BROWN AND COMPANY REALTY

Last Buyer's Agent

Travis Brown

BROWN AND COMPANY REALTY License #3467661 Listed on: 04/07/2022

BROWN AND COMPANY REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,030

Lot Details

  • 308.39 Acre Lot
  • Lot Dimensions are 2600x5100
  • Property is zoned AG-5 COUNT

Utilities

  • Well

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 22-21-311-0001-0007

Property Details

Property Type

Land

Est. Annual Taxes

$8,030

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 308.39
  • Lot Size Sq Ft: 13433468
  • Status: Sold
  • Total Acreage: 200 to less than 500
  • Ratio: Close Price\List Price: 0.96649
  • Price per Sq Ft: 0.27
  • Close to Original List Price Ratio: 0.596
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View Y N: No
  • Front Footage: 2600
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12111C0150J

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Telephone Nearby
  • Sewer: None
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: AG-5 COUNT
  • Parcel Number: 22-21-311-0001-0007
  • Additional Parcels: No
  • Current Use: Citrus, Farm
  • Lot Dimensions: 2600x5100
  • Price Per Acre: 11596
  • Flood Zone Code: X
  • Flood Zone Date: 2012-02-16
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 8030
  • Tax Block: 1
  • Tax Book Number: 4-46
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Feb 7, 2023
Sold by
Mcz/Centrum Citrus Farms Llc
Bought by
S3r Fl Llc
Seller's Agent
Travis Brown
BROWN AND COMPANY REALTY
Buyer's Agent
Travis Brown
BROWN AND COMPANY REALTY
List Price
$6,000,000
Sold Price
$3,576,000
Premium/Discount to List
-$2,424,000
-40.4%
Views
3
Current Estimated Value
$3,695,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,838
Avg. Annual Appreciation
1.22%
Original Mortgage
$2,145,000
Outstanding Balance
$2,076,966
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Estimated Equity
$1,618,872

Purchase Details

Closed on
Jul 8, 2005
Sold by
Star Farms Corp
Bought by
Mcz/Centrum Citrus Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1997
Sold by
Worldwide Inv Group Inc
Bought by
Star Farms Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
S3r Fl Llc $3,576,000 --
Mcz/Centrum Citrus Farms Llc -- --
Star Farms Corp $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S3r Fl Llc $2,145,000
Previous Owner Mcz/Centrum Citrus Farms Llc $12,000,000
Previous Owner Star Farms Corp $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $3,576,000 -3.4% --
01/04/2023 01/04/23 Pending -- -- --
10/12/2022 10/12/22 Price Changed $3,700,000 -38.3% --
08/08/2022 08/08/22 Price Changed $6,000,000 +17.6% --
05/17/2022 05/17/22 Price Changed $5,100,000 -15.0% --
04/07/2022 04/07/22 For Sale $6,000,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,723 $84,807 -- --
2023 $8,723 $84,807 $0 $0
2022 $8,043 $84,807 $0 $0
2021 $8,030 $84,807 $84,807 $0
2020 $7,434 $84,807 $84,807 $0
2019 $7,144 $84,807 $84,807 $0
2018 $6,767 $84,807 $84,807 $0
2017 $6,172 $84,807 $84,807 $0
2016 $5,539 $84,807 $84,807 $0
2015 $5,577 $84,807 $84,807 $0
2014 $5,315 $84,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK221248

Stellar MLS

APN: 22-21-311-0001-0007