1990 North Us Highway 1, Fort Pierce, FL, 34946 | $500,000

Prime RIVERVIEW commercial site just South of the US #1 and North A-1-A Causeway Intersection. Across from a Publix Plaza and near The new North Bridge(a $111 Million project) - under construction. Completion expected Spring 2026. See broker remarks or call for FDOT website w/ the details on this bridge project. The property consists of portions of 2 adjacent properties that the 2 owners have agreed to sell with simultaneous closing provision. Approximately . 87 acre with approx. 223 feet on US 1. Buyer will need to annex one of the parcels into the City of Fort Pierce and take 2 of the parcels thru a lot split. Located in an Opportunity Zone. The combined parcel is a portion of 2 larger parcels + a 3rd parcel(see maps and aerials in photos in docs tab

Features

  • Zoning: Gen Commercial
  • Frontage: 223.00
  • Lot Desc: 2 to < 3 Acres
  • MLS#: RX-10802769
  • Website: https://www.raveis.com
    /prop/RX-10802769/1990northushighway1_fortpierce_fl?source=qrflyer
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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1990 North Us Highway 1, Fort Pierce, FL, 34946

$500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $400,000 $400,000 $400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,729 $2,695 $3,430
Total Monthly Payment $2,821 $2,787 $3,522

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.