Silver Lake Park, 3240 Mura Dr

3.71
Acre
Status
Sold - Oct 23, 2020
Size
3.71 Acres (14,973 m2)
Price
$57,951/Acre ($14/m2)
Type
Land
MLS Number
R10622700
On Site
2308 Days
Updated
107 Days ago
Page Views
0
Approximately 3.7 acres of multi-family land zoned RM-11. 11 units per acre. Potential for 40 units. There is an excellent demand for rental properties in St. Lucie County and this is a good rental area. Also potential to add more land via abandonment of Duban Terrace Right of Way. Consists of 21 platted lots fronting Mura Drive, King Orange Drive(block of 18 lots) and South 7th St(3 lots). County has recently created a new Municipal Service Benefit Unit(MSBU) for this area. This will bring municipal water to serve this property. Ownership has signed up for 11 ERC's and has been assured by the county that additional ERC's are available if buyer goes for max density. Preliminary estimate is $5,000 per multifamily unit for water assessment.

Features

All features
  • Current Use: MultiFamily
  • Approx SqFt Total Area: 161172
  • Property SqFt: 161172
  • Remarks: Approximately 3.7 acres of multi-family land zoned RM-11. 11 units per acre. Potential for 40 units. There is an excellent demand for rental properties in St. Lucie County and this is a good rental area. Also potential to add more land via abandonment of Duban Terrace Right of Way. Consists of 21 platted lots fronting Mura Drive, King Orange Drive(block of 18 lots) and South 7th St(3 lots). County has recently created a new Municipal Service Benefit Unit(MSBU) for this area. This will bring municipal water to serve this property. Ownership has signed up for 11 ERC's and has been assured by the county that additional ERC's are available if buyer goes for max density. Preliminary estimate is $5, 000 per multifamily unit for water assessment.
  • Internet Remarks: Approximately 3.7 acres of multi-family land zoned RM-11. 11 units per acre. Potential for 40 units. There is an excellent demand for rental properties in St. Lucie County and this is a good rental area. Also potential to add more land via abandonment of Duban Terrace Right of Way. Consists of 21 platted lots fronting Mura Drive, King Orange Drive(block of 18 lots) and South 7th St(3 lots). County has recently created a new Municipal Service Benefit Unit(MSBU) for this area. This will bring municipal water to serve this property. Ownership has signed up for 11 ERC's and has been assured by the county that additional ERC's are available if buyer goes for max density. Preliminary estimate is $5, 000 per multifamily unit for water assessment.
  • Waterfront: No info
  • Directions: West
  • Days on Market: 114
  • Closing Date: 2020-10-23
  • Office Name: Coldwell Banker Paradise
  • Taxes: 2395
  • Tax Year: 2019
  • Listing Date: 2020-05-14T14:14:16.000-00:00
  • Lot Size Square Feet: 161172

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Price History

Date
Event
Price
Change
Price Per
08/03/2020
Listed
$215K
 
$1 ft2
$14 m2
08/03/2020
$215K
Event
Listed
Price Per
$1 ft2
$14 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Hoyt Murphy • Coldwell Banker Paradise • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Most errands require a car
37

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
46

100
Sound Score®
Bearable noise
78

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
28

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
3 – 4 BR
Bedrooms
$298K – $499K
Price Tier
700 - 3,830
SqFt Range
1972
Year Build
1
Total Floors

Subdivision Amenities

None

Fort Pierce
Entry-Level
Entry-Level Homes & Condos