511 s ocean drive, hutchinson island, fl · 2020. 7. 20. · 511 s ocean drive. hutchinson island,...
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Mike Millard+1 561 346 [email protected]
Sean Old+1 561 558 [email protected]
Hoyt Patrick Murphy+1 772 971 [email protected]
FOR SALE
5 1 1 S O C E A N D R I V E , H U T C H I N S O N I S L A N D , F L
± 1 . 7 A C R E D E V E L O P M E N T O P P O R T U N I T Y
Atlantic Ocean
S OCEAN DRIVE
Subject Site±1.7 AC
I D E A L F O R M U L T I F A M I L Y
P R O J E C T
M I N U T E S T O D O W N T O W N
F O R T P I E R C E A N D L O C A L
A M E N I T I E S
E A S Y A C C E S S T O
I - 9 5 A N D F L O R I D A ’ S
T U R N P I K E
± 1 . 7 T O T A L A C R E S F O R
D E V E L O P M E N T
PROPERTYOVERVIEW
5 1 1 S O C E A N D R I V E
H U T C H I N S O N I S L A N D , F L
Colliers presents this ±1.7-acre site located at 511 S Ocean Drive on HutchinsonIsland, steps away from one of South Florida’s most desirable beaches. The propertyoffers residential zoning, providing a multifamily development opportunity for thesavvy investor and/or developer. The property is surrounded by a mix of single andmultifamily development with easy access to local hotels, resorts and restaurants.
New Reduced Price:
$1,050,000
• ±1.7 acres with a combined 11 lots primed for development
• Steps away from the beach
• Desirable Hutchinson Island submarket
• Zoning options allow for multifamily project
• Minutes to local restaurants, resorts and hotels
• Proximity to Downtown Fort Pierce
• Access to Interstate 95 via Orange Avenue to the west
• Conveniently positioned just south of Seaway Drive, with easy access to
Causeway Island, Harbor Isle Marina and more
S I T E D E T A I L S
Hern
ando
Ave
S Ocean Dr
S U R V E Y
Property Address 511 S Ocean DriveHutchinson Island, FL
Parcel Number 52401-502-0026-000-6
Land Size 1.7 acres (73,920 SF)
Lots Potential for up to 14 total
Zoning R4A
Current Use Code 8900 - Municipal
County St. Lucie County
Highest and Best Use Single or multifamily
Frances Ave
Porpoise Ave
Seaway Dr
12A BuouyDave’s Diner
On The Edge Bar & Grill
Manatee Island Fort Pierce
Harbor CoveBar & Grill
Dino’s Family Restaurant
Airport Tiki
Charlene’s Coyote Grill
Eckle’s Restaurant & Lounge
LOCATION OVERVIEW
The site is positioned on the west side of South
Ocean Drive just south of Seaway Drive, the
primary roadway connecting the mainland to the
area known as Hutchinson Island. The property
offers easy access to local amenities and some of
the most desirable beaches in the South Florida
region.
Hutchinson Island is considered a part of the Fort
Pierce submarket in St. Lucie County, in what is
known as Florida’s Treasure Coast.
St. Lucie County is central to both Orlando
and Miami submarkets with West Palm Beach
approximately one hour to the south. The County
has substantial access to interstate, seaport, rail
and air infrastructure. Florida’s Turnpike and I-95
bisects the region offering multiple exits. St. Lucie
County is southeast of Orlando and about one-
hour north (by car) of West Palm Beach. It is easily
accessible by two of Florida’s main highways—I-95
and the Florida Turnpike.
Current Population (2020)
54,427
Average Household Income (2020)
$57,193
Total Households (2020)
20,524
DEMOGRAPHIC SNAPSHOT (5 mile radius)
Projected Population (2025)
56,302
Projected Median Household Income (2025)
$63,004
Mike Millard+1 561 346 [email protected]
Sean Old+1 561 558 [email protected]
CONTACT US
Hoyt Patrick Murphy+1 772 971 [email protected]
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2020. All rights reserved.
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