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Site-Approved Mixed-Use Development

2160-2191 SE Hillmoor Dr., Port St. Lucie, FL, 34952
For Sale
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Property Highlights

    • Prime Location: Situated in the growing area of Port St. Lucie, this site benefits from strong demographic trends, making it ideal for residential and commercial development.
    • Turnkey Development: The site has over $4 million in paid site work, including utilities, drainage, and other infrastructure, making it pad site ready. Additionally, $750,000 has been invested in architectural plans, streamlining the development process.
    • Building Permit Ready: The project is ready for immediate execution, with the building permit available for issuance within 90 days of submittal.
    • Mixed-Use Potential: The approved site plan allows for a versatile mix of residential units and commercial space, catering to the demands of the local market. The project also includes two restaurant outparcels, providing further value and attracting traffic to the site.

Property Details

  • Price: $6,900,000
  • Property Type: Development, Land, Mixed Use
  • Availability: Available
  • Transaction Type: For Sale
  • Lot Size: 5.34 AC
  • Property Sub Type: Residential
  • Zoning Description: PUD (PSL)
  • APN/Parcel ID: Multiple
  • No. of Residential Units: 112
  • Total Retail Sq. Ft.: 29,964 SF
  • Total Garages Sq. Ft.: 25,000 SF

Property Description

Site-Approved Mixed-Use Development

This offering presents a prime development opportunity consisting of multiple land parcels totaling 5.34 acres, located on SE Hillmoor Dr. in Port St. Lucie, Florida. The site is fully site plan approved for a mixed-use development project, encompassing 112 apartment/condo units with garages, 24,964 square feet of commercial space, and two restaurant outparcels.

Investment Summary

This development opportunity is ideally suited for investors, developers, or joint venture partners looking to capitalize on the growing demand for mixed-use developments in Port St. Lucie. With significant site work already completed and architectural plans in place, this project offers a fast-tracked path to construction and value realization.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

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Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

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Status
Lease Expires

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