Property Listing No Longer Available for Sale

11000 Okeechobee Road, Fort Pierce, FL

Land for Sale - $3,820,425 - 4,362 Sq. Ft. on 72.15 acres


Property Info

CIMLS#1072098
Location
  11000 Okeechobee Road
  Fort Pierce FL 34945
UpdatedFebruary 4th, 2022
TypeLand
Price$3,820,425
Building4,362 Sq. Ft.
Land72.15 acres

Property Description

Transitional 95.75 Acres, Zoned AG-2.5, Existing Land Use of Residential Estate, up to 1 Unit per Acre. The property is easily accessed with frontage of over 1,796 ft along State road 70 (Okeechobee Road), 1.5 miles west of the DR Horton Creekside Community. The Sellers are at present working with Saint Lucie County on a PUD Application for 95 Units single family under the present RE Land Use.On behalf of the petitioner, Engineering Design & Construction, Inc. is requesting approval of a PUD application for a 95-parcel single family residential development with associated with improvements. The parcels are located north of Okeechobee Road and west of the Florida Turnpike in St. Lucie County, Florida. A pre-application meeting was held with the County on April 9, 2020. SITE CHARACTERISTICS & PROJECT HISTORY The subject properties are located in in St. Lucie County and totals approximately 96.32 acres according to the property appraisers website. The applicant is proposing a 95-parcel single family residential development with associated siteimprovements. The subject parcels are located outside of the urban service boundary. Utilities will be provided by St. Lucie County Utilities.The proposed development includes 95 single family dwelling units with each lot approximately +/- 0.50 acres in size. Approximate building footprint is 2,500 square feet equating to 11.5% building coverage per lot. Current Future Land Use is RE-1 (1 dwelling unit per acre.) Required open space is 35% or 33.36 acres; provided open space is approximately 35.82% or 34.34 acres.


Financials


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