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    2108 Okeechobee Rd Fort Pierce, FL 34950

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    For Sale
    $950,000

    1.16-acre corner lot with redevelopment potential and existing rental income.

    Lot size:
    1.16 Acres

    Property Features for 2108 Okeechobee Rd

    General Information

    Lot size
    1.16 Acres

    Source: Jeremiah Baron & Co. Agent Brian Schwan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Lot Redevelopment Opportunity

    This 1.16-acre property, comprising two combined parcels, is located at the corner of Okeechobee Road and S 21st Street in Fort Pierce, FL. The site currently generates $6,000 per month in rental income and includes multiple existing structures. The property's primary value lies in its redevelopment potential. Situated in a high-visibility corridor, the location is suitable for a mixed-use or multifamily project. The site offers flexibility for future development, including the potential to add 4–6 additional units or develop a new concept, with ample land area and utilities already in place.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3460221
    Latitude
    27.4406835

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    FAQs

    What type of property is this?
    Land - 1.16-acre corner lot with redevelopment potential and existing rental income.
    Where is this land located?
    The property is located at 2108 Okeechobee Rd Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - 1.16 acres of combined parcels at a prominent corner location.; - High-visibility location ideal for redevelopment.; - Currently generates $6,000/month in rental income.
    (772) 215-1167
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    2108 Okeechobee Rd Fort Pierce, FL 34950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2108 Okeechobee Rd Fort Pierce, FL 34950
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