104 Ocean Estates Dr Fort Pierce, FL 34949
This exceptional opportunity presents the chance to acquire the final 14 undeveloped residential lots within the prestigious Avalon Beach community on Hutchinson Island, Florida. Encompassing 64,904 square feet of land nestled between the Atlantic Ocean and the Intracoastal Waterway, this secluded parcel offers unparalleled access to pristine beaches and tranquil waterways. The lots, situated between Avalon State Park and conservation land, provide a unique blend of privacy and convenience. Existing homes in Avalon Beach range from four to seven bedrooms, showcasing the potential for substantial, high-value residential development. Lot dimensions vary between 40x90 and 50x90 feet, allowing for the construction of up to three-story homes. The community boasts a quiet, exclusive atmosphere, attracting affluent buyers seeking a luxurious coastal lifestyle. Located a quarter-mile south of the Indian River County line, Avalon Beach is minutes from Vero Beach, offering easy access to healthcare, airports, and I-95. The property is zoned PUD, and the HOA fee is $288 per month. This is a rare chance to capitalize on the high demand for luxury real estate in this sought-after location. The asking price for all 14 lots is $4,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.