MLS® RX-10828670

Status Active

$745,000

Features

$745,000

Price

91913

Sq.Feet

Land

Property type

Commercial Land

Sub-type

Property description

UNIQUE WATERFRONT DEVELOPMENT SITE ON BOOMING MIDWAY ROAD. 2.1 ACRES WITH OVER 500 FEET ON THE TRIBUTARY TO THE NORTH FORK OF THE ST LUCIE RIVER. IDEAL FOR A WATERFRONT TOWNHOME COMMUNITY OR POSSIBILY A VERY UNIQUE RESTAURANT. OVER 500 FT FRONTAGE ON MIDWAY RD. ZONING IS CURRENTLY AR-1 WITH RU (RESIDENTIAL URBAN) LAND USE. RU LAND USE POTENTIALLY ALLOWS REZONING UP TO 5 UNITS PER ACRE AND USES PERMITTED UNDER COMMERCIAL OFFICE AND COMMERCIAL NEIGHBORHOOD ZONINGS(SUCH AS RESTAURANTS UNDER 6,000 SQ FEET). OWNERS WILL SELL SUBJECT TO REZONING. MAJOR DEVELOPMENTS COMING TO MIDWAY RD. INCLUDING: A new Amazon Distribution Center, Wave Garden Surf Park(one of the largest wave parks in the world), and Wylder a 1,970 acre development of 4,000 homes.Extension of water and sewer lines will be necessary to serve this site. Owners have hired an engineer to investigate best way to get utilities to the site.

Listing Courtesy of Coldwell Banker Paradise

Additional Info

  • Yearly Real Estate Tax $2,489
  • Original listing price $795,000

Community Info

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