Listed by SVN | Commercial Partners, SVN Commercial Partners
$35,000,000
Orange Lake Crossing
Details
APN 3317-213-0000-000-6
Property Type Land
Sub Type Agricultural, Residential
Broker Co-Op Yes
Acreage 256.000
Zoning Planned Development
Land | 256 acres
Marketing description
Located within the City of Port St. Lucie in St. Lucie County, Florida, Orange Lake Crossing is an ideal location and offers a significant opportunity to be a
part of the successful and continued growth within this area of the city and the county. With an in place Development Agreement, the subject property presents an opportunity for the area’s next Master Planned Community.
The property consists of nine contiguous parcels totaling approximately 256 acres and is located in the northwestern portion of the city, conveniently located less than 3 miles from I-95 and 4 miles north of Tradition and Tradition Center for Commerce.
With an annexation and development agreement with the City of Port St. Lucie already in place, Orange Lake Crossing is slated for development under one or more Planned Unit Developments (PUD) for residential, commercial and office uses for the following density:
1,358 residential units
154,202 square feet of commercial use
161,912 square feet of office/institutional
The Treasure Coast is unlike any other. Port St. Lucie and St. Lucie County are experiencing unprecedented growth, with a surge in demand for housing and commercial development. Investors and consumers are drawn to this area for its promising potential, abundant opportunities, and strong community spirit. The city's expanding infrastructure, flourishing economy, and proximity to pristine beaches make it an attractive destination for those seeking to invest in real estate. As the demand for properties continues to rise, the allure of this region as a prime investment location is undeniable, offering a compelling prospect for investors and consumers alike.
Investment highlights
- Development Agreement: Per an Annexation Agreement, the site is slated for 1,358 residential units, 154,202 square feet of commercial, and 161,912 square feet of office facilities, providing for the potential of a Master Plan community.
- Development Upside: The property has current AG Zoning with a Mixed FLU and development agreement in place that can be zoned into, providing an excellent investment opportunity with significant commercial and residential potential.
- Proximity to Major Highways: Located less than 3 miles from I-95 and about 5 miles from a Florida Turnpike interchange.
- Proximity to commercial amenities: Located roughly 10 minutes driving time to major commercial amenities necessary to consumers.
- Nearby Developments: Approximately 4 miles north of the Tradition Center for Commerce, indicating strong regional growth. Less than a half mile from highly successful Wylder.
Listing Contacts
Listed by SVN | Commercial Partners, SVN Commercial Partners
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