2400 Leithgow StPort St. Lucie, FL 34952
- Residential income properties
- 9.58 AC
Property Details for 2400 Leithgow St
- Lot size
- 9.58 AC
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
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.
Location Insight
- City
- Port St. Lucie
- County
- St Lucie
- State
- Florida
- Latitude
- 27.2696
- Longitude
- -80.2777
Comparable in this City
Similar Nearby for Sale
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