Active

$13,900,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRO6365417
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Rare- Site Plan Approved for 52 Luxury Townhomes & Clubhouse Across from South Beach Park on Hutchinson Island! Introducing ''South Beach'' a premier 6.88-acre waterfront development site offering an opportunity to build luxury townhomes with ocean views. This low-density project is one of the last of its kind on Hutchinson Island, with extensive approvals and planning already completed. Environmental approvals have been secured, including the FDEP wetlands mitigation agreed and CCCL clearance through a third-party State of Florida engineer. The project has also received FDOT traffic approval and has been reviewed by the City of Fort Pierce Building Department. The site work permit has been submitted and is currently awaiting final approval. Supporting documents include completed architectural and civil plans, partial structural drawings, landscape design, drainage plans, soil analysis, utility distribution, roadway access, and wildlife studies. Each approved unit offers four bedrooms and four bathrooms, with approximately 3,300 to 4,000 square feet under air and total living areas (including rooftop terraces) ranging from 4,700 to 5,700 square feet. Units include two-car garages, private backyards, rooftop terraces, and optional summer kitchens both on the roof and in the yard. The proposed amenity-rich clubhouse is designed for 50,000 square feet of resort-style features, including a pool, spa, fitness center, café, kid zones, meeting rooms, sports lawn, pickleball court, restaurant space, and more. The scale of the clubhouse can be modified by the future developer. This exceptional location is directly across from South Beach Park with public beach access and just a short walk to waterfront dining like Square Grouper Tiki Bar and recreational spaces at Fort Pierce Inlet and Jetty Park. The property is also close to Pelican Yacht Club, Causeway Cove Marina, and Downtown Fort Pierce. Just minutes away is the new Derecktor Fort Pierce Mega yacht Shipyard, one of the only U.S. facilities capable of hauling yachts up to 500 feet and 900+ tons, further elevating the prestige of this site. Accessibility is excellent, with quick connections to Seaway Drive and North Causeway Bridge, 45 minutes to both Vero Beach and Stuart, and just 90 minutes to Palm Beach International Airport. Possible Brightline high-speed rail station going in there. With approvals secured, infrastructure planning in place, and minimal steps remaining before vertical construction, this is a unique opportunity to create a signature coastal development in one of South Florida's most desirable low-density waterfront enclaves.
Financial Considerations
Price:
$13,900,000
HOA Fee:
N/A
Tax Amount:
$82188
Price per SqFt:
$47.34
Tax Legal Description:
01 35 40 THAT PART OF GOVT LOT 5 MPDAF: FROM NW COR GOVT LOT 5 RUN N 81 01 30 E 205.42 FT, TH S 19 18 00 E 400 FT TO THE POB, TH CONT S 19 18 00 E 305 FT, TH CONT S 19 18 00 E 429.79 FT M/L TO THE N R/W LI OF CRESTVIEW DR, TH S 89 41 00 W ALG SAID N R/W LI 594.89 FT TO A POINT ON THE W LI OF GOV LOT 5, TH N 00 25 20 E ALG SAID W LI OF GOV LOT 5 599.71 FT, TH N 70 42 00 E 359.15 FT TO THE POB (6.74 AC - 293,594 SF) (OR 4725-789)
Exterior Features
Lot Size:
293594
Lot Features:
Buildable, Near Marina
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    901 S OCEAN DR
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