Property Overview
Introducing a rare large-scale multifamily development opportunity in Fort Pierce, Florida. Located on Okeechobee Rd, this 10-acre parcel is ideally suited for the construction of up to 144 residential units, making it a prime site for developers, builders, or investors looking to deliver much-needed housing inventory in a high-growth Treasure Coast market. With strong fundamentals and an unbeatable location, this property is positioned to become a cornerstone residential community.
Land & Development Features
Total size: 10 acres of flat, buildable land
Potential for up to 144 multifamily units (apartments or townhomes)
Favorable zoning for medium- to high-density residential development
Utilities accessible at or near the property line (water, sewer, electricity)
Site plan flexibility allows for creative design: garden-style apartments, townhomes, or a mixed-use community
Investment Highlights
Scale: Large 144-unit capacity offers economies of scale in construction and property management
High-demand submarket: Fort Pierce’s strong rental demand ensures rapid lease-up and long-term occupancy stability
Rare opportunity for a 10-acre site in a rapidly developing corridor
Multiple exit strategies: income-producing rental community or fee-simple townhome sales
Significant upside potential with market rent growth and population expansion in the Treasure Coast
Location & Market Advantages
Located directly on Okeechobee Rd, one of Fort Pierce’s main thoroughfares
Quick access to I-95 and Florida’s Turnpike, connecting to Palm Beach, Broward, and Orlando markets
Close to shopping centers, schools, medical facilities, and employment hubs
Just minutes from Fort Pierce’s historic downtown and beaches
Situated in St. Lucie County, one of Florida’s fastest-growing regions, experiencing strong demand for affordable and workforce housing
📌 Summary: 3614 Okeechobee Rd is a 10-acre development site approved for 144 units, offering unmatched potential for a large-scale multifamily project in a growing market. With excellent highway access, robust local demand, and strong long-term fundamentals, this site is ideal for developers and investors seeking scale, stability, and future growth on Florida’s Treasure Coast.