604 Midway RdFort Pierce, FL 34982

This exceptional 14.85-acre parcel, encompassing 604, 706, and a to-be-determined portion of West Midway Road in Fort Pierce, Florida, presents a compelling investment opportunity. Zoned R5 & C2, this land offers significant potential for high-density residential development, currently permitting up to 15 units per acre. The property's prime location within the city limits of Fort Pierce, St. Lucie County, ensures convenient access to essential amenities. Situated just west of South Federal Highway (South US Highway-1), residents will enjoy proximity to public transportation, shopping centers, grocery stores, and fitness facilities, enhancing the desirability of any future development. The City of Fort Pierce's "Innovative Residential Development" and/or affordable housing criteria could potentially allow for a substantial increase in the maximum permitted density beyond the current 15 units per acre, further maximizing the return on investment. This strategically located land offers developers a unique chance to capitalize on the rapid growth of St. Lucie County and create a thriving residential community. The asking price for this remarkable property is $6,875,000. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with significant upside potential.