401411 S Indian River Drive
Fort Pierce, FL 34950
0.92 acres | #RX-11062467
Description
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 pool overlooking 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.
Property Details
- SubdivisionANDREWS AND RICHARDS SUBDIVISION
- Lot Features1/2 to < 1 Acre, 1 to < 2 Acres
- Lot Description1/2 to < 1 Acre, 1 to < 2 Acres
- Property SubtypeSingle Family Detached
- ViewIntracoastal, River
- MLS #RX-11062467
- MLS #RX-11062467
- Original List Price$5,000,000
- CountySt. Lucie
- Property TypePurchase
- Taxes Annual$21,429
- Cost5000000
- Lot Size (sqft)40075
- Acres0.92
- ZoningPUD
- Waterfront1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Grant Garvey (#276650878)
Listing Office: Compass Florida LLC (#276572521)

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