Please visit this link for more info and to access the Offering Memorandum & Due Diligence information: https://www.crexi.com/properties/133322

Development Opportunity.

This offering is a proposed development opportunity for Single Family Homes, Manufactured Homes, and/or an RV Resort and maybe also accommodate +/- 60,000 sf of commercial space. The site contains approximately 809 acres, which could accommodate 1,650 or more units.

The property is located in newly incorporated Indiantown of Martin County Florida. As it sits today, Indiantown is the only development friendly city in Martin County with the Indianwood development being its first major property offered since its incorporation. The city is located on the Intra-coastal Waterway just ten miles east of Lake Okeechobee accessible by the Indiantown Marina’s many services. Indiantown Marina is located along the St. Lucie Canal which links to the city of Stuart on it’s east coast and to Fort Myers on its west coast via Lake Okeechobee and the Calloosahatchee River.

Being only 15 miles West of Jupiter, Florida, Indiantown is easily accessible to Palm Beach County, one of the most affluent areas in the United States. Palm Beach, West Palm Beach, Wellington, and Boca Raton offer wealth, private beaches, and ocean access to the Caribbean and Bahama Islands. The total population reaches around two million residents with only 3.5% unemployed. Indiantown offers an affordable quality lifestyle within a short driving distance to major employment centers of South Florida.

Investment Highlights:

-Newly incorporated city - March 2018

-First major property offered since incorporation

-15 miles from Jupiter and Western Palm Beach County

-Lake Okeechobee and Okeechobee Waterway

-Adjacent to Indianwood Golf Course

-Frontage and Access to Main Road 710

-+/-809 acres, 1650 units or more

-Commercial Component +/- 60,000 sf

-Active CDD - Commercial Development District

Contact:
mike.nissley@colliers.com

(561)479-1588

865-456-4047

Due Diligence Website:
CREXi Link: https://www.crexi.com/properties/133322