For Sale

Listed by Derik Baumgartner

SE 47th Ave, Port Salerno, FL, 34997

$640,000

87120 sq. ft.

Land

•

30+ days on the market

What's around SE 47th Ave

About this property

280' X 300' Being 2 Acre total. LOCATED IN THE Port Salerno CRA (Community Redevelopment Area). Each Lot is approximately 1 acre in Size. Although the code allows for 10 units per acre, the Reality is a Density allowing for 8 units on each of the 1 acre lots. Thus a maximum of 16 units could be built on these 2 acres. Water and Sewer are available. However, in addition to the 16 units, each unit is allowed to have an accessory building (GUEST HOUSE) that may be occupied by a non-family member and guest house may be separately metered. Please refer to ARTICLE 12 of the "Land Development Regulations for Community Redevelopment Areas within Martin County." Permitted uses include Single Family Residences, Townhouses, Duplex Note BUYER MUST AGREE TO PARTICIPATE IN AN 1RS 1031 EXCHANGE! Please refer to Suppliments.

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