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Development Opportunity Near Indian River
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Virginia Ave, Fort Pierce, FL 34947

5.33 acres zoned for 64 residential units.

Property SizeContact for details
Lot Size5.33 Acres
Days on Market633

Property Features for Virginia Ave

General Information

Standard status Active
Lot size 5.33 Acres
Property subtype Land
Zoning Medium Density
Listing Agency: RT Commercial
Listed By: Jorge Tovar · License #FL
Source: Crexi
Added: Nov 15, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RT Commercial

Investment Insights

Based on property information with market context.

This 5.33-acre lot, located directly in front of Indian River State College on Virginia Avenue, presents a development opportunity. Zoned for 64 residential dwellings, the property is suited for a multifamily development catering to students, faculty, and the local residential population. The area is a commercial hub with national tenants. Virginia Avenue provides access to major thoroughfares, ensuring connectivity to surrounding areas and amenities. The property has zoning approval for 64 units and visibility on Virginia Avenue. It is adjacent to Indian River State College and in close proximity to national retailers, dining, and services.

Key Highlights

  • 5.33 acres zoned for 64 residential units, ideal for multifamily development.
  • Prime location directly in front of Indian River State College.**
  • High visibility on Virginia Avenue, a high‑traffic corridor.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby

Demographics for 34947, FL

13,933
Population
4,691
Households
3
Avg Household Size
32
Median Age
19%
College-Educated
81%
High-School Grad
9.7 sq mi
ZIP Area
1,436
Density / Sq Mi
$44,985
Median Household Income
$31,968
Median Earnings
$1,125
Median Rent
$202,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 5.33 acres zoned for 64 residential units.
Where is this residential land & home lot located?
The property is located at Virginia Ave Fort Pierce, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5.33 acres zoned for 64 residential units, **ideal for multifamily development**.; Prime location directly in front of Indian River State College.**; High visibility on Virginia Avenue, a high‑traffic corridor.
More about this property
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