Mike Millard+1 561 346 2382mike.millard@colliers.com

Sean Old+1 561 558 6363sean.old@colliers.com

Hoyt Patrick Murphy+1 772 971 7424hoytmurphy@hotmail.com

FOR SALE

5 1 1 S O C E A N D R I V E , H U T C H I N S O N I S L A N D , F L

± 1 . 7 A C R E D E V E L O P M E N T O P P O R T U N I T Y

Atlantic Ocean

S OCEAN DRIVE

Subject Site±1.7 AC

I D E A L F O R M U L T I F A M I L Y

P R O J E C T

M I N U T E S T O D O W N T O W N

F O R T P I E R C E A N D L O C A L

A M E N I T I E S

E A S Y A C C E S S T O

I - 9 5 A N D F L O R I D A ’ S

T U R N P I K E

± 1 . 7 T O T A L A C R E S F O R

D E V E L O P M E N T

PROPERTYOVERVIEW

5 1 1 S O C E A N D R I V E

H U T C H I N S O N I S L A N D , F L

Colliers presents this ±1.7-acre site located at 511 S Ocean Drive on HutchinsonIsland, steps away from one of South Florida’s most desirable beaches. The propertyoffers residential zoning, providing a multifamily development opportunity for thesavvy investor and/or developer. The property is surrounded by a mix of single andmultifamily development with easy access to local hotels, resorts and restaurants.

New Reduced Price:

$1,050,000

• ±1.7 acres with a combined 11 lots primed for development

• Steps away from the beach

• Desirable Hutchinson Island submarket

• Zoning options allow for multifamily project

• Minutes to local restaurants, resorts and hotels

• Proximity to Downtown Fort Pierce

• Access to Interstate 95 via Orange Avenue to the west

• Conveniently positioned just south of Seaway Drive, with easy access to

Causeway Island, Harbor Isle Marina and more

S I T E D E T A I L S

Hern

ando

Ave

S Ocean Dr

S U R V E Y

Property Address 511 S Ocean DriveHutchinson Island, FL

Parcel Number 52401-502-0026-000-6

Land Size 1.7 acres (73,920 SF)

Lots Potential for up to 14 total

Zoning R4A

Current Use Code 8900 - Municipal

County St. Lucie County

Highest and Best Use Single or multifamily

Frances Ave

Porpoise Ave

Seaway Dr

12A BuouyDave’s Diner

On The Edge Bar & Grill

Manatee Island Fort Pierce

Harbor CoveBar & Grill

Dino’s Family Restaurant

Airport Tiki

Charlene’s Coyote Grill

Eckle’s Restaurant & Lounge

LOCATION OVERVIEW

The site is positioned on the west side of South

Ocean Drive just south of Seaway Drive, the

primary roadway connecting the mainland to the

area known as Hutchinson Island. The property

offers easy access to local amenities and some of

the most desirable beaches in the South Florida

region.

Hutchinson Island is considered a part of the Fort

Pierce submarket in St. Lucie County, in what is

known as Florida’s Treasure Coast.

St. Lucie County is central to both Orlando

and Miami submarkets with West Palm Beach

approximately one hour to the south. The County

has substantial access to interstate, seaport, rail

and air infrastructure. Florida’s Turnpike and I-95

bisects the region offering multiple exits. St. Lucie

County is southeast of Orlando and about one-

hour north (by car) of West Palm Beach. It is easily

accessible by two of Florida’s main highways—I-95

and the Florida Turnpike.

Current Population (2020)

54,427

Average Household Income (2020)

$57,193

Total Households (2020)

20,524

DEMOGRAPHIC SNAPSHOT (5 mile radius)

Projected Population (2025)

56,302

Projected Median Household Income (2025)

$63,004

Mike Millard+1 561 346 2382mike.millard@colliers.com

Sean Old+1 561 558 6363sean.old@colliers.com

CONTACT US

Hoyt Patrick Murphy+1 772 971 7424hoytmurphy@hotmail.com

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2020. All rights reserved.

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