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$ 1,100,000
Est. payment | /mo
1.16 Acres Lot
$ 1,100,000
Est. payment | /mo
1.16 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Franklin Park Subdivision
MLS Listing ID A12064301
HOA Y/N No
Annual Tax Amount $6,559
Tax Year 2024
Lot Size 1.160 Acres
Acres 1.16
Property Sub-Type Residential
Property Description
Exceptional Commercial Investment Opportunity! Rare offering of two adjacent parcels totaling approximately 2 acres, zoned General Commercial (GC), in a rapidly growing area of Fort Pierce. The front parcel is vacant, providing an excellent opportunity for future development, while the rear corner parcel features an existing home currently generating $4,300 per month in rental income. Tenants are on a month-to-month lease, allowing the new owner the flexibility to continue receiving immediate cash flow or redevelop the property to maximize its potential. General Commercial (GC) zoning offers a wide range of permitted uses, making this an ideal opportunity for investors, developers, or business owners looking to expand. Conveniently located near major roadways, shopping, and other commercial businesses, this property is positioned in one of Fort Pierce's growing commercial corridors. Whether you're looking for immediate income, future development, or both, this unique offering delivers endless possibilities. Buyer to verify acreage, zoning, permitted uses, and development requirements with the appropriate municipal authorities.
Location
State FL
County St Lucie
Community Franklin Park Subdivision
Area 7040
Exterior
Private Pool Yes
Building
Faces South
Others
Tax ID 2409-711-0046-000-8
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12064301

Listed by Lifestyle International Realty

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