0 S Ocean Drive, Fort Pierce, FL | $2,395,000

Positioned on one of the most irreplaceable stretches of Hutchinson Island's coastline, this 1. 66-acre oceanfront offering presents a rare opportunity to secure a true one-of-one coastal parcel. With approximately 120 feet of direct Atlantic Ocean frontage and nearly 300 feet from beach to shoreline, the property offers a level of scale, privacy, and natural beauty that has become increasingly difficult to find along Florida's coast. With no HOA, the parcel allows for exceptional design flexibility. A future owner may continue the architectural vision being developed for the neighboring parcel to the south, envisioned by the owner as Diamond Seas, or bring their own architect to create a private oceanfront compound tailored to their lifestyle. The property also offers the potential to pursue dockage permitting on the Indian River, creating the rare possibility of accommodating a vessel while maintaining direct oceanfront ownership. This combination of Atlantic frontage, potential river access, privacy, and acreage is seldom available and increasingly difficult to replicate. Quietly set along Hutchinson Island, yet minutes from town, dining, marinas, and everyday conveniences, the property offers a unique balance of privacy and access. Still known by relatively few, Hutchinson Island remains one of Florida's most understated coastal enclaves. More than a homesite, this is an opportunity to create a legacy estate on a rare stretch of Florida coastline where land, privacy, and long-term scarcity define the value. Photos include digitally created visuals for conceptual purposes only which include Dock structure, property structure, lot lines.

Features

  • Zoning: Res
  • View: Intracoastal, Ocean
  • Water Front: Yes
  • MLS#: B26040168
  • Website: https://www.raveis.com
    /prop/B26040168/0soceandrive_fortpierce_fl?source=qrflyer
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Listing courtesy of One Sotheby's Intl. Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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0 S Ocean Drive, Fort Pierce, FL

$2,395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,916,000 $1,916,000 $1,916,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.300% 6.110% 6.097%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,334 $11,487 $16,039
Total Monthly Payment $11,459 $11,612 $16,164

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.