Owner financing is available with 50% down and a 10% interest rate, making this an attractive opportunity! This exceptional 2.42-acre parcel is a rare gem nestled in the highly sought-after neighborhoods of Port St. Lucie and Fort Pierce. Strategically positioned near Indian River State College, Lawnwood Medical Center, and the St. Lucie County Administrative Offices, this lot offers immense potential for innovative residential development that will appeal to discerning million-dollar investors and land developers.Zoned for up to 10 units per acre per the Tax Assessor Zone, with the possibility of expanding to 12 units per acre through bonus density justification, this property presents a lucrative investment opportunity.
Subdivision:
SOUTH TWENTY-FIFTH STREET REPLAT
Lot Description:
2 to < 3 Acres,5 to 10 Acres,Paved Road,Public Road,Sidewalks,West of US-1
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Listing courtesy of EXP Realty, LLC Phone: (888) 883-8509
Tbd Stanton Avenue, Fort Pierce, FL, 34981
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
