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Property profile & analytics
OFF-MARKET
Land

100 Misty Ln Fort Pierce, FL 34947

10.03 ac lot
Property ID
Property summary
AI-generated overview

This 10.03-acre commercial land parcel in Fort Pierce, Florida (APN 24-17-342-0006-0009), is offered at $3,700,000 fee simple. Zoned for multi-family development, it's fully entitled for 144 units, with all impact fees already paid. Conveniently located on Okeechobee and Virginia Avenues, this site boasts exceptional access to major thoroughfares and is near a shopping mall and grocery store. The strategic location offers easy ingress and egress, high visibility, and proximity to established commercial amenities. This presents a unique opportunity to create a vibrant residential community, capitalizing on the area's growth and providing residents with a desirable lifestyle. The existing entitlements streamline the development process, minimizing delays and maximizing efficiency. The property's size and location, combined with the paid impact fees and multi-family zoning, make it an exceptional investment opportunity in a rapidly growing region. The site's potential for creating a thriving community, blending urban convenience with natural serenity, is undeniable. This is a rare chance to develop a signature residential project in a prime Fort Pierce location. The property is ready for immediate development, offering a significant return on investment for the right developer.

Property profile
Verified
Property type Land
Lot 10.03 ac (436,907 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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