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Note
Waterfront Income Producing Development Opportunity
Listing was updated at: 10/12/2018
Property Overview
Price/Rent PSF $ 5,900,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 7,635
Date Available 10/12/2018
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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
Newly Priced! Reduced from $12,000,000. SVN has listed this Single Tenant, Income Producing, Spectacular Marina 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. This property is approved for a project known as Blue Harbour, which includes 145 condos and 42 deep water slips. The seawall was recently replaced, and the marina was dredged in 2012. This is a great opportunity for an investor or developer looking for a waterfront opportunity.
*Additional income-producing property is located on the southwest corner of the quadrant. 4 bay Commercial Building encompassing 2,408 sq feet. Zoned General Commercial for Office or Retail Use. The entire building is currently rented to one tenant for $1,565 per month, plus $533 CAM. Tenant renews on six month increments. This 0.35± acre property is offered for $350,000 by Coldwell Banker Commercial.

Location

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