2205 S 25th St

4.88
Acre
Status
OFF MARKETExpired
Size
4.88 Acres (19,708 m2)
Price
$450,820/Acre ($112/m2)
Type
Land
MLS Number
R10975619
On Site
885 Days
Updated
736 Days ago
Page Views
0
Owner financing is available with 50% down and a 10% interest rate, making this an exceptional opportunity for savvy investors and high-value buyers. This prime 4.87-acre parcel is strategically located in a highly desirable area near Indian River State College, Lawnwood Medical Center, and the St. Lucie County Administrative Offices. The property offers tremendous potential for innovative residential development, with zoning allowances for up to 10 units per acre, and the possibility of increasing to 12 units per acre through bonus density justification.Versatile conditional uses, including group living, fraternal organizations, nursing homes, and religious institutions, further enhance its investment appeal.

Features

All features
  • Approx SqFt Total Area: 212137
  • Property SqFt: 212137
  • Remarks: Owner financing is available with 50% down and a 10% interest rate, making this an exceptional opportunity for savvy investors and high-value buyers. This prime 4.87-acre parcel is strategically located in a highly desirable area near Indian River State College, Lawnwood Medical Center, and the St. Lucie County Administrative Offices. The property offers tremendous potential for innovative residential development, with zoning allowances for up to 10 units per acre, and the possibility of increasing to 12 units per acre through bonus density justification.Versatile conditional uses, including group living, fraternal organizations, nursing homes, and religious institutions, further enhance its investment appeal.
  • Internet Remarks: Owner financing is available with 50% down and a 10% interest rate, making this an exceptional opportunity for savvy investors and high-value buyers. This prime 4.87-acre parcel is strategically located in a highly desirable area near Indian River State College, Lawnwood Medical Center, and the St. Lucie County Administrative Offices. The property offers tremendous potential for innovative residential development, with zoning allowances for up to 10 units per acre, and the possibility of increasing to 12 units per acre through bonus density justification.Versatile conditional uses, including group living, fraternal organizations, nursing homes, and religious institutions, further enhance its investment appeal.
  • Waterfront: No info
  • Days on Market: 150
  • Compass Point: S
  • Office Name: EXP Realty LLC
  • Area: 212137
  • Taxes: 16142
  • Tax Year: 2023
  • Listing Date: 2024-04-05T20:37:11.000-00:00
  • Lot Size Square Feet: 212137

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Price History

Date
Event
Price
Change
Price Per
04/10/2024
Listed
$2.2M
 
$10 ft2
$112 m2
04/10/2024
$2.2M
Event
Listed
Price Per
$10 ft2
$112 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Kimone FearonEXP Realty LLC • Buyer Agency Compensation .

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