$3,900,000
5501 W Midway Road
Port Saint Lucie, FL 34983
MLS# RX-10738045



5501 W Midway Road, Port Saint Lucie, FL 34983
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5501 W Midway Road, Port Saint Lucie, FL 34983 5501 W Midway Road, Port Saint Lucie, FL 34983 5501 W Midway Road, Port Saint Lucie, FL 34983

Property Description
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.

Details
Maps
Documents
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
DXORIGMLNO: RX-10738045
DXORIGMLSID: RML
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
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.

Listing Office: Coldwell Banker Paradise

Last Updated: December - 07 - 2023

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