South Beach at Hutchinson Island_Property for Sale
South Beach at Hutchinson Island_Property for Sale
901 South Ocean Drive, Fort Pierce, FL, 34949, US

South Beach at Hutchinson Island

Asset Description

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. 

...

Attributes

Land area gross
27,842.39 m²
Zoning
PD, Planned Development

Media

Investment Highlights

  • ONE OF THE LAST REMAINING BEACH ADDRESSES IN FLORIDA
  • LIMITED COMPETITIVE SUPPLY COUPLED WITH INSATIABLE DEMAND
  • IMMEDIATE BEACH ACCESS WITH DIRECT PROXIMITY TO PROMINENT DEMAND DRIVERS
  • RAPID CONNECTIVITY TO MAJOR EMPLOYMENT CENTERS VIA HIGHWAY A1A
  • BRIGHTLINE PLANS NEW TREASURE COAST STATION
South Beach at Hutchinson Island 4_Property for Sale
South Beach at Hutchinson Island 4_Property for Sale

Contact brokers

South Beach at Hutchinson Island (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
26 Mar 2024