Land•Other•For Sale

42± AC BEACHFRONT DEVELOPMENT OPPORTUNITY

Hutchinson Island, Hutchinson Island, Florida 34949

Sale Price Market
Zoning HIRD
Land Area 42 Acres
Market Fort Pierce
RARE PARCEL WITH 1,100 LINEAR FEET OF ATLANTIC OCEAN FRONTAGE & EXTENSIVE RIVERFRONT FRONTAGE TO THE WEST Previously Priced at: $6,000,000 OFFERS WILL BE CONSIDERED WITH A DUE DILIGENCE TIME FRAME TO REVIEW THE CURRENT PERMIT STATUS! Hutchinson Island, is one of Florida’s best kept secrets. Located on Florida’s east coast, it is a long, thin barrier island that stretches from Fort Pierce to Stuart, and is known for its beautiful beaches, nature preserves and parks.
  • Bid Deadline Extended - Due to a number of requests for additional time to review the current permit status the Seller has authorized us to accept offers with a due diligence time frame to review and understand the current permits. Please call for details.
  • Permitting in progress for 15 oceanfront lots, which will each accommodate a 5,000 SF home
  • Zoning allows for 5 units per acre of uplands – estimated for potential development of 45 + units
  • Property is also ideal for a private residential compound
  • Developing to the maximum 50’ in height will give residents spectacular ocean and riverfront views
  • Permitting in progress for the development of a 200-foot dock giving residents direct access to the river in the future
  • Other potential uses could include a rehabilitation center
1/2/2019 11:02:36 PM 1/2/2019 11:02:36 PM
Abraham Mizrahi
Project Manager
Hilco Real Estate

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