Prime Opportunity for Multi-Family
Indiantown, FL 34956
Martin County, Florida
Property Description
This 7.22 acre site is a prime opportunity for multi-family development. Zoned as neighborhood mix use (Nmu) located in the Village Indiantown Florida. Conceptually designed for 71 townhomes with water, sewer, and electric in close proximity to the property. Indiantown Florida is a US-designated Opportunity Zone making this 7-acre site an exceptional opportunity for developers seeking to create a vibrant, modern and highly sought-after community.
ZONED NMU Neighborhood Mixed-Use Zoning District (Nmu).
The Neighborhood Mixed-Use zoning district is intended to encourage the creation of complete neighborhoods through the integration of residential, commercial and mixed-use developments. Allowable uses in the Neighborhood Mixed-Use zoning district include a mix of dwelling types, as well as small-scale neighborhood-serving commercial uses and a complement of civic amenities (see Use Table for additional details and specific uses).
Density and Intensity: The Neighborhood Mixed-Use zoning district enables the Village Core Mixed-Use and Urban Residential Office Future Land Use Designations. The allowable density and intensity of a property is dependent upon the underlying Future Land Use Designation. For land in the Village Core Mixed-Use Future Land Use Designation the density range is 5-20 dwelling units per acre and maximum intensity for non-residential uses is floor area ratio of 2.5. For land in the Urban Residential Office Future Land Use Designation the density range is 3-15 dwelling units per acre and maximum intensity for non-residential uses is floor area ratio of 1.5.
Current Due Diligence Items Completed
- Flora Fauna, wetland, and tortoise burrow locates
- Title Commitment
- Survey (boundary and topo)
- Phase 1 Esa
- Geotech borings
- Prelim Site Plan
- DD Report & Coordination of above professionals
Seller Is Open To All Jv Opportunities.
