Seize this rare, fully entitled multifamily development opportunity in St. Lucie County's high growth Indrio Road corridor. Indrio Woods is a 33 acre site with full site plan approval for 229 attached residential units, featuring 90% market rate and 10% workforce designated housing (12 units @ 120% AMI and 11 units @ 100% AMI). This ready for permitting project eliminates the significant entitlement and political hurdles that make fully approved developments increasingly rare in this market.With PUD rezoning and final site plan approval secured, with up to 163 transferable development rights (TDRs) available for use in the County's TVC zoning district, this property offers unmatched flexibility and value.
Seize this rare, fully entitled multifamily development opportunity in St. Lucie County's high growth Indrio Road corridor. Indrio Woods is a 33 acre site with full site plan approval for 229 attached residential units, featuring 90% market rate and 10% workforce designated housing (12 units @ 120% AMI and 11 units @ 100% AMI). This ready for permitting project eliminates the significant entitlement and political hurdles that make fully approved developments increasingly rare in this market.With PUD rezoning and final site plan approval secured, with up to 163 transferable development rights (TDRs) available for use in the County's TVC zoning district, this property offers unmatched flexibility and value.
Features
Building and Construction
Absolute Longitude: 80.391167
Front Exp: North
Property Information
Property Group Id: 19990816212131825981000000
Land Information
Land Use: Multi-Family Med Den, Other
Lot Description: 26 to 50 Acres, Public Road, Treed Lot
School Information
Elementary School: Lakewood Park Elementary School
High School: Fort Pierce Central High School
Middle School: Dan MacCarty Middle School
Eco-Communities
Trees: Other
Utilities
Roads: City/County Maint.
Utilities Avail: Electric, Gas, Municipal Sewer, Public Water, Trash Removal
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