1611 Jenkins RdFort Pierce, FL 34947

This exceptional 36.12-acre parcel in Fort Pierce, Florida, presents a remarkable investment opportunity. Located at 1611 S Jenkins Rd, this property is zoned R-5, allowing for high-density residential development. The land comprises nine adjoining parcels, offering flexibility for a variety of projects. Potential uses include single-family homes, villas, and townhomes, with the zoning permitting up to five homes per acre, potentially more with a Planned Unit Development (PUD). Fort Pierce's booming real estate market, fueled by a strong demand for mid-priced housing, makes this land highly desirable. The area's growth is further evidenced by the presence of established home builders like Lennar Corp, DR Horton, and LGI Homes. Conveniently located, the property enjoys proximity to major transportation arteries, including I-95 and the Turnpike, offering easy access to the region. Recreational amenities are also nearby, with the ocean and inlet just eight minutes away. Commuting is facilitated by the proximity to Vero Beach Regional Airport (25 minutes) and Treasure Coast International Airport in Fort Pierce. The asking price for this prime development land is $20,000,000. This is a rare chance to capitalize on the flourishing housing market in St. Lucie County. The anticipated widening of Jenkins Road to four lanes will further enhance the property's value and accessibility.