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425 N FFA RD
FORT PIERCE, FL 34945-2000
Asking Price
$3.50M
Asset Type
Ranch Land
Class
Class B
What's Special
29.74 Acres that can be subdivided and rezoned <p>This 29.74-acre property offers the potential to be rezoned into smaller parcels for individual sale. Currently zoned AG-1, it could be converted to allow half-acre lots. Just a mile from the City of Fort Pierce, the property features a fully remodeled home and is completely fenced.</p>
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NOI
$80,000
Cap Rate
2.29%
DSCR
0.39
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,315.596
Annual Cash Flow
$-127,787.147
