For Sale

Beach Pines at Indrio Rd

Indrio Rd,
Fort Pierce, FL 34951
Represented by
SLC Commercial

Asset Snapshot

2014
Year Built
1
Building Count
10.65 Acres
Land Area

Offering Summary

Investment Overview

Beach Pines is a 10.65 acre residential development site carrying entitlements for a 75 unit townhome project. The two-story residences offer highly marketable three-bedroom/two-bath layouts with private garages, supported by a clubhouse and pool, guest parking, stormwater facilities and landscaped open space. This project provides a significant head start on development with approved site plans, infrastructure in place, and favorable physical site conditions. The project is ideally suited for build-to-rent execution, with potential for an individual-unit sellout strategy subject to any additional platting or condominium approvals. The product type targets one of Saint Lucie County’s most active undersupplied housing segments, family-oriented product targets one of St. Lucie County’s most active and undersupplied housing segments. Located within the quieter eastern section of the emerging Indrio Road corridor—approximately 10 minutes from area beaches and convenient to I-95 and Treasure Coast International Airport—the property offers an exceptional alignment of product type, price point and high-growth North St. Lucie County location.


Investment Highlights

  • ±10.65-acre RM-9 residential development site in North St. Lucie County
  • St. Lucie County site-plan approval for 75 townhome-style multifamily units
  • 15 five-unit buildings with two-story, three-bedroom/two-bath residences
  • Private garages with clubhouse, community pool, guest parking, stormwater facilities, and landscaped open space
  • Substantial pre-development work completed, including architectural, civil, utility, and environmental planning
  • Strategically located along the Indrio Road growth corridor, one of North St. Lucie County’s emerging residential development areas
  • More than 5,000 residential units approved or under development along the western portion of the corridor
  • Convenient access to Interstate 95 via a full interchange, supporting regional connectivity
  • Located in the quieter eastern section of the Indrio Road corridor, offering a lower-intensity residential setting
  • Surrounded by the natural character of the Savannas Preserve area
  • Approximately 10 minutes from area beaches
  • Convenient to Treasure Coast International Airport and major regional transportation routes
  • Presently configured as a single-ownership community, positioning the project well for a build-to-rent strategy
  • Potential for an individual-unit sellout strategy, subject to any additional platting or condominium approvals
  • Family-oriented housing product targeting an active and undersupplied St. Lucie County housing segment
  • Compelling combination of development readiness, residential growth, regional accessibility, and coastal proximity

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Listing Syndicated From

Buildout
Accepting Offers
$2,950,000
Asking Price

Investment Sales Broker

Cooper Osteen
SLC Commercial

Market Insights