South Beach at Hutchinson Island

901 South Ocean Drive Fort Pierce, FL 34949

Fort Pierce
FOR SALE
Property Type:
Residential Land Development
Amount:
Please Call Broker for Price

Last Verified:
Jul 30, 2024

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Highlights

  • - Site plan approved for 52 luxury townhomes.
  • - Zoned PD (Planned Development).
  • - With direct beach access steps away, this provides an Ideal canvas for crafting a distinctive residential community.
  • - Strategic location on South Hutchinson Island in the coveted Fort Pierce.
  • - Very close proximity to downtown Fort Pierce.

Description

This entitled 52-unit luxury townhome development on South Hutchinson Island presents an exceptional opportunity for residential investment in the highly coveted Fort Pierce market. With a zoned PD (Planned Development) designation, this property offers immense potential for residential development, providing the ideal canvas for crafting a distinctive residential community with easy access to a range of amenities and conveniences. This offering is site plan approved for 52 luxury townhomes with a stunning clubhouse featuring a pool, fitness facility, and more. The development also features direct beach access just steps from the entrance, along with stunning views of both the ocean and the inlet. Situated in a burgeoning market, this property is primed for transforming into a premier residential destination, making it an attractive prospect for discerning land and residential investors. Take advantage of one of Hutchinson Island's last remaining development opportunities and shape the future of Fort Pierce with this remarkable investment opportunity.

Explore the outstanding potential of the South Hutchinson Island area for residential development! Nestled in the charming coastal community of Fort Pierce, the location offers an enticing mix of business prospects and leisure attractions. Residential developers can take advantage of the thriving local economy and close proximity to renowned points of interest such as the Fort Pierce City Marina, historic downtown district, and the picturesque beaches along South Hutchinson Island. With a variety of dining, shopping, and entertainment options, as well as easy access to major transportation routes, the property presents an appealing opportunity for developers seeking a vibrant and rapidly expanding market.

Lot Size: 6.88 acres

Map of 901 South Ocean Drive, Fort Pierce, FL, 34949

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.