South Beach at Hutchinson Island

Jones Lang LaSalle (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee simple interest in 901-1001 South Ocean Drive, a 6.88-acre luxury townhome development site in Hutchinson Island, Fort Pierce, FL, with site plan approval already in place and just steps from the beach. The Property affords investors the unique opportunity to quickly develop one of the most exciting townhome development projects in Florida, while capitalizing on significant pent-up demand in the market driven by the ever-increasing migration to the state, which averages approximately 1,000 new residents per day. Limited supply of new, luxury residential product in the immediate area, combined with what has been a “gold rush” to Florida will drive significant demand for the project.

The South Beach project will consist of 52 ultraluxury townhomes upon completion, greatly benefitting from its irreplaceable location right off Highway A1A, directly along the Fort Pierce Inlet and less than a 1-minute walk from the pristine coastline of Hutchinson Island Beach, which was named one of the 50 best places to travel in 2023 by Forbes magazine. The Site is also within walking distance to a wide variety of local restaurants and bars, including The Square Grouper Tiki Bar, On the Edge Bar & Grill at the Pelican Yacht Club, and Manatee Island restaurant.