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Property profile & analytics
OFF-MARKET
Land

104 Ocean Estates Dr Fort Pierce, FL 34949

64904 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 64904 ac (2,827,218,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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