Seize this rare, fully entitled multifamily development opportunity in St. Lucie County’s high-growth Indrio Road corridor. Indrio Woods is a 33-acre site with full site plan approval for 229 attached residential units, featuring 90% market-rate and 10% workforce-designated housing (12 units @ 120% AMI and 11 units @ 100% AMI). This ready-for-permitting project eliminates the significant entitlement and political hurdles that make fully approved developments increasingly rare in this market. With PUD rezoning and final site plan approval secured, with up to 163 transferable development rights (TDRs) available for use in the County’s TVC zoning district, this property offers unmatched flexibility and value. The Indrio Road corridor is experiencing explosive growth, fueled by major infrastructure and commercial developments, including: • Treasure Coast International Airport (now approved for commercial flights) • New Buc-ee’s and Publix developments on Indrio Road • King’s Landing Mixed-Use Development & Marina in downtown Fort Pierce • Proposed Brightline Station connecting Fort Pierce to Florida’s high-speed rail network • New residential communities by national and regional homebuilders • Expanding industrial parks and employment centers, driving demand for quality rental housing • Prime Access & Future Connectivity: The primary entrance is strategically located directly across from a planned county fire station, enhancing safety and emergency response times. Additionally, plans are in place for a northern connection to Treasure Coast International Airport’s planned executive terminal, providing seamless access for future residents and businesses. Indrio Woods was thoughtfully designed by prominent engineers and experienced multifamily architects to create an efficient, high-quality rental community while minimizing site development costs. The spacious 2 and 3-story buildings are arranged around central amenities and an 8-acre natural preserve, reducing overall land disturbance and infrastructure expenses. The project presents an optimal unit mix with spacious floor plans, private outdoor balconies, and covered garages, offering residents enhanced convenience and premium living experiences while generating additional revenue opportunities. The low-profile, garden-style layout allows for cost-effective wood-frame construction, eliminating the need for elevators or expensive parking structures, further enhancing development efficiency. Optional garages and carports can be incorporated to generate additional revenue, offering flexibility for increased NOI. This innovative, scalable design ensures a highly marketable and financially optimized community in one of Florida’s fastest-growing areas. The high barriers to entry for fully approved multifamily projects in St. Lucie County make this a rare, turn-key opportunity for developers seeking an expedited path to construction. The project was previously approved for a HUD 221(d)(4) construction loan, and seller financing is available with reasonable terms. Don’t miss this exceptional development opportunity in the heart of Florida’s Treasure Coast. Contact us today to secure this shovel-ready project and capitalize on one of the region’s most in-demand growth corridors.