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Land · Commercial · Conservation · Land Management5120 S. Lakeland Drive, Suite 3 · Lakeland, FL 33813Phone: 863-648-1528 · Toll Free: 1-877-518 LAND
www.saundersrealestate.com
Indrio Crossing Multi-FamilyFt. Pierce, FL
Indrio Crossing Multi-FamilyFt. Pierce, FL
Multi-Family vacant land directly east and adjacent to the Indrio CrossingShopping Plaza. Potential for some commercial zoning.
Acreage: 33.2 +/-acresPrice: $1,490,000Location: 6654 Indrio Rd; Ft. Pierce, FL 34951Land Use: PUD (previously 92 units)
Future use is RM 9 units per acre (298 units)Frontage: 1,200 +/- ft on Indrio Road
1,200 +/- ft on Miramar AveNearest Intersection: Indrio Rd and Kings HwySTR: 34S - 39E - 13
Indrio Crossing · Ft. Pierce
© 2010 Coldwell Real Estate Corporation. Coldwell Banker Commercial® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Office is Independently Owned And Operated.
While every attempt is made to provide as accurate information on this property offering as possible, COLDWELL BANKER COMMERCIAL SAUNDERS REAL ESTATE (CBCSRE) does not guarantee the accuracy thereof. Buyer shall rely entirely on their own information and inspectionof property and records.© Copyright Coldwell Banker Commercial Saunders Real Estate, All Rights Reserved, Worldwide: All content inclusive of text, graphics, images, and logos is the property of CBCSRE. You may not copy this material by any means (including electronic copies),reproduce, duplicate, scan, modify, publish, transfer, use on your own website, distribute, or create a derivative work without receiving written permission from CBCSRE.
863-648-1528www.saundersrealestate.com
031010A/JC
Multi-Family
298 units
Neighboring Properties
This beautiful 33.2 acre parcel, designated RM on thegrowth management plan, allows for up to 298 units. It isconveniently located within walking distance to shoppingand restaurants and a short five minute drive to accesseither I-95 or US. 1.
In addition, the parcel has completed the PUD approvalprocess to develop Lakeside Village, a 92 unit plannedcommunity. The property sits adjacent to the IndrioCrossing Shopping Plaza with Winn Dixie, Bealls Outlet,Indrio Gym, Coil Laundry and Dry Cleaning, CVSand restaurants.
Saint Lucie County is predicted to remain one of thefastest growing counties in the state with 118,000 newresidents expected in the next 15 years, according to theUniversity of Florida’s most recent study. The propertylocation provides excellent traffic exposure with 8,700cars/day on Indrio and 12,300/day on Kings Highway.Both Indrio Rd and Kings Highway are slated forwidening projects, with the final plans projected to becompleted in 2010.
Original Single-FamilyPUD Information
Total Area: 33.20 AcresUpland Preservation: 5.39 AcresWetland: 2.05 AcresR.O.W. Dedication: .82 AcresNet Buildable Area: 24.95 AcresDensity: 2.77 UPA
Set-backs:Front Yard: 20.0’Rear Yard: 15.0’Side Yards: 7.5’Building Pad Size: 40’ x 65’Single Story Area: 2,600 SFTwo Story Area: 5,200 SF
Lakeside VillageLocation: Lakeside Village is situated in the heart of fast growing St. Lucie County,Florida. Located directly on Indrio Road (County Road 614), less than one-quartermile east of Kings Highway (State Road 713), Lakeside Village provides instantaccess to and from I-95, Florida’s Turnpike and US 1. This ideal location alsoprovides an excellent marketing window, with an abundance of drive-by traffic.
Land Use: Lakeside Village consists of a total of 33.2 fully wooded acres. Greatcare has been taken to preserve the natural feel of the community, providing forNinety-Two (92) premium homesites, none of which back up to each other. Of the92 homesites, major premium opportunities have been provided with 41 Waterfronthomesites, 13 Wetland homesites, 2 Conservation Homesites and 36 PrivacyHomesites. In addition, a .54 acre Recreational Tract is included, which may be leftas a passive park or developed for further recreational use in the future. Both accesspoints are approved for Entry Gates, and a relaxed traffic flow has been created byutilizing an outstanding circular street layout, along with one cul-du-sac, and asignature traffic circle which creates a beautiful aesthetic amenity. Buffer areas areprovided at both entries, and around the entire perimeter of the neighborhood. Dueto the extensive land planning and creative layout, no mitigation of tress or wetlandsis required. Homesites are a generous 55 x 100 minimum, with an amazing 57 of 92homesites being oversized.
Area: This area is poised for tremendous growth over the next few years with thedevelopment of the Torrey Pines Institute for Molecular Studies. An addition impactwill be the 78 million baby boomers, the oldest of which are reaching the age of 64this year, entering the retirement age. This generation is the largest, most active, andwealthiest in history, a perfect demographic for the growth of Florida. Over 50% ofthose retirees plan to move to a new state in retirement, with Florida the preferreddestination totaling of 17% of those moving. This trend will create an increase inmigration to the state and have a significant change in the demographics. TheUniversity of Florida’s 2010 growth study, projects St. Lucie County’s population toincrease more than 36,000 in the next 5 years and nearly 119,000 over the next 25years. This projected increase of 71% over the next 25 years will produce atremendous demand for this conveniently situated property. The property sits withinthe Urban Services Boundary for St. Lucie County a boundary the County strictlyadheres to for allowing future development and related services. This uniqueproperty provides convenient shopping and access with naturally beautifulappearance for an extremely attractive location.
Permits: Lakeside Village plat was previously approved with all engineering anddesign work completed. A current development plan will require resubmittal to thecounty for approval.
5120 S. Lakeland DriveSuite 3Lakeland, FL 33813
Land · Commercial · Conservation · Property Management
33.2 +/- acres Multi or Single FamilyNext to Indrio Crossing Center in Ft. Pierce, FL
SITESITE
Ideallylocated
near I-95.
Multi-Family
298 units
SITESITE
Kin
gs
Hw
yI-95
Florida Tpke
I-95
Hwy 60
CR 614/Indrio Rd
US 1
US 441
Driving Directions:• From the intersection of I-95 & Indrio Rd, north of Ft. Pierce, travel east
3 miles through the intersection of Kings Hwy and Indrio Rd.• Continue traveling east 1/4 mile to property sign on the left.• Property is located adjacent and due east of Indrio Crossing Shopping Plaza.