Home in 515 S Indian River Drive, Fort Pierce, FL 34950 for sale with MLS# B26006623
Presenting a rare opportunity to acquire a distinctive waterfront property along scenic Indian River Drive overlooking the Fort Pierce Inlet. This unique 1.6-acre property offers a blend of hospitality use, professional use potential, waterfront access, and future development upside in one of the Treasure Coast's most attractive waterfront corridors. The property features a two-story freestanding building totaling 4,154± SF, currently operating as a 5-unit bed and breakfast, while also offering a layout well suited for a professional office, boutique commercial use, or a conversion to a variety of business operations. Complementing the main building is a detached 1,506± SF studio apartment located toward the rear of the property. Adding further value, an estimated 0.80± acre vacant section
515 S Indian River Drive, Fort Pierce, FL 34950
- Price:
- $1,750,000.00
- Original List Price:
- $1,850,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $445.35
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- March 26, 2026 3:31 pm
- Bedrooms:
- 5
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Other
- Living Area:
- 3,272 Sqft
- Built-Up Area:
- 4,154 Sqft
- Building Area Source:
- Other
- Living Area Source:
- Other
- Lot Size Acres:
- 1.6
- View from the Property:
- River
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access, River Front
- Appliances:
- Other
- Interior:
- Other
- Air Conditioning
- Air Conditioning System:
- Other
- Heating
- Heating System:
- Other
- Property Entrance Faces:
- East
- Year Built:
- 1900
- Roof:
- Other
- Levels:
- Two
- Construction Materials:
- Concrete Block - With Stucco
- Flooring:
- Other
- Number of stories:
- 2
- Structure Type:
- House
- Stories:
- 2
- Property Condition:
- Resale
- Tax Annual Amount:
- $25,838.4
- Tax Year:
- 2025
- Tax Assessed Value:
- $1,054,500.00
- Property Tax Details:
- City/County
- Parking Total Spaces:
- 5
- Covered Spaces:
- 0
- Parking Features:
- Open
- Sewer:
- Septic Tank, Public Sewer, Private Sewer
- Utilities Available:
- Other
- Water Source:
- Public, Other, Well
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- ANDREWS & RICHARDS RESUBDIVISION (EAST)
- Senior Community:
- No
- Restrictions:
- See Remarks
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, 1031 Exchange
- Buyer Possession:
- Other
- Negotiable Seller Concessions
- Tax Legal Description:
- ANDREWS AND RICHARDS S/D THAT PART OF LOT 1 LYG E OF S 2 ST AND BEG ON E LI OF S 2 ST 8 FT S OF N LI OF LOT 2, RUN NELY 95.70 FT TO N LI, TH
- Real Estate Folio Number (Parcel Number):
- 241081000010009
- Zoning:
- Office Co
- Active on the market since:
- March 25, 2026
- Listing Agreement executed on:
- March 25, 2026
- Price change occurred on:
- March 26, 2026 3:31 pm
- Listing Status Last Changed On:
- March 25, 2026 2:44 pm
- Photos updated on:
- April 9, 2026 6:15 pm
- Last Modified:
- April 9, 2026 6:15 pm
- Courtesy of:
- LYNQ Real Estate
- Attribution:
- Not provided
- Street Name:
- Indian River
- Street Number:
- 515
- City:
- Fort Pierce
- State:
- Florida
- Zip Code:
- 34950
- County:
- St. Lucie
- Latitude:
- N27° 26' 34.5''
- Longitude:
- W81° 40' 40.8''
- Street Suffix:
- Drive
- Street Direction Prefix:
- S
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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