Bought with Coldwell Banker Paradise
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301 S Ocean DR Fort Pierce, FL 34949
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Key Details
Sold Price $799,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Ft. Pierce Beach
MLS Listing ID RX-10012554
Annual Tax Amount $9,634
Tax Year 2014
Property Description
OCEANVIEW MIXED USE DEVELOPMENT OPPORTUNITY! APPROVED FOR 2 RETAIL BUILDINGS (3,400 SF) PLUS 4 OCEAN VIEW APARTMENTS (WITH INTERIM INCOME UNTIL SITE IS DEVELOPED). LOCATED ACROSS THE STREET FROM THE OCEAN. OVER 1/2 ACRE. THIS AREA IS EXPERIENCING A RESURGENCE OF BUILDING AND REDEVELOPMENT THANKS TO $20+ MILLION IMPROVEMENT ON A1A AND THE NEARBY JETTY PARK ENTERTAINMENT DISTRICT AT THE OCEAN FEATURING SEVERAL VERY POPULAR BARS & RESTAURANTS. RAPIDLY BECOMING A VERY WALKABLE AND POPULAR OCEANFRONT DESTINATION. SEE ATTACHED PLANS: 4 APARTMENTS/CONDOS OF 1,280 SF EACH + GARAGES WITH LARGE ROOF TOP DECK OVER ADJOINING RETAIL STORE. THERE IS CURRENTLY A CONVENIENCE STORE ON SITE CURRENTLY RENTED FOR $2,000/MONTH W/60 DAY TERMINATION PROVISION.(TO BE DEMOLISHED UNDER NEW DEVELOPMENT PLAN)
Location
State FL
County St. Lucie
Area 7010
Zoning PUR
Exterior
Utilities Available Electric Service Available, Municipal Sewer, Public Water
Waterfront No
View Ocean
Exposure E
Building
Lot Description 1/2 to < 1 Acre, Corner Lot, Paved Road, Sidewalks
Story 245.00
Others
Acceptable Financing Cash
Listing Terms Cash
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