Land•Residential•For Sale

Port St Lucie Developer Opportunity

810 Kitterman Road, Port St Lucie, Florida 34952

Sale Price Market
Sale Type Development
Zoning RS4
Land Area 57.9 Acres
Improvements The 57.9 acre parcel has a is currently zoned RS4 with a Future Land Use(FLU) RU. Developer opportunity to construct 114 single family homes on 37.9 acres (3 du/AC) and 256 market rate apartments on 20 acres. Discussions with the county have noted that a PUD re-zoning could take place. 20 acres off the Eastern portion of the property could be designated RM yielding 9 du/ac and the remaining portion zoned RU at 5 du/ac.
Land Use Single Family and Apartment Development
Market South Florida
Sub-Market Port St Lucie
57.9 acres. Potential for developers to acquire all or a portion of the site. Conveniently located off of US-1 and Kitterman Road in St. Lucie County. Multiple uses available include: Residential (SFH, Townhomes), Apartments, Commercial and Light Industrial. Currently negotiating a robust incentive package with County. All incentives provided to be split with Seller and Purchaser 50/50. Commercial & Light Industrial opportunities with logistical access via Midtown Rd to the North or The Crosstown Parkway conveniently located to the South. Residential proposed up to 600 units. Signalized intersection at US-1 & Kitterman Rd. US-1 Access via spine road through adjacent property with North and South turn lanes proposed. US-1 is the counties only "transit roadway' providing for trips and linking public transportation systems. The 58 acre parcel is located off of Oleander Rd and Kitterman Rd, just 1 block west of US-1 Retail Corridor. The property is conveniently located just 5 minutes from Midtown Road and the Crosstown Parkway accessing I-95.
  • 57.9 Acres
  • Residential, Commercial & Light Industrial Use
  • Site Plan Approvals: 6 to 9 months
  • Significant Incentive Package currently being negotiated
9/9/2019 10:37:44 PM 1/30/2020 10:35:23 PM


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