Prime 5.33-Acre Development Opportunity - Zoned R4Located just minutes from the Turnpike and I-95, this 5.33-acre vacant lot offers endless potential with public water, sewer, and two drainage canals. Zoned R4 - Residential Medium Density, it allows for single-family homes, multi-family units (duplex, triplex, quadplex), townhomes, mobile homes or a 58 unit apartment complex.Situated directly across from Indian River State College, this property is ideal for student housing. Plus, it's conveniently close to Walmart, Starbucks, Lawnwood Hospital, and Lawnwood Sports Complex, a hotspot for baseball and football tournaments.With its prime location and flexible zoning, this is a fantastic investment and development opportunity--don't miss out!
0 Virginia Avenue, Fort Pierce, FL, 34947
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.
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