609-615 S Ocean Blvd - Prime Hutchinson Island Development Lot • Résidentiel • 1,9 Acres • 12 948 201 $ CAD • Palm Beach, FL 33480

Prime Hutchinson Island Development Opportunity | Fort Pierce, FL
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.