St. Lucie Village, Florida
A Strategic Investment in Florida's Treasure Coast
Through extensive local market knowledge and relationships, we've secured a strategically positioned 19-acre property in St. Lucie Village, Florida with exceptional development potential.
The deal centers on a value-add strategy in a rapidly developing area of Florida's Treasure Coast. The property is ideally positioned to benefit from significant infrastructure improvements, population growth, and increasing demand for retail, residential, and hospitality development.
Located within the historic St. Lucie Village, a charming waterfront municipality established in 1961, the property offers direct access to the Indian River Lagoon, one of the most bio-diverse estuaries in North America. The property is just minutes from Fort Pierce Inlet, providing boaters with swift access to the Atlantic Ocean.
Total costs including land purchase, mitigation, entitlements and improvements: $4,431,435
Projected value mitigated, filled and improved with 38 half-acre lots: $10,450,000
$6M+ equity created in 12 months
Construct three model homes and pre-sell 38 luxury residences at $995K each, plus upgrades.
Total sales revenue: $37,810,000
$12.4M net profit over 24 months
A strategic investment opportunity in Fort Pierce's rapidly developing corridor, combining prime location, strong market fundamentals, and exceptional growth potential.
19 acres east of US-1, adjacent to Indian River & Lagoon with privately-owned village marina, boat docks, slips, launching ramp and waterfront park.
DR Horton, Lennar and Hovnanian (three of America's largest builders) currently developing multiple projects in the surrounding area.
Indrio Village: 850-acre master plan with 2,683 residences and 1M sq ft commercial. Buc-ee's mega complex with 120 gas pumps at I-95 & Indrio Rd.
35+ year proven contractor. Guaranteed fixed-price construction (no change orders). High demand with zero current inventory of sub-$1M homes on half-acre lots.
Rouse Road Ventures sits at a prime location within St. Lucie Village, Florida, benefiting from extensive infrastructure improvements and regional growth.
2,683 units, 85K sq ft retail, 1M sq ft commercial
650 homes, $350K-$500K, clubhouse & dog park
116 residential, 140-room hotel, 50K+ sq ft retail
32.58 acres, 229 units, 1.4M buildable sq ft
The Indrio Road Improvement project has transformed access to the property: widening from 2 to 4 lanes with landscaped median, sidewalks, and multi-purpose trails.
Just 5 minutes away, featuring three runways across 3,844 acres. Plans to expand commercial flights indicate strong growth potential.
Strong tourism sector (13.2% of local employment), projected population growth to 175,422 by 2028, and $71,132 average household income.
Fort Pierce is experiencing unprecedented growth with major developments in infrastructure, education, and commerce, making it a prime location for strategic investment.
$4,431,435
To improve property and make development ready
163% Return
280% Return
| # | Description | Cost |
|---|---|---|
| 1 | Environmental wetlands consultant report and permit processing | 25,000 |
| 2 | Civil Engineering plans for subdivision, waterways, utilities, roads | 85,000 |
| 3 | Architectural and renderings and drone | 15,000 |
| 4 | Boundary and tree survey | 11,500 |
| 5 | DHR and Fish & Wildlife approval letters | 500 |
| 6 | Wetlands delineation and mitigation reports and surveys | 5,500 |
| 7 | Liability insurance for 24 months | 6,000 |
| 8 | Construction fence 4,400' at $1.00/ft | 11,000 |
| 9 | Construction office on site, $450/mo x 36 months | 16,200 |
| 10 | Temporary utilities, bio water well systems, power and internet | 15,000 |
| 11 | Permit fees: land clearing, filling, cut/fill, trees, utilities | 15,000 |
| 12 | Wetland mitigation credits | 250,000 |
| 13 | Mangrove mitigation credits | 45,000 |
| 14 | Fill to elevate 8 acres of ponds (1,440 trucks x $350) | 540,000 |
| 15 | Fill to elevate 2.7 acres wetlands (488 trucks x $350) | 171,000 |
| 16 | Fill to elevate 9 acres +12" (850 trucks x $350) | 299,250 |
| 17 | Heavy equipment rental: dozer, backhoe, bobcat, chipper, mulchers | 75,000 |
| 18 | Porta toilet, $250/mo x 36 months | 9,000 |
| 19 | Permanent fencing repairs, 4,400' at $10/ft | 44,000 |
| 20 | Construction lighting for site/office | 4,500 |
| 21 | Bury overhead FPL powerlines underground | 25,000 |
| 22 | Landscape perimeter fencing, 4,400' at $10/ft | 44,000 |
| 23 | Attorneys for HOA documents | 15,000 |
| 24 | Closing cost for land and attorney fees | 29,000 |
| 25 | Real estate taxes for 36 months | 19,000 |
| 26 | Interest to seller for loan | 48,000 |
| 27 | Entry features: electric gate, motor, columns, cameras, intercom | 45,000 |
| 28 | Landscape Rouse Road with palms, trees, shrubs | 35,000 |
| 29 | Botanic palms at entry gate | 15,000 |
| 30 | Trim up 101 Oak trees at $500 each | 50,500 |
| 31 | Remove 50 Brazilian pepper trees at $750 each | 44,350 |
| 32 | Tree barriers for 101 Oak trees at $175 each | 17,675 |
| 33 | 1,800' asphalt road with infrastructure & utilities at $250/ft | 450,000 |
| 34 | Project manager salary, 12 months | 75,000 |
| 35 | Construction manager salary, 12 months | 65,000 |
| 36 | Superintendent salary, 12 months | 52,000 |
| 37 | Purchase of lot on Hagen Dr, 0.61 acre | 260,000 |
| 38 | Subtotal of improvements | 2,949,575 |
| 39 | Contractor 10% overhead & 10% profit | 569,915 |
| 40 | Land purchase costs | 700,000 |
| 41 | Contingency for unexpected events (5%) | 211,946 |
| 42 | Total cost of Subdivision | 4,431,436 |
| # | Description | Amount |
|---|---|---|
| 43 | Construction costs: 38 residences x 2,200 sq ft at $220/ft | 18,392,000 |
| 44 | 38 residences at $995K each | 37,810,000 |
| 45 | Upgrade sales (pool, brick drive, wood floors) at $50K/residence | 950,000 |
| 46 | Total sales revenue | 38,760,000 |
| 47 | Construction loan interest for three model homes, 36 months | 360,000 |
| 48 | Construction loan interest, 38 residences at $20K/unit | 760,000 |
| 49 | Bank & attorney fees (1%) | 380,000 |
| 50 | Real estate commissions (3%) | 1,111,500 |
| 51 | Total soft costs | 2,611,500 |
| 52 | Total construction, subdivision & soft costs | 25,434,935 |
| 53 | Total sales revenue | 38,760,000 |
| 54 | Profit on project | $13,325,065 |
Source: South Florida Builders, April 2025 | View Original Document
Single-purpose, manager-managed LLC
Brandon Timinsky, Managing Member
Maximum raise: $4,435,084.50
Security: Property as LLC asset
Managing Member has unilateral authority to develop and/or sell property
Major decisions require Class A majority approval
Rouse Road Ventures benefits from an exceptional waterfront position that significantly enhances its development potential and market value.
Historic waterfront community, est. 1961. Limited developable parcels, independent governance, premium market position.
EPA-designated "Estuary of National Significance." Waterfront properties command 30-45% price premiums.
Deep natural channel, minutes from property. Direct Atlantic Ocean access for boaters.
5 minutes away. 4.5 stars, Golf Digest recommended. Designed by Jim Fazio.
Three model home designs, each named after local bird species. 2,200 sq ft, 3 bedrooms, 2 baths, two-car garage on half-acre lots.