901 S Ocean Drive

Estimated monthly payment

$72,257 /mo

Principal and interest only, based on $2,749,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Listing Snapshot

Price

$13,749,000

Days on Site

325 Days

Bedrooms

0

Total Baths

0

Lot Size

6.88 Acres

Property Type

Land

MLS #

R11114044

Property Tax

$82,189 (2024)

Subdivision

METES AND BOUNDS

Development

South Beach

County

St Lucie

Status

Active

About This Property

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 agreement 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. 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 to offer up to 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.

General Features

Property Type

Land

Status

Active

Direction Faces

East

Lot Size (Acres)

6.88

Zoning

PD planned

Exterior Features

Lot Features

Five To Ten Acres / City Lot / Rural Lot / Subdivision

Waterfront

Yes

Waterfront Features

Intracoastal Access / Ocean Front / River Front

View

Intercoastal / Ocean / River

Community & HOA

Association Amenities

Beach Access

Utilities

None

Financing Terms

Cash / Conventional

MLS Area

7010

Schools

Elementary School

Weatherbee

Middle School

Dan Mccarty

High School

Fort Pierce Westwood Academy

Features & Amenities