550 NW MERCANTILE PL Port St. Lucie FL 34896

This 3.14-acre site represents a prime development opportunity in the underserved and booming Port St. Lucie market. The property is fully site plan approved and entitled for covered Boat/RV storage, featuring 82 individual spaces, each 12.5 feet wide and ranging from 26.67 to 50 feet deep. Please refer to the dimensioned site plan image for a complete breakdown of space sizes. The site has been filled and is ready for construction.

In addition to the current Boat/RV storage entitlements, the site was previously approved for a 39,990-square-foot small bay industrial development, and those plans remain available to the buyer. This provides added flexibility for developers or users looking to capitalize on the area's increasing demand for light industrial and service-related space.

With approvals in place, prior industrial plans in hand, and minimal site preparation needed, this property offers multiple paths to immediate execution in one of Florida’s fastest-growing markets.

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This site is situated in the economic heart of Port St. Lucie, one of the fastest growing cities in the U.S. Over 20,000 new homes are planned in master-planned communities within the trade area such as Wylder, Tradition, and Oak Ridge Ranches, driving ongoing population and housing growth. The site is located within a 10-mile radius of over 330,000 residents, with an average household income of $90,467. Nearly 40% of households earn more than $100K annually, reflecting strong disposable income and demand for premium off-site storage. Despite rapid expansion and increasing HOA restrictions, the market currently offers less than 2 SF of Boat/RV storage per capita—creating a rare and compelling opportunity for developers to deliver much-needed supply in this high-demand, affluent area.