Port St. Lucie, FL 34987
- Retail properties
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details
- Lot size
- 1.00 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional commercial land offering presents a unique investment opportunity in the thriving Tradition community of Port St. Lucie, Florida. Located in St. Lucie County, zip code 34987, this property boasts multiple acreage options ranging from 1 to 6 acres, with pricing varying accordingly. One to two-acre parcels are available, zoned MPUD, allowing for the development of a significant assisted living facility, potentially accommodating over 150 units, encompassing assisted living, memory care, and independent living options. The site's strategic location offers unparalleled access to essential amenities, including nearby medical facilities, retail centers, and entertainment venues, catering perfectly to the needs of a senior-focused development. This location benefits from the proximity to the Cleveland Clinic and other major medical centers, ensuring convenient access to healthcare services. Furthermore, the property is situated within a rapidly expanding residential area, with approximately 40,000 planned and existing residential units in the immediate vicinity, creating a robust and readily available resident base. The high average household income exceeding $105,000 within a one-mile radius underscores the strong purchasing power and market demand in the area. Additionally, the zoning permits up to approximately 45,000 square feet of medical, office, or retail space, providing flexibility for diverse development plans. The property's potential is further enhanced by the significant residential growth within Tradition, with 3,152 homes developed between 2020 and 2021. This presents a compelling opportunity for developers seeking a prime location for a senior living facility or other commercial ventures in a high-growth market. Specific pricing details are available upon request, with options ranging from $1,100,000 to $6,000,000 depending on the selected acreage.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port St. Lucie
- County
- St Lucie
- State
- Florida
- Longitude
- -80.424
- Latitude
- 27.2549