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65 Acres with Residential Development Potential

MLS Number: FL217992
Price : $1,295,000
Features: N/A
Acreage : 65.00
State: Florida
County: Martin
Status: Under Contract
Property Documents: N/A

Good residential development potential with this 65 acre tract located on the eastern side of Indiantown, with approximately 1,894 feet of frontage on CR 726, also known as Citrus Blvd. The Martin County zoning is Estate Density with two units per acre. The location is great, CR 726 takes you into Palm City and Stuart with only a 15 to 20 minute drive and SR 710 will take you to Jupiter, and the Palm Beaches in 30 to 40 minutes on soon to be all four lane highway. Directly across the street from the property, you have Timer Powers Park, a new equestrian center, pavilion with picnic tables, bathroom facilities, beautiful shady trees and boat ramp. The park borders the St. Lucie Canal, also known as the Okeechobee Intercostals Waterway, which will take you east to the Atlantic or into Lake Okeechobee and on to the west coast. The current land use for the property is agriculture and has cattle grazing on the property. Approximately 96% of this property is high and dry. Drainage is good, property borders the T-I canal on northeast side and 2 to 4 acre tracts on the west side. Take a look at the aerial, you will see the close proximate of the Indiantown Golf Course, Indiantown Airport, which is a grass landing strip, the equestrian center and the St. Lucie Canal, not to mention how close the property is to shopping and the coast. Would also be great location for farm or Agri-tourism property

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