$19,990,000

Opportunity to acquire 2.72 acres of prime developable land fronting the Indian River Drive waterfront corridor in Downtown Fort Pierce, Florida. The parcel occupies most of the block between Avenue C (A.E. Backus Avenue) and Avenue D, with its primary face on Indian River Drive, directly across from the Fort Pierce Manatee Education Center, immediately adjacent to the A.E. Backus Museum & Gallery, and Fort Pierce City Marina.The assemblage has never been listed on the open market. With 200-feet of by-right height allowance, a premier Indian River Drive address, and proximity to over $185 million in announced public and private investment actively under construction on the same corridor, this parcel sits at the epicenter of the Treasure Coast's most significant urban revitalization in a generation.The site is ideally suited for a vertically integrated mixed-use tower: street-level retail and restaurant activation fronting Indian River Drive, mid-level commercial or hospitality, and upper-floor luxury residential or hotel. With premium condos already selling at the neighboring King's Landing project at prices already surrounding the $1.5M, demand for premium waterfront product in Fort Pierce is validated and accelerating.