Your email has been sent.
609-615 S Ocean Blvd - Prime Hutchinson Island Development 1.9 Acres of Residential Land Offered at $12,965,400 CAD in Palm Beach, FL 33480
INVESTMENT HIGHLIGHTS
- Rare Hutchinson Island development site with ocean views
- HI-Medium zoning allows multiple residential configurations
- Minutes from Downtown Fort Pierce and Fort Pierce Inlet
- Two contiguous parcels totaling ±1.9 acres
- Walking distance to beaches, marinas, and dining
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present a rare coastal development opportunity on Hutchinson Island, consisting of two contiguous parcels totaling approximately 1.90 acres along South Ocean Drive in Fort Pierce, Florida.
Located directly across from the Atlantic Ocean, this site represents one of the few remaining larger development parcels in this highly sought-after coastal corridor. The property offers approximately 290 feet of frontage along South Ocean Drive, providing excellent visibility and access in a market characterized by limited supply and strong long-term demand.
The site is currently zoned HI-Medium, allowing for a variety of residential development options, including condominiums, townhomes, or duplexes. Additionally, the property may offer future upside through rezoning, with potential for neighborhood commercial or mixed-use concepts, subject to municipal approvals.
Situated within walking distance of the beach, marinas, and local restaurants, and just minutes from Downtown Fort Pierce and the Fort Pierce Inlet, the property benefits from both lifestyle appeal and convenient access to key regional amenities. The location positions developers to capitalize on the continued growth of Florida’s Treasure Coast, a market experiencing increasing demand from full-time residents, second-home buyers, and coastal investors.
Comparable land sales on Hutchinson Island highlight strong pricing support for well-located coastal sites, underscoring the investment appeal of this offering. With limited available land, favorable zoning, and proximity to the ocean, this opportunity is well-suited for developers seeking to deliver high-quality residential product in a supply-constrained coastal environment.
This offering presents an exceptional opportunity for investors and developers to secure a strategically located coastal site with immediate development potential and long-term value appreciation in one of Florida’s most desirable island markets.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $12,965,400 CAD | Lot Size | 1.90 AC |
| Price Per AC | $6,823,894.63 CAD |
| Price | $12,965,400 CAD |
| Price Per AC | $6,823,894.63 CAD |
| Lot Size | 1.90 AC |
Rare 1.90-acre coastal development site on Hutchinson Island with ~290’ frontage along S Ocean Drive. HI-Medium zoning supports residential uses in a high-demand Treasure Coast location.
DESCRIPTION
Prime Hutchinson Island development opportunity featuring two contiguous parcels totaling approximately 1.9 acres along South Ocean Drive in Fort Pierce, Florida. Positioned directly across from the Atlantic Ocean, this rare coastal site offers one of the last large-scale development prospects in this highly desirable corridor. Zoned HI-Medium, the property supports a variety of residential uses, including condominiums, townhomes, or duplexes, and may allow for neighborhood commercial or mixed-use development through rezoning. The location is unmatched—steps from pristine beaches, marinas, and local dining, and just minutes from Downtown Fort Pierce and the Fort Pierce Inlet. This area is experiencing strong growth, driven by its appeal to both residents and visitors seeking the Treasure Coast lifestyle. With approximately 290 feet of frontage along South Ocean Drive, the site provides excellent visibility and access, making it ideal for developers and investors looking to capitalize on Florida’s continued coastal demand.
Presented by
609-615 S Ocean Blvd - Prime Hutchinson Island Development
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.