Fort Pierce Residential, 401 S Indian River Dr

Beds
0.93
Acre
$2,069,892
$/Acre
Sold - Sep 15, 2021
Entry-Level Land
Waterfront
The INDIAN RIVER WATERFRONT project consists of 2 separate parcels. IRD Waterfront is a 1.87 acre site located at the corner of Indian River Drive and Citrus Avenue, the entrance to the Fort Pierce downtown entertainment district. IRD Waterfront is a rare opportunity to develop a luxury residential and mixed use project on 269 linear feet of shoreline. Additionally, the property has obtained state and federal permits for a 28 boat slip marina with water and electric. Located adjacent to the new kayak park the property enjoys direct river views, river access and the beach. The West parcel is an approved 42,000+ The West parcel is an approved 42,000+ square foot Mixed Use development site consisting of: 8,185 SF Retail, 51 Covered Parking Spaces, 13,815 SF Office, and Eleven Condos ranging in size from 1,010SF to 2,390 SF. Great walkability to shopping, dining and entertainment. All permitting is complete. Detailed plans, permits & survey are available upon request. Submerged land lease and permit for 28 - slip marina available. PRICE - $2,750,000 for both parcels.
MLS Number: R10630888
On Site: 2285 Days
Updated: 215 Days ago
Page Views: 0

Features

All features
  • Current Use: Commercial, MultiFamily
  • Approx SqFt Total Area: 40511
  • Property SqFt: 40511
  • Remarks: The INDIAN RIVER WATERFRONT project consists of 2 separate parcels. IRD Waterfront is a 1.87 acre site located at the corner of Indian River Drive and Citrus Avenue, the entrance to the Fort Pierce downtown entertainment district. IRD Waterfront is a rare opportunity to develop a luxury residential and mixed use project on 269 linear feet of shoreline. Additionally, the property has obtained state and federal permits for a 28 boat slip marina with water and electric. Located adjacent to the new kayak park the property enjoys direct river views, river access and the beach. The West parcel is an approved 42, 000+ The West parcel is an approved 42, 000+ square foot Mixed Use development site consisting of: 8, 185 SF Retail, 51 Covered Parking Spaces, 13, 815 SF Office, and Eleven Condos ranging in size from 1, 010SF to 2, 390 SF. Great walkability to shopping, dining and entertainment. All permitting is complete. Detailed plans, permits & survey are available upon request. Submerged land lease and permit for 28 - slip marina available. PRICE - $2, 750, 000 for both parcels.
  • Internet Remarks: The INDIAN RIVER WATERFRONT project consists of 2 separate parcels. IRD Waterfront is a 1.87 acre site located at the corner of Indian River Drive and Citrus Avenue, the entrance to the Fort Pierce downtown entertainment district. IRD Waterfront is a rare opportunity to develop a luxury residential and mixed use project on 269 linear feet of shoreline. Additionally, the property has obtained state and federal permits for a 28 boat slip marina with water and electric. Located adjacent to the new kayak park the property enjoys direct river views, river access and the beach. The West parcel is an approved 42, 000+ The West parcel is an approved 42, 000+ square foot Mixed Use development site consisting of: 8, 185 SF Retail, 51 Covered Parking Spaces, 13, 815 SF Office, and Eleven Condos ranging in size from 1, 010SF to 2, 390 SF. Great walkability to shopping, dining and entertainment. All permitting is complete. Detailed plans, permits & survey are available upon request. Submerged land lease and permit for 28 - slip marina available. PRICE - $2, 750, 000 for both parcels.
  • Waterfront: Yes
  • Directions: East
  • Days on Market: 262
  • Closing Date: 2021-09-15
  • Compass Point: S
  • Office Name: Illustrated Properties LLC
  • Area: 0.93
  • Taxes: 19721.6
  • Tax Year: 2019
  • Listing Date: 2020-06-14T20:00:00.000-00:00
  • Lot Size Square Feet: 40511

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Price History

Date
Event
Price
Change
Price Per
06/15/2020
Listed
$1.9M
 
$48 ft2
$511 m2
06/15/2020
$1.9M
Event
Listed
Price Per
$48 ft2
$511 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Kathryn GillespieIllustrated Properties LLC • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Almost all errands require a car
0

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
18

100
Sound Score®
Bearable noise
76

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
29

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
2 – 8 BR
Bedrooms
$120K – $11.3M
Price Tier
447 - 11,160
SqFt Range
1964
Year Build
1
Total Floors

Subdivision Amenities

None

Fort Pierce
Entry-Level
Entry-Level Homes & Condos