2400 Leithgow St Port St. Lucie, FL 34952
- Commercial real estate
- 9.58 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2400 Leithgow St
- Lot size
- 9.58 lot acres
- Property type
- Commercial real estate
- APN
- 3414-501-6201-000-9; 3414-501-6201-020-5
Description
This exceptional 9.58-acre vacant land parcel in Port St. Lucie, Florida, presents a lucrative development opportunity. Currently zoned RS-3 (County), it allows for the construction of approximately 46 single-family homes or 93 townhomes, based on existing plans. However, significant potential exists for multifamily development; rezoning to city zoning could yield up to 105 multifamily units (11 units per acre). An engineering report confirms minimal wetlands (0.2 acres) and that a pond on the property is solely from rainwater accumulation. Comprehensive documentation is available, including environmental studies, surveys (topographic, bathymetric, wetland delineation), preliminary site plans, and a cut-fill estimate. The property's prime location, less than a mile from the US-1 retail corridor (near Port St Lucie Blvd/SE Mariposa Ave and SE Leithgow Street), offers easy access to amenities such as Walmart, Sam's Club, and various restaurants. Proximity to Mariposa Elementary School and recreational areas like Jensen Beach Golf Club and Savannas Preserve State Park further enhances its appeal. The two parcels (APN: 3414-501-6201-000-9; 3414-501-6201-020-5) are offered at $2,500,000. This represents a compelling investment in a rapidly growing Florida market with high housing demand. The seller is motivated.
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
- -80.2776689
- Latitude
- 27.2696026