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5501 W Midway Road, Port Saint Lucie, FL 34983 (MLS# RX-10738045)

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5501 W Midway Road, Port Saint Lucie, FL 34983

Property Type: Land/Docks Status: Active
Current Price: $3,900,000 Last Modified: 12/07/2023


Prime 5 acre Commercial site on Midway Rd. Surrounded by roads on 4 sides. Midway is a rapidly growing main corridor connecting I-95 & US 1. Amazon has built a 1 million sf distribution facility at Midway and I-95 only 1.3 miles west of this site. The nation's largest Wavegarden Surf Park is to be located at the NW quadrant of Midway and I-95. (200 acres to include 800 homes, 600 hotel rooms and 400,000 sq ft retail space). New Turnpike interchange is in planning stages immediately west of the site. Traffic lights are possibly coming to each end of this property see attached sketch in documents tab. Also coming to Midway Rd.- Wylder a 1,970-acre 4,000 home community in the SW quadrant of I-95 and Midway Rd. Click on ''more'' line to see additional information.

Supplements: A new build to rent community (Ravinia) of 148 single family homes is under construction 1.4 miles East of this site and much more. The intersection of Midway Rd and Milner Drive(Jenkins Rd on North side of Midway)will be a major intersection. Jenkins Rd is to be extended(approximately 7 miles) connecting Port St Lucie to St Lucie International Airport. Much of this roadway is in place and/or right of way already acquired. This area of Midway Rd. has one of the highest traffic counts on the corridor at 24,000 Average Daily Traffic Count. See details in documents link.

More Information MLS# RX-10738045

Contract Information

Listing Date: 2021-08-12 Status: Active Original List Price: 1950000 Auction: No List Price: $3,900,000 Current Price: $3,900,000 List Price/Acre: 789473.68 Comm/Non-Rep: 3% Comm/Buyer Agent: 3% Comm/Trans Brk: 3%

General Property Description

Type: Commercial Land Price/SqFt: 18.12 Lot Dimensions: 645 X 334 Lot SqFt: 215186 Lot Frontage: 645 Lot Depth: 334 Acres: 4.94 Waterfront: No Subdivision: MIDWAY COMMERCE CENTER Front Exp: North Homeowners Assoc: None Directions: I-95 to Midway Rd. exit go east 1 3/4 mile East to property.

Location, Tax & Legal

Area: 7370 Geo Area: SL05 Country: United States County: St. Lucie Parcel ID: 330170100080001 Street #: 5501 Street Dir: W Street Name: Midway Street Suffix: Road State/Province: FL Zip Code: 34983 Legal Desc: MIDWAY COMMERCE CENTER (PB 41-1) LOTS 5, 6, & 7 (4.94 AC) (OR 3578-1100) Zoning: CommGe # Parcels: 3 Tax Year: 2023 Taxes: 12748.42 Special Assessment: No Short Sale: No Short Sale A/U: N/A Short Sale Addendum: No REO: No Geo Lat: 27.373687 Geo Lon: -80.380072

Office/Member Info


Property Features

Land Use: Commercial Location: County Lot Description: 3 to < 5 Acres; Paved Road; Public Road; West of US-1 Develop Status: Recorded Plat Improvements: None Utilities Avail: Electric; Municipal Sewer; Public Water Utilities On Site: None Ground Cover: Grassed Roads: City/County Maint.; State Road Avail Docs: None Trees: Mostly Pine Terms Considered: Cash; Conventional Possession: Funding
Listing Office: Coldwell Banker Paradise
Last Updated: December - 07 - 2023
5501 W Midway Road, Port Saint Lucie, FL 34983- MLS# RX-10738045
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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