Commercial Gateway to +/-14 acres, 4 parcels of priceless land on Lake Tozour adorned with 4 Single family homes. The Commercial parcel has billboard income. Use your imagination when developing the properties. Commercial general and AR1 zoning opens this opportunity to a wide variety of uses. Close to the St Lucie International Airport, Fort Pierce Inlet, Indian River County, Harbour Branch Institute and the beaches. Adjacent to the Indrio Savannah Preserve, tranquility surrounds this property. The owner is willing to lease back the main house property while you design your one of a kind development.
Complex:
METES AND BOUNDS
Building Type:
Free Standing,Resident. Single Fam
Current Use
Other,Professional Office
Utilities
Cable,Electric,Septic,Well Water
Lease Term Type:
Month to Month
Owner Pays:
Cable,Electric
5019 N Us Highway 1 Highway, Fort Pierce, FL, 34982
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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