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    Weatherbee Rd Fort Pierce, FL 34982

    For Sale
    $2,600,000

    Prime 7-acre lot, 74-unit approval.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Exceptional opportunity to acquire a meticulously planned 7-acre vacant land parcel ideally situated on Weatherbee Road in White City, Florida. This property boasts pre-approved plans for the construction of a 74-unit multifamily residential development, presenting a significant advantage for swift project commencement. The parcel's strategic location between US-1 and Oleander Avenue ensures excellent accessibility and visibility. With a zoning designation of RM-11, the property is perfectly suited for multifamily construction. The 7-acre lot (APN 3403-502-0015-000-5) offers developers a substantial canvas to create a thriving residential community. The property's proximity to the vibrant Downtown Fort Pierce and its convenient access to area beaches further enhance its appeal. This is a rare chance to capitalize on the strong demand for residential housing in this desirable location. The approved site plan streamlines the development process, minimizing delays and maximizing return on investment. The asking price for this exceptional development opportunity is $2,600,000. Don't miss this chance to secure a prime piece of real estate in a rapidly growing area.

    Property Features for 0 Weatherbee Rd

    General Information

    Property type
    Land
    Lot Size
    304,920 SF

    HighLights

    • $2,600,000 asking price for 7 acres of vacant land.
    • Site plan approved for 74 multi‑family units.
    • RM‑11 zoning.
    • Located on Weatherbee Rd, White City, FL 34982 (APN: 3403‑502‑0015‑000‑5).
    • Convenient location between US‑1 and Oleander Ave, near Downtown Fort Pierce and area beaches.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Pierce
    County
    St Lucie
    State
    Florida
    Longitude
    -80.32866679
    Latitude
    27.38145302

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    FAQs

    What type of property is this?
    Land - Prime 7-acre lot, 74-unit approval.
    Where is this land located?
    The property is located at Weatherbee Rd Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: $2,600,000 asking price for 7 acres of vacant land.; Site plan approved for 74 multi-family units.; RM-11 zoning.
    (561) 277-6613
    Request Owner's contact information
    Weatherbee Rd Fort Pierce, FL 34982
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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
    Weatherbee Rd Fort Pierce, FL 34982
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