Bought with Coldwell Banker Paradise
$781,200
$976,500
20.0%For more information regarding the value of a property, please contact us for a free consultation.
19.53 Acres Lot
SOLD DATE : 09/15/2022
Key Details
Sold Price $781,200
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID RX-10788264
Sold Date 09/15/22
HOA Y/N No
Annual Tax Amount $528
Tax Year 2021
Lot Size 19.530 Acres
Property Description
19.5 acres on booming King Highway. Excellent land bank opportunity. Kings Hwy is undergoing a major widening project. Phase 1 is complete(south section) Phase 2, a $45 Million project, should be complete Winter 2022. Land is selling for well over $100,000 per acre in Phase 1 & 2 including large tracts. Property is in Phase 3, the northern section, which in approximately is 3-5 years will complete this major corridor bringing water and sewer down the Highway. Property is Ideal for future industrial use..(see land use info under documents tab.)Please Note, property does not have direct access at this time. A culvert will have to be installed or wait until the phase III portion of the Kings Hwy widening project is completed.
Location
State FL
County St. Lucie
Area 7050
Zoning AG-1Co
Exterior
Community Features Agricultural Exempt
Utilities Available None
Present Use Agricultural Exempt
Exposure East
Building
Lot Description 11 to 25 Acres
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "