Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$9,250,000 Just Listed

  • For Sale
  • Active
  • Vacant Land
  • 20.97 Acres
  • Updated 6 hours ago
See This Home
Save This Home
See This Home
Save This Home
Ocean to Intracoastal! Pelican Reef offers a development opportunity on Hutchinson Island: 20.97 acres across 8 total parcels, with 557 ft of direct Atlantic frontage and 500 ft of direct Intracoastal frontage. The 7.57-acre oceanfront site is shovel-ready and approved for 7 estate-sized luxury homes with building footprints ranging from 5,400 to 7,400 sqft, with utilities and infrastructure in place for immediate construction potential. Developers seeking greater density may reapply for additional single-family homesites or a multi-family condominium plan, subject to approval. A 13.4-acre Intracoastal parcel under a conservation easement protects privacy and views for good, with a proposed boardwalk from S. Ocean Dr. to the water and up to 4 docks of two slips each, pending approval. In addition, property is bordered to the South by State-Owned and protected land further adding to the exclusivity and privacy for future Pelican Reef residents. Some photos have been virtually rendered to reflect the build out and completion of Pelican Reef with the approved and platted homesites in addition to the proposed dock configurations which are pending approval.

Full Property Details for 0 S Ocean Dr

General

  • Price: $9,250,000
  • HOA FEE: $827/month
  • Taxes: $26,837 (2026)
  • Status: Active
  • Type: Vacant Land
  • Source: Regional
  • MLS ID: B26090444
  • Updated: Today (10/20/2026)
  • Added to Site: Today

Additional Information

  • Shared Amenities: None, Beach Access
  • Security/Safety: Gated Community

Location

  • County: St Lucie
  • Subdivision: Pelican Reef
  • Driving Directions: Ocean Dr. North from Jensen Beach, Entrance 1, 200 ft North of Little Mud Creek
  • Direction Faces: East

Community

  • Community Name: 7010
  • Association: Yes
  • Assoc. Name: Pelican Reef

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Water: Public
  • Utility Description: Electricity Available, Sewer Available, Underground Utilities, Water Available

Structural Information

  • Current Bldg. Use: Residential, Single Family

Lot Features

  • Property View: Intercoastal, Ocean, Preserve
  • Lot Size (Acres): 20.97
  • Lot Size (Sq. Ft.): 913,453.2
  • Lot Dimensions: 557 x 1600
  • Frontage: County Road, City Street, Private Road, Asphalt
  • Road Maintenance: Private Maintained Road
  • Topography: Filled
  • Lot Features: Cleared, Interior Lot, Oversized Lot, Subdivision
  • Development Status: Proposed, Site Plan Filed, Site Plan Approved
  • Potential Use: Multi-Family, Single Family
  • Trees/Vegetation: Brush, Other
  • Zoning: Hutchinson Isla
  • Fencing (Description): None

Water Features

  • Water Front: Yes
  • Water Front Desc.: Intracoastal Access, Ocean Access, Ocean Front, River Access, Shoreline - Sand
  • Water Front View: Intracoastal Access, Ocean Access, Ocean Front, River Access, Shoreline - Sand

Financial Considerations

  • For Sale: Yes
  • Association Fee: $827
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $26,837.07
  • Tax Year: 2026
  • Terms: Cash, Conventional, 1031 Exchange, Private Financing Available

Disclosures and Reports

  • Special Conditions: Standard, Build To Suit, Listed As-Is
  • Documents Avail.: Aerial, Building Plans, Environmental Study, Other, Plat, Subdivision Plan, Survey, Topographical Survey
  • Multiple Parcels: Yes
  • Legal Description: TORTUGAS SANDS (PB 143-15) LOT 1
  • Disclosures/Rstr.: Flood Plain Disclosure
  • Property ID: 253280500010008

Listed by Serhant

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 0 S Ocean Dr —

  • Serhant

  • Serhant

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 0 S Ocean Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2026
Listed
$9,250,000
23.33%
MLS
7/23/2024
Sold
$7,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 0 S Ocean Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$34,358
—
$2,226,400
27%
2024
$34,358
5%
$1,749,200
7%
2023
$32,618
74%
$1,639,900
83%
2021
$18,708
-38%
$893,800
-41%
2022
$30,147
73%
$1,503,300
94%
2018
$17,441
-10%
$775,126
-9%
2019
$19,339
32%
$852,638
12%
2017
$14,635
-19%
$758,600
18%
2016
$18,058
-2%
$640,600
—
2015
$18,365
1%
$640,600
—
2014
$18,141
—
$640,600
—
2013
$18,175
—
$640,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 0 S Ocean Dr

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Serhant

Just Listed near 0 S Ocean Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

217 Nettles Blvd, Jensen Beach, FL 34957 - Photo 1 Just Listed
$335,000

217 Nettles Blvd  Jensen Beach, FL 34957

  • Mobile Home
  • Active
  • Updated 3 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 948
    Sq. Ft.
60 Aqua Ra Dr, Jensen Beach, FL 34957 - Photo 1 Just Listed
$725,000

60 Aqua Ra Dr  Jensen Beach, FL 34957

  • Single Family
  • Active
  • Updated 20 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,456
    Sq. Ft.
3392 NE Causeway Blvd, Jensen Beach, FL 34957 - Photo 1 Just Listed
$399,800

3392 NE Causeway Blvd  #403  Jensen Beach, FL 34957

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,102
    Sq. Ft.
185 Nettles Blvd, Jensen Beach, FL 34957 - Photo 1 Just Listed
$240,000

185 Nettles Blvd  Jensen Beach, FL 34957

  • Mobile Home
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 788
    Sq. Ft.

Price Reduced near 0 S Ocean Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10980 S Ocean Dr, Jensen Beach, FL 34957 - Photo 1 Price Reduced
-$5,000 (-1.25%)
$395,000

10980 S Ocean Dr  #312  Jensen Beach, FL 34957

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,228
    Sq. Ft.
Listed by Taylor Made Group (772) 286-1300
1109 NE Bayside Pl, Jensen Beach, FL 34957 - Photo 1 Price Reduced
-$25,000 (-2.08%)
$1,175,000

1109 NE Bayside Pl  Jensen Beach, FL 34957

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,775
    Sq. Ft.
267 Osprey Preserve Blvd, Jensen Beach, FL 34957 - Photo 1 Price Reduced
-$4,000 (-0.95%)
$415,000

267 Osprey Preserve Blvd  Jensen Beach, FL 34957

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,804
    Sq. Ft.
602 Tahiti Way NE, Jensen Beach, FL 34957 - Photo 1 Price Reduced
-$4,500 (-6.12%)
$69,000

602 Tahiti Way NE  Jensen Beach, FL 34957

  • Mobile Home
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 816
    Sq. Ft.

0 S Ocean Dr., Hutchinson Island, FL 34949 (MLS# B26090444) is a Vacant Land property with a lot size of 20.97 acres. 0 S Ocean Dr. is currently listed for $9,250,000 and was received on October 20, 2026. Want to learn more about 0 S Ocean Dr.? Do you have questions about finding other Vacant Land real estate for sale in Hutchinson Island? You can browse all Hutchinson Island real estate or contact a Coldwell Banker agent to request more information.

Tour this property