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East Lake Village 2.7 AC Parcel

2160 – 2190 SE Hillmoor Dr., Port St. Lucie, FL, 34952
For Sale

Property Details

  • Price: Call For Pricing
  • Property Type: Development, Multi-Family
  • Availability: Available
  • Transaction Type: For Sale
  • Building Size: 130,424 SF
  • Lot Size: 2.7 AC
  • No. Stories: 4
  • Zoning Description: CG / ROI
  • Units: 236

Property Description

East Lake Village 2.7 AC Parcel

  • Jeremiah Baron & Co. is pleased to present a pad-ready, site plan approved multifamily development land located off SE Lennard Road in Port St. Lucie, Florida.
  • The combined parcels measure a total of 5.34 acres. Parcel A is comprised of 2.7 acres while Parcel B totals 2.64 acres. Parcel A’s proposed plan features a 236-unit apartment development with 1 to 2-bedroom options.
  • Site is centrally located with quick access to US-1 which connects to the neighboring cities of Fort Pierce, Jensen Beach, and Stuart. The project location is in close proximity to shopping centers, hospitals, parks and beaches.
  • With a 2020 population of 222,960; Port St. Lucie is the 7th largest city in Florida and the 103rd largest city in the United States. Currently growing at a rate of 3.26% annually and its population has increased by 35.45% since the most recent census, which recorded a population of 164,603 in 2010.
  • NOTE: Parcel B is available for purchase with a total unit count of 236. See respective parcel ID’s in table.

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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

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
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

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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