Prime Location Alert! This exceptional 2.42-acre parcel is a rare gem nestled in the sought-after neighborhoods of Port St. Lucie and Fort Pierce. With its strategic positioning near Indian River State College, Lawnwood Medical Center, and the St. Lucie County Administrative Offices, this lot offers immense potential for innovative residential development.Boasting zoning allowances for up to 10 units per acre as per Tax Assessor Zone, with the potential for up to 12 units per acre through bonus density justification, this property presents a lucrative investment opportunity. Its versatility is further enhanced by conditional uses such as group living, fraternal organizations, nursing homes, and religious institutions.
Subdivision:
SOUTH TWENTY-FIFTH STREET REPLAT
Lot Description:
2 to < 3 Acres,5 to 10 Acres,Paved Road,Public Road,Sidewalks,West of US-1
Tbd Stanton Avenue, Fort Pierce, FL, 34981
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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