1 And Kings Hwy Fort Pierce, FL 34945
This exceptional 19-acre parcel presents a remarkable opportunity for large-scale residential development. Strategically located on US-1 in Fort Pierce, Florida, this property boasts unparalleled visibility and accessibility. Its prime location directly across from a brand-new, 650-unit Lennar residential community offers significant synergy and established market demand. The elevated land provides stunning intracoastal views, a highly desirable feature for potential residents. The site is zoned to accommodate 434 apartment units, presenting a substantial development potential. With its expansive acreage, prime location, and favorable zoning, this property is ideally suited for a high-density residential project catering to the growing Fort Pierce market. The property's address is US 1 and Kings Highway, Fort Pierce, FL 34945, within St. Lucie County. The asking price for this exceptional development opportunity is $10,000,000. This is a rare chance to acquire a significant land holding in a thriving coastal Florida community. The property's latitude and longitude coordinates are 27.4473634 and -80.3991912 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.