$750,000
For Sale

10609 S Indian River S Drive E

Fort Pierce, FL 34950
Type:Purchase
Structure:House
Zone:Residential

Description

POSSIBLE short term Owner Financing.
''One of a Kind'' buildable residential lot surrounded by protected government land and Preserve / Sanctuary. 10609 S Indian River Drive.
Truly a unique one-acre buildable waterfront lot directly overlooking a spectacular expanse of the Indian River Lagoon.
The ultimate location if you are wanting a native Florida habitat setting for an exclusive coastal estate. This rare residential homesite already has an electric power pole on site is surrounded on three sides by Government protected land that cannot ever be built on or developed into houses. In other words, you will never have any residential neighbors living right next door to you or see any other homes from this very exclusive and private location.
You may find a few other lots for sale along South Indian River Drive, however there are no comparable lots offering this kind of privacy being nestled in Government protected land like this one. Finding another secluded waterfront opportunity like this one, is like finding a needle in a haystack if it even exists.
The Government land or neighbor to the South and directly behind this lot is St. Lucie County with a 31-acre tract of protected native Florida scrub known as the Walton Scrub Preserve. To the West of this is the Savannah State Park with over 6,500 acres of protected wetlands with a nearby family friendly visitor center that is open to the public and has a small boat launch area available for non-motorized watercraft such as Jon boats, canoes, and kayaks. To the North of this property is a 10-acre tract owned by F.I.N.D. the Florida Inland Navigational District. This Governmental agency owns many tracts of land up and down the coast and their primarily purpose is to maintain the safe navigation of the Intracoastal Waterways. To oversee any dredging if necessary and to make sure that any land areas used to drain off said fill, will be returned to its natural state and habitat.
This property located at 10609 S Indian River Drive also includes the ownership and riparian rights on the land located to the East side of S Indian River Drive. In such case a dock may be constructed with proper permitting.
Another unique feature about this property other than having total privacy of being surrounded by protected Government land. Is that the ground survey elevation from the road is 25 foot above sea level with even a bit more elevation as the lot goes further to the West. This is a huge advantage for obvious reasons and offers the possibility of having a basement put in for an emergency storm shelter, a safe room or if you wish to have additional underground living space.
All information is deemed to be true and reliable, but the prospective buyer should do their own due diligence and verify current building codes and regulations with the appropriate governmental agencies.
The lot is zoned for single family residential, however (2) two separate residential building structures could be built on the lot. For example. You could start your first building in the rear of the property with let's say a 5-car garage, put in a preppers or emergency storm basement with a vault and other features. Along with having living quarters built above ground with a Mother in Law suite or whatever kind of floor plan or design of your choice. This rear building could either be a single story or go up to 35 feet as a two-story building. The rear building could be used to live in temporarily while the larger main house in the front could be constructed. A total square footage of 8,500 square feet of building space is allowable for this size lot. This includes both buildings if desired, or for just one larger single family dwelling unit. No Multi-Family.
Possible Owner Financing is available. Terms to be negotiated.

  • Property Details
      • Property SubtypeSingle Family Detached
      • SubdivisionHEERMAN'S SUBDIVISION
      • Lot Features1/2 to < 1 Acre
      • Lot Description1/2 to < 1 Acre
      • MLS #RX-10831451
      • MLS #RX-10831451
      • CountySt. Lucie
      • Property TypePurchase
      • Original List Price$700,000
      • ZoningReside
      • Taxes Annual$5,661
      • Cost750000
      • Waterfront1

Location

Lisa StewartReal Estate Group
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Down Payment

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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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