$19,990,000
Fort Pierce, FL 34950
MLS# A12078947
1 / 23
Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-27
Status: Active
Original List Price: 19990000
List Price: $19,990,000
Current Price: $19,990,000
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
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: 1
Additional Parcels Description: 3rd Parcel ID 2403-801-0024-0006, 2nd Parcel ID 2403-801-0023-0009
Waterfront YN: 1
Lot Frontage: 730
LP/SqFt: 168.42
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)
Price Calculations
Current Price To SqFt: 168.71
Section Details
Parcel Number MLX: 4
Status Change Information
Major Change Timestamp: 2026-08-27T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-27
Originating Details
Originating System Key: 560267533
Originating System ID: M00000151
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
Listing Office: FI Real Estate Brokerage LLC
Last Updated: September - 01 - 2026
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