Unimproved Land in 1038 37th S Street, Fort Pierce, FL 34947 for sale with MLS# R11165411

Prime 5.28± acre infill development opportunity in the City of Fort Pierce, positioned for multifamily or rental housing with Residential Low-Density (RL) Future Land Use supporting approximately 31 units. Current E-3 zoning allows ~15 units by right, creating a compelling rezoning pathway to align with FLU and maximize density. Centrally located near major employment hubs including Lawnwood Regional Medical Center and Indian River State College, the site is well-situated for workforce housing, townhome development, or build-to-rent communities. READ MORE BELOW. Fort Pierce is undergoing significant transformation driven by major public and private investment. The planned King's Landing mixed-use redevelopment is a $155M project that will introduce hospitality, residential, retail, and dining along the waterfront, reinforcing downtown as a regional destination. Ongoing Downtown and Marina Square revitalization efforts continue to enhance connectivity, public spaces, and waterfront activation. The proposed Koa Bay surf park and lifestyle development is a $650M project expected to deliver a large-scale mixed-use environment featuring residential, hospitality, and recreation, further elevating the city's profile as a tourism and lifestyle hub. In addition to destination projects, Fort Pierce's economic base continues to expand with the Derecktor Fort Pierce superyacht refit facility at the Port, establishing the area as a premier marine service hub and generating sustained demand for workforce and rental housing. Proximity to major employment centers including Lawnwood Regional Medical Center and Indian River State College further strengthens long-term housing demand fundamentals. Strategically positioned near major corridors with convenient access to Downtown Fort Pierce, the waterfront, and regional transportation routes, this parcel offers developers the opportunity to capitalize on a growing market supported by infrastructure investment, job creation, and destination-driven growth.

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1038 37th S Street, Fort Pierce, FL 34947

Price
Price:
$599,000.00
Original List Price:
$599,000.00
List Price per Sq Ft (Calculated, Approx.):
$2.6
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
February 23, 2026 8:15 am
Measures
Lot Area:
229,997 Sqft
Lot Size Unit:
Acres
Lot Size Acres:
5.28
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Single Family, Unimproved, Multi-family
Property Entrance Faces:
West
Road Responsibility:
Public Maintained Road
Construction
Road Frontage Type:
West Of Us-1
Possible Use:
Single Family
Taxes and Expenses
Tax Annual Amount:
$7,954.93
Tax Year:
2025
Utilities
Utilities Available:
None, Sewer Available, Water Available
Water Source:
Public, Well
Community
Subdivision Name:
METES AND BOUNDS
Senior Community:
No
Development Status:
Raw Land
Terms
Documents Available:
Survey, Plans
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
17 35 40 SW 1/4 OF NE 1/4 OF NW 1/4-LESS N 445 FT AND LESS W 40 FT- AND NW 1/4 OF SE 1/4 OF NW 1/4-LESS S 500 FT AND LES
Real Estate Folio Number (Parcel Number):
241721300010007
Zoning:
E3
Public Schools Assigned
Elementary School:
Crestwood-hb
High School:
Fort Pierce Westwood Academy
Middle Or Junior School:
Dan Mccarty
Listing History
Active on the market since:
February 23, 2026
Listing Agreement executed on:
February 20, 2026
Listing Status Last Changed On:
February 23, 2026 8:15 am
Photos updated on:
February 23, 2026 8:15 am
Last Modified:
April 9, 2026 5:46 am
Additional Information
Courtesy of:
Illustrated Properties/Sewalls
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
37th S
Street Number:
1038
City:
Fort Pierce
State:
Florida
Zip Code:
34947
County:
St. Lucie
Latitude:
N27° 26' 12''
Longitude:
W81° 38' 19.8''
Street Suffix:
Street
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $44,985
Median Home Value $202,700
Median Rent $1,125/mo
Median Age 33
Population 13,192

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This listing can also be located in the MLS system as RX-11165411
Association of REALTORS®
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