5001 Indrio Rd - Residential LAND FOR SALE


Fort Pierce, FL 34951- Lakewood Park463,914 SF
$3,500,000 USD
772-348-4520
5001 Indrio Rd, Fort Pierce, FL for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/13
463,914 SF

5001 Indrio Rd
Fort Pierce, FL 34951
Lakewood Park


HIGHLIGHTS

  • Shovel-ready Fort Pierce townhouse development with full plans included, allowing immediate permitting and a faster path to vertical construction.
  • Prime 10.65-acre corner site with no wetlands, clean title, and favorable topography, significantly reducing entitlement risk and development costs.
  • Approved 75-unit concept with modern layouts, garages, and amenity features positioned to meet strong local housing demand in a high-growth market.
  • Flexible investment options, including joint venture or limited partnership participation and potential seller financing for qualified buyers.

OVERVIEW

A total of 10.65 acres of prime residential development land is available for sale in a rapidly expanding coastal market at 5001 Indrio Road in Fort Pierce, Florida. On the corner of Indrio Road and Slash Pine Trail, the site is situated in a safe and attractive area, surrounded by thriving neighborhoods, golf courses, and active development corridors. Complete development plans are included and prepared for immediate submission to the building department for permitting. The approved concept features a 15-building townhouse community with five units per building, totaling 75 residences that average 1,414 square feet per unit, each with three bedrooms, two-and-a-half bathrooms, and one-car garages. According to the site plan, the development will also deliver a clubhouse and pool area. The shovel-ready project status allows construction to begin promptly upon permit issuance. Land characteristics include a level lot with no wetlands, minimal tree coverage, a clean title, and no encumbrances, which reduce development risk and timelines. Ownership is open to a joint venture (JV) or limited partnership (LP) structure, providing flexibility for qualified investors or developers. The seller may offer partial financing through a small mortgage for a financially qualified buyer. Approximately 6 miles from the Fort Pierce City Marina, the Inlet, and multiple beaches, the area offers strong appeal for future residents seeking proximity to waterfront amenities. Fort Pierce continues to gain recognition as a development-friendly market, benefiting from population growth, infrastructure investment, job creation, and relative affordability compared to South Florida, which creates strong demand for new residential communities.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$328,638/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Beach Pines at Indrio East

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

10.65 AC

LAND SF

463,914 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

RM-9

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Steve PabonSATCOMMMore Info
772-348-4520

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Steve PabonSATCOMMMore Info
772-348-4520

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.