2405 S 25th St

4.88
Acre
Status
Sold - Jun 02, 2022
Size
4.88 Acres (19,708 m2)
Price
$222,951/Acre ($55/m2)
Type
Land
MLS Number
R10767881
On Site
1707 Days
Updated
207 Days ago
Page Views
0
Prime Multi Family Development Site. Fabulous location! Near Indian River State College, Lawnwood Medical Center, and St. Lucie County Administrative Offices. 7.3 acres per Tax Assessor Zone for 10 units per acre. Potential for 12 units per acre for innovative residential development.(see bonus density justification letter example attached in documents) Conditional uses include group living, fraternal organizations, nursing homes, religious institutions, and more.(See attached zoning info under documents tab). 12 inch water main on South 25th St. in front of the property. Gravity sewer lines on West portion of the property(see utility maps under document tab). A portion of the property(4.9 acres) was previously approved for 48 townhomes in 2006(see attached info in docum

Features

All features
  • Current Use: MultiFamily
  • Approx SqFt Total Area: 212137
  • Property SqFt: 212137
  • Remarks: Prime Multi Family Development Site. Fabulous location! Near Indian River State College, Lawnwood Medical Center, and St. Lucie County Administrative Offices. 7.3 acres per Tax Assessor Zone for 10 units per acre. Potential for 12 units per acre for innovative residential development.(see bonus density justification letter example attached in documents) Conditional uses include group living, fraternal organizations, nursing homes, religious institutions, and more.(See attached zoning info under documents tab). 12 inch water main on South 25th St. in front of the property. Gravity sewer lines on West portion of the property(see utility maps under document tab). A portion of the property(4.9 acres) was previously approved for 48 townhomes in 2006(see attached info in docum
  • Internet Remarks: Prime Multi Family Development Site. Fabulous location! Near Indian River State College, Lawnwood Medical Center, and St. Lucie County Administrative Offices. 7.3 acres per Tax Assessor Zone for 10 units per acre. Potential for 12 units per acre for innovative residential development.(see bonus density justification letter example attached in documents) Conditional uses include group living, fraternal organizations, nursing homes, religious institutions, and more.(See attached zoning info under documents tab). 12 inch water main on South 25th St. in front of the property. Gravity sewer lines on West portion of the property(see utility maps under document tab). A portion of the property(4.9 acres) was previously approved for 48 townhomes in 2006(see attached info in docum
  • Waterfront: No info
  • Directions: East
  • Days on Market: 97
  • Closing Date: 2022-06-02
  • Compass Point: S
  • Office Name: Coldwell Banker Paradise
  • Area: 7.29
  • Taxes: 8283.4
  • Tax Year: 2021
  • Listing Date: 2022-01-04T19:00:00.000-00:00
  • Lot Size Square Feet: 212137

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Price History

Date
Event
Price
Change
Price Per
03/29/2022
Listed
$1.1M
 
$5 ft2
$55 m2
03/29/2022
$1.1M
Event
Listed
Price Per
$5 ft2
$55 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Thomas RouseColdwell Banker Paradise • Buyer Agency Compensation .

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