$3,900,000
For Sale

5501 W Midway Road

Port Saint Lucie, FL 34983
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime 5 acre Commercial site on Midway Rd. Surrounded by roads on 4 sides. Midway is a rapidly growing main corridor connecting I-95 & US 1. Amazon has built a 1 million sf distribution facility at Midway and I-95 only 1.3 miles west of this site. The nation's largest Wavegarden Surf Park is to be located at the NW quadrant of Midway and I-95. (200 acres to include 800 homes, 600 hotel rooms and 400,000 sq ft retail space). New Turnpike interchange is in planning stages immediately west of the site. Traffic lights are possibly coming to each end of this property see attached sketch in documents tab. Also coming to Midway Rd.- Wylder a 1,970-acre 4,000 home community in the SW quadrant of I-95 and Midway Rd. Click on ''more'' line to see additional information. A new build to rent community (Ravinia) of 148 single family homes is under construction 1.4 miles East of this site and much more.
The intersection of Midway Rd and Milner Drive(Jenkins Rd on North side of Midway)will be a major intersection. Jenkins Rd is to be extended(approximately 7 miles) connecting Port St Lucie to St Lucie International Airport. Much of this roadway is in place and/or right of way already acquired.
This area of Midway Rd. has one of the highest traffic counts on the corridor at 24,000 Average Daily Traffic Count. See details in documents link.

  • Property Details
      • Lot FeaturesWest of US-1, Paved Road, Public Road, 3 to < 5 Acres
      • Lot DescriptionWest of US-1, Paved Road, Public Road, 3 to < 5 Acres
      • SubdivisionMIDWAY COMMERCE CENTER
      • ZoningGen commercial
      • Property SubtypeCommercial Land
      • MLS #RX-10738045
      • MLS #RX-10738045
      • Original List Price$1,950,000
      • CountySt. Lucie
      • Property TypePurchase
      • Taxes Annual$12,748
      • Cost3900000

Location

Colin GageEXP Realty, LLC
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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