$9,250,000
0 S Ocean Dr.
Explore the area: Hutchinson Island homes for sale · St Lucie County real estate
Price Check
How this price compares
- List price
- $9,250,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 1
This lot in ZIP 34949 is listed at $9,250,000. It has been on the market for 1 day.
Estimated monthly payment
$48,613 /mo
Principal and interest only, based on $1,850,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $827/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $9,250,000
- Days on Site
- 1 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 20.97 Acres
- Property Type
- Land
- MLS #
- B26090444
- Property Tax
- $26,837 (2026)
- HOA Fees
- $827 / Monthly
- Subdivision
- Pelican Reef
- Development
- Pelican Reef
- County
- St Lucie
- Status
- Active
- Special Conditions
- Standard / Build To Suit / Listed As Is
About This Property
Ocean to Intracoastal and Shovel-Ready! Pelican Reef offers a development opportunity on Hutchinson Island: 20.97 acres across 8 total parcels, with 557 ft of direct Atlantic frontage and 500 ft of direct Intracoastal frontage. The 7.57-acre oceanfront site has been approved for 7 estate-sized luxury homes with building footprints ranging from 5,400 to 7,400 sqft, with utilities and infrastructure in place for immediate construction potential. Developers seeking greater density may apply for additional single-family homesites or a multi-family condominium plan, subject to approval. A 13.4-acre Intracoastal parcel under a conservation easement protects privacy and views for good, with a proposed boardwalk from S. Ocean Dr. to the water and up to 4 docks of two slips each, pending approval. In addition, property is bordered to the South by State-Owned and protected land further adding to the exclusivity and privacy for future Pelican Reef residents. Some photos have been virtually rendered to reflect the build out and completion of Pelican Reef with the approved and platted homesites in addition to the proposed dock configurations which are pending approval.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- East
- Lot Size (Acres)
- 20.97
- Sewer
- Public Sewer / Storm Sewer
- Water Source
- Public
- Zoning
- Hutchinson Isla
Exterior Features
- Lot Features
- Cleared / Interior Lot / Oversized Lot / Subdivision
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / Ocean Access / Ocean Front / River Access / Shoreline Sand
- Frontage
- Waterfront
- Frontage Length
- 557500.00 ft
- View
- Intercoastal / Ocean / Preserve
Community & HOA
- HOA Fee
- $827 / Monthly
- HOA Name
- Pelican Reef
- Association Amenities
- None / Beach Access
- Community Features
- Home Owners Association / Gated
- Security
- Gated Community
- Utilities
- Electricity Available / Sewer Available / Underground Utilities / Water Available
- Financing Terms
- Cash / Conventional / Exchange1031 / Private Financing Available
- Restrictions
- Environmental Restrictions / Wetlands Wildlife Habitat
- MLS Area
- 7010
Features & Amenities
About the Community
- Homes for Sale
- 1
- Under Contract
- 0
- Avg Days on Market
- 1
Frequently Asked Questions
- How do I schedule a tour of 0 S Ocean Dr., Hutchinson Island, FL 34949?
- Use the Tour button on this listing to request a showing of 0 S Ocean Dr., Hutchinson Island, FL 34949. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 0 S Ocean Dr., Hutchinson Island, FL 34949 still available?
- 0 S Ocean Dr., Hutchinson Island, FL 34949 is currently listed as Active, and has been on the market 1 day. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 0 S Ocean Dr., Hutchinson Island, FL 34949?
- With 20% down ($1,850,000) on the $9,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 0 S Ocean Dr., Hutchinson Island, FL 34949 is about $48,613/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 0 S Ocean Dr., Hutchinson Island, FL 34949?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 0 S Ocean Dr., Hutchinson Island, FL 34949. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 0 S Ocean Dr., Hutchinson Island, FL 34949 have an HOA fee?
- Yes: 0 S Ocean Dr., Hutchinson Island, FL 34949 carries an HOA fee of about $827 monthly (Pelican Reef). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 0 S Ocean Dr., Hutchinson Island, FL 34949?
- Often, yes. The right offer on 0 S Ocean Dr., Hutchinson Island, FL 34949 depends on how it's priced against comparable land sales in Hutchinson Island, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Serhant
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$9,250,000
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Listed by Michael Ortega, Serhant
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