Opportunity Zone | Waterfront Income Producing Development Opportunity
Search other listings in Fort Pierce, FL, US
Listing was updated on: 02/21/2021
Property Overview
| Price/Rent PSF | $ 5,950,000.00 |
| Asset Type | Office |
| Trade Type | Sale |
| SQ. FT. Available | 7,635 |
| Date Available | 02/09/2021 |
| Additional URL | Link |
| Additional parameters | Show |
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Description
Location
This property is located in Fort Pierce, Florida at the base of the N. Causeway bridge. A very short distance to the Fort Pierce Inlet, one of the largest and safest of all inlets along the east coast of Florida.
Sale
SVN is please to present this Single Tenant, Income Producing, Spectacular Marina & development site located at the
base of the N. Causeway Drive bridge, which connects the barrier island of North Hutchinson Island, to the City of Fort
Pierce. A former project, known as Blue Harbour, was a concept designed in 2006 to include 145 condos and 42 deep
water slips. The seawall was recently replaced, and the marina is approved by USACE for a maximum dredge depth of
7.6'. This marina is a great opportunity for an investor or developer looking for a waterfront opportunity with some
existing cash flow as an added bonus.
Located in an "Opportunity Zone", this program encourages private investment by providing tax incentives for investors/developers who invest in qualified businesses and properties in these areas.
Location