Bought with Lowes Int'l Realty Plus Inc
$3,000,000
$3,495,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
9.44 Acres Lot
SOLD DATE : 05/11/2018
Key Details
Sold Price $3,000,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Coral Cove Beach Section 1 - Condo
MLS Listing ID RX-9978258
Sold Date 05/11/18
HOA Y/N No
Annual Tax Amount $63,439
Tax Year 2014
Lot Size 9.440 Acres
Property Description
Lender sale Price reduced by $ 700,000.00 12,17,2016 Subject is Permitted 9.44 acres located on North Hutchinson Island Florida 34949 .Property is 7 miles south of Vero Beach and north of the Ft Pierce Inlet. Property permitted for 70 condominiums and 17,000+/- sq feet of Commercial.Small garage/sales office was built by previous owners for sales.If buyer wants a new site design a new site plan must be submitted to county. County has a fast track system now for permitting.The subject may be only commercial site left on North Hutchinson Island. It is also one of the few largest parcels for sale across from ocean. County is ready to work with new buyer for development.Property approved for 70 condo's and 17,000 +/- square feet of commercial space.
Location
State FL
County St. Lucie
Community Grande Beach Village
Area 7020
Zoning PMUD Mixed
Exterior
Community Features Bank Owned, Comforms to Zoning, Easements, Institution Owned, Platted
Utilities Available Cable, Electric Service Available, Municipal Sewer, Phone Line, Public Water
Waterfront Description Canal Width 1 - 80
Present Use Bank Owned,Comforms to Zoning,Easements,Institution Owned,Platted
Exposure East
Building
Lot Description 5 to 10 Acres, Corner Lot, East of US-1, Paved Road, Public Road, Sidewalks
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
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