Waterfront Property with Development
For Sale
Contact for pricing
515 S Indian River Dr, Fort Pierce, FL 34950
Unique waterfront property with hospitality, office, and development potential.
Property Size5,660 SF
Lot Size1.60 Acres
Price / SF$309.19
Days on Market159
Property Features for 515 S Indian River Dr
General Information
Standard status
Active
Size
5,660 SF
Lot size
1.60 Acres
Property subtype
Hospitality, Land
Zoning
C-1 (FP)
Building Details
Year Built
1900
Year Renovated
2010
Buildings
2
Stories
2
Units
5
Listing Agency:
Crady Mackin Belland Commercial Real Estate
(561) 277-6613
Listed By:
Chris Belland · License #FL 3345950
Source:
Crexi
Added: Mar 18
Changed: Aug 21
Last Checked: Aug 22 at 4:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crady Mackin Belland Commercial Real Estate
Investment Insights
Based on property information with market context.
This 1.6-acre waterfront property on Indian River Drive overlooks the Fort Pierce Inlet. The property includes a 4,154± SF two-story freestanding building, currently operating as a 5-unit bed and breakfast. The layout is also suited for a professional office, boutique commercial use, or conversion to other business operations. A detached 1,506± SF studio apartment is located toward the rear of the property, suitable for onsite management quarters, guest accommodations, or additional rental income. The property extends directly to the Fort Pierce Inlet and includes a dock with direct water access. An estimated 0.80± acre vacant section located just north of the main property provides room for potential future development, expansion, or complementary use. The property is near the Downtown Fort Pierce Historic District, known for its waterfront, restaurants, marinas, and cultural attractions. It is also located minutes from US-1 with quick access to both I-95 and Florida's Turnpike.
Key Highlights
- 1.6‑acre waterfront property on Indian River Drive with direct access to Fort Pierce Inlet and a private dock.
- Two‑story, 4,154± SF building currently operating as a 5‑unit bed and breakfast, suitable for various commercial uses or conversion.
- Detached 1,506± SF studio apartment, ideal for onsite management, guest accommodations, or rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bed & breakfast - Unique waterfront property with hospitality, office, and development potential.
Where is this bed & breakfast located?
The property is located at 515 S Indian River Dr Fort Pierce, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 1.6‑acre waterfront property on Indian River Drive with direct access to Fort Pierce Inlet and a private dock.; Two‑story, 4,154± SF building currently operating as a 5‑unit bed and breakfast, suitable for various commercial uses or conversion.; Detached 1,506± SF studio apartment, ideal for onsite management, guest accommodations, or rental income.
