Oceanfront Development Opportunity - Prime St. Lucie Beachfront location. This rare offering features 159 feet of direct ocean frontage, perfectly suited for an exceptional oceanfront development. The property is currently deeded as two lots, with flexible build-out options:
Up to 3 homes on 53' x 225' lots, or
Up to 4 homes on 39' x 225' lots.
All underground utilities are already in place, including fiber optic service. The site is located within the St. Lucie County Erosion Control Zone with a beach renourishment plan in effect, and both lots are grandfathered beyond current setback lines.
Additional features include:
*Private beach access on both lots
*A1A frontage with two curbed driveways and storm sewer
Taxes listed are for both properties
Subdivision:
OCEAN VIEW SUBDIVISION REPLAT HOLLEY & MORGAN
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Lot Description:
Sidewalks, Cleared, Drainage, Filled, Gutter, Home
702-708 S Ocean Drive, Fort Pierce, FL, 34949
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
