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26419206
26419364

6285 Old Dixie Hwy, Fort Pierce, FL 34946

JM
FL 3008643
$2,950,000
290 days on market
Updated 18 days ago

6285 Old Dixie Highway

Details
APN 1406-143-0000-000-9
Property Type Land
Sub Type Commercial, Residential
Lease Expiration 08/18/2025
Broker Co-Op Yes
Acreage 10.000
Zoning Commercial General
Ownership Public Record

Land |10 Acres US 1 N St Lucie County w utilities-zoned CG w Residential PUD exception to 149 units

Marketing description

Incredible opportunity for multifamily development with 266 feet fronting on US 1 at Kings Highway, north St Lucie County, Florida 34951. The site enjoys a plateau of the highest elevation in St Lucie County gently sloping down towards Old Dixie Highway enjoying a second ingress/egress at the easterly side of the site. Currently enjoying a half dozen mature live oak trees central to the site, along with mango and other trees, lends the area perfect for passive shaded recreation, with amenities like pool and dog park, enhancing the appeal of the project, according to St Lucie County planning department. The northerly border of the site enjoys the Lennar Homes Seagrove master planned community landscaped ROW to a concrete bridge over Old Dixie Highway to over 750 single family detached and one-story fee simple villas. To date at least 150 homes are sold and occupied in the first six months of operation. The Villas are priced from $274,900 with most selling for over $300,000. Single family detached homes are priced from the mid $300,000. range with most homes selling at $400,000+. New utility lines with adequate capacity for both water and sanitary sewer are available to the site.

Investment highlights

Preliminary site improvement estimates start out at $2,000,000. including all site work, streets, curbs, storm water, sanitary sewer and public water. Not including driveways, pool, amenities. Includes a $350,000 Sanitary Sewer lift station to be located at the low point of the property along Old Dixie Highway. The parcel also includes a 90’+- x 510’ strip of land east of Old Dixie Highway. This parcel can be passive recreation or active recreation and abuts the Brightline Railroad tracks. Surveys, several concept plans, environmental study, gopher tortoise study are available.

Listing Contacts

JM
FL 3008643

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Additional Information

Name
Jim McGlone
License
3008643
Brokerage
Jensen Beach Realty, Inc.
Brokerage Phone
7723981212
Title
Real Estate Broker
Brokerage Address
2400 Southeast Veterans Memorial Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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