6301 Johnston Rd, Fort Pierce, FL 34951 - Saint Lucie County

Banana Lake Development is located on the Indian River-St. Lucie County line with very good access to Vero Beach. At one time St. Lucie County was one of the fastest-growing counties in the U.S. and continues to see consistent growth of more than four times the national average. Banana Lake Development has PUD Zoning and TVC future land use that allows one unit per acre. Adjacent 78 acres to the south are available to purchase and provides additional development potential. Currently, the property is fenced and leased for cattle retaining the agricultural exemption and substantially reduced taxes.

Permitted Lots: 160 lots previously permitted

Price per Lot: $14,062

Average Lot Size: 1/2 to one acre

Lot Inventory Previously permitted for 160 lots

Uplands/Wetlands: 141.9 uplands and 16.9 wetland/lake

Utilities & Water Source: Property was approved for well and septic

Taxes: $4,287.25 for 2019

Planning/Permits: Previously approved for a residential development under the name Rocking Horse Ranch PUD

Nearest Intersection: 25th St SW and Johnston Rd. adjacent to the north end of the property.

Nearest Points of Interest: Property is 2 miles south of Publix Plaza at the intersection of Oslo Rd and 43rd ave.

Lake Frontage/Water Features: 16.9 acre lake/ retention facility was constructed for previously approved development