Property summary
This exceptional 5.34-acre site in Port St. Lucie, Florida, offers a fully approved mixed-use development plan. The project encompasses 112 residential units with garages, and 24,964 square feet of commercial space, including two restaurant outparcels. Located on SE Hillmoor Drive, this prime location benefits from strong demographic trends. Over $4 million in site work, including utilities and drainage, is already complete, making it pad-ready. Architectural plans, representing a $750,000 investment, are also in place, significantly streamlining the development process. The project is building permit-ready, with issuance expected within 90 days of submittal. This turnkey opportunity, with its versatile mix of residential and commercial space, presents a fast-tracked path to construction and value realization. The property consists of six buildings, totaling 157,914 square feet, and is listed at $9,500,000 ($60.16/sq ft). The permitted zoning is PUD (PSL), and the property includes eight pads. The site's multiple APNs reflect its composition of several parcels. This development is ideally suited for investors seeking to capitalize on the growing demand for mixed-use properties in this thriving Florida market.
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