N Indian River Drive, Fort Pierce, FL 34950

$19,990,000
Property Type: Land & Docks Lot Size (sq. ft.): 118,690 Status: Active
Current Price: $19,990,000 List Date: 8/27/2026 Last Modified: 9/01/2026

Overview

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.

Listing Details MLS# A12078947

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
6
Lot Size Acres
2.72
Lot Size Square Feet
118690
Lot Size Dimensions
118690
Lot Depth
540
Additional Parcels YN
Yes
Additional Parcels Description
3rd Parcel ID 2403-801-0024-0006, 2nd Parcel ID 2403-801-0023-0009
Waterfront YN
Yes
Lot Frontage
730
LP/SqFt
168.42

Property Features

Comprehensive Plan Use: Intensive Development; Urban Commerce; Other Current Use: Commercial; Hotel/Motel; Multi-Family; Unimproved Deed Restrictions: None Documents Available: Survey Environmental Audit: None Income Includes: Recreation Location of Property: City Location; Corner Unit; Urban Area Development; Other Possession: Negotiable Special Information: County Jurisdiction Utilities: Sewer Not Available; Other Listing Terms: Cash; Conventional; Other Road Frontage Type: County Road; Public Road Road Responsibility: Public Maintained Road Water Access: Other Water Source: Public Water View: Bay; Ocean Waterfront Features: Bayfront Showing Requirements: Call Listing Agent; Showing Service Acreage Description: 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot; 3 To Less Than 4 Acre Lot; 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
19990000
LP/Acre
7349264.71
LP/Frontage
27383.56

Location and Legal

Country
United States
County Or Parish
St. Lucie
County Parish Name
St. Lucie
Street Direction Prefix
N
Street Name
Indian River
Street Suffix
Drive
City Name
Fort Pierce
State Or Province
FL
Postal Code
34950
Postal Zip
34950
Subdivision Name
ASSESSOR'S MAP OF N PART
Area
7030
Geographic Area
SL01
Parcel Number
240370501080004
Zoning
High Des
Flood Zone
AE,X

Financial Information

Tax Year
2025
Tax Annual Amount
7842
Tax Legal Description
ASSESSOR`S MAP OF N PART OF FORT PIERCE BLK 12-G- LOT 5-LESS N 130 FT OF W 90 FT AND LESS W 97 FT OF S 56 FT- (MAP 24/10C) (OR 4050-103)
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-08-27T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-08-27

More Information

Price Calculations

Current Price To SqFt
168.71

Section Details

Parcel Number MLX
4

Originating Details

Originating System Key
560267533
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Documents Available

Survey
Yes

Comprehensive Plan Use

Intensive Development
Yes
Urban Commerce
Yes
Other
Yes

Current Use

Commercial
Yes
Hotel/Motel
Yes
Multi-Family
Yes
Unimproved
Yes

Deed Restrictions

None
Yes

Environmental Audit

None
Yes

Income Includes

Recreation
Yes

Location of Property

City Location
Yes
Corner Unit
Yes
Urban Area Development
Yes
Other
Yes

Possession

Negotiable
Yes

Special Information

County Jurisdiction
Yes

Utilities

Sewer Not Available
Yes
Other
Yes

Water Access

Other
Yes

Water View

Bay
Yes
Ocean
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Road Frontage Type

County Road
Yes
Public Road
Yes

Road Responsibility

Public Maintained Road
Yes

Water Source

Public
Yes

Waterfront Features

Bayfront
Yes

Income and Expenses

Inc/Exp Statement Period
No

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes
2 To Less Than 3 Acre Lot
Yes
3 To Less Than 4 Acre Lot
Yes
4 To Less Than 5 Acre Lot
Yes
Listing Office: FI Real Estate Brokerage LLC
IDX
Source MLS Verified
Last Updated: September - 01 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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