Multifamily/Redevelopment Opportunity
Centralized area near Historic Downtown Fort Pierce and HCA Florida Lawnwood Hospital
Marketing description
An excellent opportunity to acquire two combined parcels totaling 1.16 acres at the corner of Okeechobee Road and S 21st Street in Fort Pierce, FL. The site currently produces $6,000/month in rental income and features multiple existing structures, but the true value lies in its redevelopment potential.
Located in a high-visibility corridor, the property is well-positioned for a mixed-use or multifamily project. With ample land area and utilities in place, the site offers flexibility for future development, including the possibility of adding 4–6 additional units or creating a new concept altogether.
The site is centrally located near Historic Downtown Fort Pierce and HCA Florida Lawnwood Hospital, with quick access to I-95 and Florida’s Turnpike. It also benefits from strong nearby retail activity, including Walmart, Chick-fil-A, and other national brands.
Investment highlights
Two combined parcels totaling 1.16 acres at Okeechobee Rd & S 21st St, Fort Pierce, FL
Currently generating $6,000/month in rental income
Redevelopment potential with ability to add 4–6 additional units or pursue mixed-use concepts
High-visibility location with 255’ of frontage and utilities on-site
Centralized area near Historic Downtown Fort Pierce and HCA Florida Lawnwood Hospital
Convenient access to I-95 and Florida’s Turnpike
Surrounded by strong retail presence including Walmart, Chick-fil-A, and other national brands
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