NOT LISTED FOR SALE

401 S Indian River Dr Fort Pierce, FL 34950

Downtown Fort Pierce Neighborhood

Estimated Value: $1,605,336

0.93 Acre
$1,726,168 Price per Acre
40,511 Sq Ft Lot

Sale Details

Date Sold: September 15, 2021

Last sale price $1,925,000 $616 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $10,406 / mo

261 Days on Market

Highlights

  • Waterfront
  • Corner Lot
  • Many Trees
  • 0.93 Acre Lot
  • No HOA
  • Grass Covered Lot

About This Lot

As of September 2021

The INDIAN RIVER WATERFRONT project consists of 2 separate parcels. IRD Waterfront is a 1.87 acre site located at the corner of Indian River Drive and Citrus Avenue, the entrance to the Fort Pierce downtown entertainment district. IRD Waterfront is a rare opportunity to develop a luxury residential and mixed use project on 269 linear feet of shoreline. Additionally, the property has obtained state and federal permits for a 28 boat slip marina with water and electric. Located adjacent to the new kayak park the property enjoys direct river views, river access and the beach. The West parcel is an approved 42,000+ The West parcel is an approved 42,000+ square foot Mixed Use development site consisting of: 8,185 SF Retail, 51 Covered Parking Spaces, 13,815 SF Office, and Eleven Condos ranging in size from 1,010SF to 2,390 SF. Great walkability to shopping, dining and entertainment. All permitting is complete. Detailed plans, permits & survey are available upon request. Submerged land lease and permit for 28 - slip marina available. PRICE - $2,750,000 for both parcels.

Last Agent to Sell the Property

Kathryn Gillespie

Illustrated Properties LLC License #3250312 Listed on: 06/15/2020

Illustrated Properties LLC

Last Buyer's Agent

Sharon Downes

Keller Williams Realty - Welli License #3359316

Keller Williams Realty - Welli

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,722

Lot Details

  • 40,511 Sq Ft Lot
  • Waterfront
  • East Facing Home
  • Corner Lot
  • Many Trees
  • Grass Covered Lot
  • 2 Lots in the community
  • Site Plan Filed
  • Property is zoned C1

Utilities

  • Water Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Andrews And Richards Subdivision

Listing and Financial Details

  • Assessor Parcel Number 241080800170007

Property Details

Property Type

Land

Est. Annual Taxes

$19,722

Lot Details

0.93 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: I-95 to the Okeechobee (Fort Pierce) exit. Proceed east to US 1. Proceed north to Citrus Avenue. Proceed east to the property located at the intersection of Citrus Avenue and Indian River Drive
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 1-2 Acres, Central Business District, Corner Lot, Many Trees
  • Road Frontage Type: Public Road
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, None, Phone Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 241080800170007
  • Current Use: Commercial, Multi-Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.93
  • Lot Size Sq Ft: 40511.0
  • Number Of Lots: 2
  • Possible Use: Commercial
  • Mobile Dim Units: Feet
  • Additional Parcels Description: 241080800190001
  • Zoning: C1

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 19721.6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Bought by
Current Estimated Value
$1,605,336

Purchase Details

Closed on
Jul 3, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
0.0591%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100 None Listed On Document
$635,000 Attorney
$1,500,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $400,000
Closed $850,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $1,925,000 -35.8% $616 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
06/15/2020 06/15/20 For Sale $2,999,999 -- $959 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,429 $873,500 $873,500 --
2024 $21,628 $873,500 $873,500 --
2023 $21,628 $873,500 $873,500 $0
2022 $21,771 $873,500 $873,500 $0
2021 $23,153 $1,120,200 $1,120,200 $0
2020 $19,495 $746,800 $746,800 $0
2019 $19,722 $746,800 $746,800 $0
2018 $19,084 $746,800 $746,800 $0
2017 $18,062 $711,900 $711,900 $0
2016 $16,466 $631,700 $631,700 $0
2015 $16,736 $631,700 $631,700 $0
2014 $16,311 $631,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Gillespie

    Seller's Agent in 2021

    Kathryn Gillespie

    Illustrated Properties LLC

    (561) 789-8007

    2 in this area

    10 Total Sales

    Kathryn Gillespie
    Section Image

  • S

    Buyer's Agent in 2021

    Sharon Downes

    Keller Williams Realty - Welli

    (561) 472-1236

    2 in this area

    13 Total Sales

    Sharon Downes
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10630888

BeachesMLS (Greater Fort Lauderdale)

APN: 24-10-808-0017-0007

Florida St Lucie County Fort Pierce 34950 Downtown Fort Pierce

401 S Indian River Dr, Fort Pierce, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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