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401 & 411 S Indian River Drive Fort Pierce, FL $ 5,000,000
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$ 5,000,000 Get more info
401 & 411 S Indian River Drive
$ 5,000,000
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Share Save

401 & 411 S Indian River Drive

Fort Pierce, FL, 34950
$ 5,000,000
Baths0.0

Monthly Estimate*

$ 31,193

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Studio

Lots and Land for sale in Fort Pierce, FL

for $5,000,000. The lot size is 1.9.

An extraordinary opportunity awaits developers looking to acquire a shovel-ready, fully entitled, luxury mixed-use project in the heart of downtown! This premier location offers unparalleled potential and a chance to create an iconic waterfront community.The first phase consists of 12 stunning villa units directly on the river, with floor heights starting at 12' above sea level for breathtaking, panoramic views of the Indian River. These units rise above it all, offering unrivaled vistas of serene waters and vibrant city life. Designed for those seeking the best of coastal and urban living, the split floor plan effortlessly blends sophistication and comfort. With two entitled parking spaces per unit, an opportunity to reserve a private boat slip, and access to a sprawling design pooloverlooking the river; these villas promise luxury living at it's finest. The second phase brings to life a five-story mixed-use building with endless potential. Featuring prime commercial and retail space on the ground floor, along with office suites and upscale residential units on the upper floors, this structure is designed to maximize value and aesthetic appeal. Residential units on the top floors enjoy magnificent views of the Indian River. With the flexibility to transform the office spaces into additional residential or commercial units, a developer has the ability to craft their vision. The final phase unveils a fully entitled, permitted 28-slip marinaa developer's dream. Whether you envision operating it as a commercial marina or selling the slips individually in a fee simple fashion, the possibilities are endless. The marina adds an exceptional layer of exclusivity to this already impressive project. Don't miss this chance to build a truly iconic, multi-phase, mixed-use waterfront destination. With prime riverfront access and breathtaking views, this project promises not only luxury living but the chance to be part of the future of downtown's dynamic transformation.

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Lots and Land Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 21,429

Style

Multi-Family High De

Lot Size

1.9

Town/City

Fort Pierce

County/Region

Saint Lucie

MLS | Web ID

RX11062467
Features
Exterior
Lot Description 1 to < 2 Acres 1/2 to < 1 Acre
Improvements Cleared
Waterfront Yes Canal Width 121+ Intracoastal No Fixed Bridges Ocean Access River
Roads City/County Maint. Paved
Trees Partially Treed
Boat Services Common Dock Dock Available Electric Available Lift Marina Private Dock Water Available Yacht Club
Lot Size 1.90
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General
Zoning PUD
HOA None
Status Active
REO No
Subdivision ANDREWS AND RICHARDS SUBDIVISION
Style Multi-Family High De
View Intracoastal River
Type Single Family Detached
Property Type C
Area 7110
Auction No
Tax Year 2024
Terms Considered Cash Conventional
Short Sale No
Water Frontage 270'
Taxes 21429.20
Utilities Available Cable Electric Gas Municipal Sewer Public Water Trash Removal
Virtual Tour https://www.propertypanorama.com/401-411-S-Indian-River-Drive-Fort-Pierce-FL-34950/unbranded
Geo Area SL06
Legal Description ANDREWS AND RICHARDS S/D BLK D THAT PART OF LOTS 1 2 AND 3 MPDAF: FROM NW COR OF LOT 1 TH S 89 58 00 E ALG N LI 171.51
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Internal Only
OriginalMLSID RX-11062467
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* Excluded Features
List By
Grant Garvey

Listing Agent

Compass Florida Llc

Broker

grantsgarvey@gmail.com

Email

Affordability Calculator

$32,979
Per Month
95%
5%
0%
Monthly Principal & Interest
$31,193
Monthly Property Taxes
$1,786
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/14/2025 $5,000,000 Listed Price

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401 & 411 S Indian River Drive, Fort Pierce, FL, 34950 is a Lots and Land for sale at $5,000,000 with a lot size of 1.9. 401 & 411 S Indian River Drive is a studio with 0.0 baths. The property's zip code is 34950 which is in Fort Pierce, FL

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