N Indian River Drive, Fort Pierce, FL 34950 (MLS# A12078947)

$19,990,000

N Indian River Drive
Fort Pierce, FL 34950
MLS# A12078947

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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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