515 S Indian River Drive, Fort Pierce, FL 34950
New Listing
$1,850,000
Property Type:
Residential
Bedrooms:
5
Baths:
2
Square Footage:
4,154
Status:
Active
Current Price:
$1,850,000
List Date:
3/25/2026
Last Modified:
3/25/2026
Overview
Description
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
Listing Details MLS# B26006623
General Property Information
- Property Sub Type
- Single Family Residence
- Bedrooms Total
- 5
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Building Area Main
- 4154
- Building Area Source
- Other
- Living Area Main
- 3272
- Living Area Source
- Other
- Accessibility Features YN
- No
- Year Built
- 1900
- Parking Total
- 5
- Gated Community YN
- No
- Lot Size Area
- 69696
- Lot Size Acres
- 1.6
- Senior Community YN
- No
- Waterfront YN
- Yes
- Stories Total
- 2
- Stories
- 2
- Direction Faces
- East
- Fireplace YN
- No
- Pool Private YN
- No
- LP/Assessed Value
- 1.75
Property Features
Flooring:
Other
Parking Features:
Open
Property Condition:
Resale
Special Listing Conditions:
Standard
Appliances:
Other
Construction Materials:
Concrete Block - With Stucco
Cooling:
Other
Heating:
Other
Interior Features:
Other
Levels:
Two
Listing Terms:
1031 Exchange; Cash; Conventional; FHA
Pets Allowed YN:
Yes
Pets Allowed:
No Restrictions
Possession:
Other
Restrictions:
See Remarks
Roof:
Other
Sewer:
Private Sewer; Public Sewer; Septic Tank
Structure Type:
House
Tax Information:
City/County
Utilities:
Other
Water Access:
Ocean Access
Water Source:
Public; Well; Other
Water View:
River
Waterfront Features:
River Front
Showing Requirements:
24 Hour Notice; Appointment Only; Call Listing Agent; Text Listing Agent
Room Types:
Kitchen; Living Room; Master Bedroom
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2026-03-25
- Original List Price
- 1850000
- Negotiable Seller Concessions YN
- Yes
- Occupant Type
- Call Listing Agent
- Listing Service
- Full Service
Location and Legal
- Country
- United States
- County Or Parish
- St. Lucie
- Street Number
- 515
- Street Direction Prefix
- S
- Street Name
- Indian River
- Street Suffix
- Drive
- Municipality Type
- Unincorporated
- State Or Province
- FL
- Postal Code
- 34950
- Postal Code +4
- 1503
- Subdivision Name
- ANDREWS & RICHARDS RESUBDIVISION (EAST)
- Area
- 7110
- Geographic Area
- SL01
- Special Assessment YN
- No
- Parcel Number
- 241081000010009
- Zoning
- Office Co
- Flood Zone
- AE,X
Financial Information
- Master Association YN
- No
- Membership Fee Required YN
- No
- Tax Annual Amount
- 25838.4
- Tax Year
- 2025
- Tax Assessed/SOH Value
- 1054500
- 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
- Assessor Market Value
- 1054500
- Estimated Monthly Assoc Recurring Fee
- 0
Status Change Information
- Major Change Timestamp
- 2026-03-25T14:44:40Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-03-25
More Information
Main Level Rooms
- Main Level Bathrooms
- 2
- Main Level Bedrooms
- 5
Pet Details
- Pet Fee YN
- No
Showing Details
- Pet(s) on Premises
- No
Price Calculations
- Current Price To SqFt
- 445.35
Originating Details
- Originating System Key
- 20260325142648367937000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Flooring
- Other
- Yes
Parking Features
- Open
- Yes
Property Condition
- Resale
- Yes
Special Listing Conditions
- Standard
- Yes
Structure Type
- House
- Yes
Possession
- Other
- Yes
Sewer
- Private Sewer
- Yes
- Public Sewer
- Yes
- Septic Tank
- Yes
Utilities
- Other
- Yes
Heating
- Other
- Yes
Water Access
- Ocean Access
- Yes
Water View
- River
- Yes
Appliances
- Other
- Yes
Construction Materials
- Concrete Block - With Stucco
- Yes
Interior Features
- Other
- Yes
Levels
- Two
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Roof
- Other
- Yes
Water Source
- Public
- Yes
- Well
- Yes
- Other
- Yes
Waterfront Features
- River Front
- Yes
Cooling
- Other
- Yes
Showing Requirements
- 24 Hour Notice
- Yes
- Appointment Only
- Yes
- Call Listing Agent
- Yes
- Text Listing Agent
- Yes
Master Bedroom/Bath
- Other
- Yes
Pets Allowed YN
- Yes
- Yes
Pets Allowed
- No Restrictions
- Yes
Restrictions
- See Remarks
- Yes
Tax Information
- City/County
- Yes
Room Types
- Kitchen
- Yes
- Living Room
- Yes
- Master Bedroom
- Yes
Room Information
Kitchen
Living Room
Master Bedroom
Listing Office:
LYNQ Real Estate
Last Updated: March - 25 - 2026
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