5140 N Highway A1a Fort Pierce, FL 34949
Hutchinson Island North NeighborhoodEstimated payment $47,038/month
About This Lot
Sited on an expansive 545’ linear feet of direct oceanfront, this 4.24+ acre parcel presents an incredible opportunity to capitalize on panoramic views of the coastline, sea, & endless open sky. This sprawling parcel is beautifully positioned on an accreting beach & allows for (6) individual single-family parcels. Each parcel is also being offered for sale separately, or one can buy the entire parcel & develop all (6) parcels. Alternative zoning allows for the potential development of condos or a large restaurant. Only 8 miles to Vero’s Ocean Drive District & 4 miles to the Ft. Piece inlet.
Listing Agent
Douglas Elliman Florida LLC Brokerage Phone: 772-360-6824 License #3102713 Listed on: 04/07/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $32,737
Lot Details
- 4.24 Acre Lot
- Ocean Front
- 6 Lots in the community
- Zoning described as Multiple,Residential
Utilities
- Not Connected to Water Source
- Not Connected to Sewer
- Cable TV Available
Additional Features
- Ocean Views
- Property has ocean access
Listing and Financial Details
- Assessor Parcel Number 141050100210206
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $32,737 | $5,540,500 | $5,540,500 | -- |
| 2023 | $32,737 | $3,635,100 | $3,635,100 | $0 |
| 2022 | $12,928 | $662,500 | $662,500 | $0 |
| 2021 | $13,429 | $662,500 | $662,500 | $0 |
| 2020 | $13,598 | $662,500 | $662,500 | $0 |
| 2019 | $13,768 | $662,500 | $662,500 | $0 |
| 2018 | $13,256 | $662,500 | $662,500 | $0 |
| 2017 | $13,426 | $662,500 | $662,500 | $0 |
| 2016 | $13,296 | $662,500 | $662,500 | $0 |
| 2015 | $13,614 | $662,500 | $662,500 | $0 |
| 2014 | $13,382 | $662,500 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Price Changed | $8,000,000 | -40.5% | -- |
| 01/20/2025 01/20/25 | For Sale | $13,450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | Corporate Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,850,000 | Construction | |
| Closed | $1,300,000 | Future Advance Clause Open End Mortgage | |
| Closed | $375,000 | Stand Alone First |
Source: REALTORS® Association of Indian River County
MLS Number: 287105
APN: 14-10-501-0021-0206
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