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Property profile & analytics
OFF-MARKET
Land

0 Weatherbee Rd Fort Pierce, FL 34982

7 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 7 ac (304,920 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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