
$19,990,000
Commercial for Sale, N Indian River Dr., Fort Pierce, Florida 34950
- MLS#A12078947
Listed By FI Real Estate Brokerage LLC
The Commercial Property for Sale located at N Indian River Dr., Fort Pierce, Florida 34950 is currently for sale.
Description
Opportunity to acquire 2.72 acres of prime developable land fronting the Indian River Drive waterfront corridor in Downtown Fort Pierce, Florida. The parcel occupies most of the block between Avenue C (A.E. Backus Avenue) and Avenue D, with its primary face on Indian River Drive, directly across from the Fort Pierce Manatee Education Center, immediately adjacent to the A.E. Backus Museum & Gallery, and Fort Pierce City Marina.
The assemblage has never been listed on the open market. With 200-feet of by-right height allowance, a premier Indian River Drive address, and proximity to over $185 million in announced public and private investment actively under construction on the same corridor, this parcel sits at the epicenter of the Treasure Coast's most significant urban revitalization in a generation.
The site is ideally suited for a vertically integrated mixed-use tower: street-level retail and restaurant activation fronting Indian River Drive, mid-level commercial or hospitality, and upper-floor luxury residential or hotel. With premium condos already selling at the neighboring King's Landing project at prices already surrounding the $1.5M, demand for premium waterfront product in Fort Pierce is validated and accelerating.
Location
N Indian River Dr., Fort Pierce, Florida 34950
Property features
Property
- Location: Waterfront
Lot/Land
- Land/Lot size:
11,027 m² (118,690 ft²) - Water frontage: 222 m
Water and Boating
- Water: Bay
View
- Features: Ocean ViewBay ViewWater View
Utilities
- Other utilities: Municipal Water