Have You Visited Fort Pierce, FL Lately?
Fort Pierce is located in St. Lucie County, Florida less than an hour north of Palm Beach County. The famous Downtown Fort Pierce is known for its Farmer’s Market. One of our favorite places to go for an early morning stroll. Travel and Leisure ranked downtown Fort Pierce Main Street as one of the best in the nation. The Fort Pierce Farmers Market is ranked #1 in the State of Florida and #5 nationwide as the favorite farmer’s market.
Redevelopment of Downtown and Fishermans’ Warf
In recent years, the City of Fort Pierce and St Lucie County has been engaged in a redevelopment plan. The main goal is aimed at the revitalization of the Port of Fort Pierce. Meanwhile, the latest news is the establishment of a yacht repair facility in the Port. The project is estimated to create over 900 skilled jobs during the next 5 years. This coincides with a larger revitalization plan known as the Port of Fort Pierce Fishermans’ Wharf Redevelopment Plan.
The project has been years in the making and originally started 20 years ago. At that time, St Lucie County purchased the land at the Port of Fort Pierce. Newly created designs include the development of the Port of Fort Pierce. The yacht center will specialize in the repair and maintenance of vessels 200 feet and longer.
Considering the superb location of the Port of Fort Pierce, a boat repair center has long been the top choice for industry experts. This has been possible by the port’s unobstructed access to the Intracoastal Waterways and the Atlantic Ocean. Consequently, this allows for larger yachts to navigate to and from the repair facility. Another advantage is the proximity to the Treasure Coast International Airport and Business Park. The current airport is equipped with the US Customs Office and Foreign Trade Zone. They will welcome any new businesses through their expansion plans. In 2020, the St Lucie County Commissioners and the renowned yacht repair company, Derecktor, solidified the deal.
Below Market Waterfront Real Estate
Fort Pierce’s real estate market is as diverse as they come. Depending on the location property prices vary significantly. On the east side of town, the oceanfront properties are located on the sandy beaches of the Atlantic Ocean. Homes in the eastern part of the city command higher prices since they are mostly oceanfront. Many waterfront homes in Fort Pierce are located on the Indian River Drive alongside the St Lucie River. Most of the oceanfront properties consist of condominiums offered at desirable prices. In contrast, properties situated on the St Lucie River are generally comprised of single-family homes. In conclusion, the Fort Pierce oceanfront properties make living on the Atlantic shores a dream come true. The house prices are below market compared to neighboring counties.
The lower cost of living is great news for the retirees who have been looking forward to a beachfront retirement. The experts at portstlucie.city are your best bet to explore this hidden gem on the Treasure Coast of Florida. Visit Downtown Fort Pierce and discover why we think this is a hidden treasure waiting to be discovered again!
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