0 S Ocean DriveHutchinson Island, FL 34949MLS Number B26090444

  • Price: $9,250,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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0 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 349490 S Ocean Drive Hutchinson Island FL 34949
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  • 20.97Acreage
Ocean to Intracoastal and Shovel-Ready! 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 has been 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 apply 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.
Listing by Serhant

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Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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More Info

Basic Information

  • Possible Use Multi-Family, Single Family

Location

  • Address0 S Ocean Drive
  • Area7010
  • CountySt Lucie
  • StateFL
  • StreetS Ocean Drive
  • SubdivisionPelican Reef
  • TownHutchinson Island
  • Zip34949

Amenities

  • AmenitiesBeach Access
  • Community Features Home Owners Association, Gated
  • Other AmenitiesWaterfront, Water View, Dock
  • Security Features Gated Community

Tax Information

  • Tax Year 2026
  • Taxes$26,837

Property

  • Number Of Lots 8

Utilities

  • Electric Underground
  • Utilities Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Waste Water DisposalPublic Sewer, Storm Sewer

Water Body

  • Water AccessPublic
  • Water FeaturesIntracoastal Access, Ocean Access, Ocean Front, River Access, Shoreline - Sand
  • WaterfrontYes

Other

  • Additional Parcels Description 7 Additional Parcels
  • Association Fee Frequency Monthly
  • Association YN Yes
  • Date Listed10/20/2026
  • Documents Available
    • Aerial
    • Building Plans
    • Environmental Study
    • Other
    • Plat
    • Subdivision Plan
    • Survey
    • Topographical Survey
  • Fees$827
  • Possession Close Of Escrow
  • Special Listing Conditions Standard, Build To Suit, Listed As-Is

Basic Information

  • List Price$9,250,000
  • MLS NumberB26090444
  • Modification Date10/20/2026
  • Property SubTypeUnimproved Land
  • Property TypeLand
  • StatusACT
  • Virtual TourView Tour

Property Information

  • Acreage20.97
  • Current Use Residential, Single Family
  • Frontage Length Remarks 557500
  • Frontage Type Waterfront
  • Lot Features Cleared, Interior Lot, Oversized Lot, Subdivision
  • Lot Size Dimensions 557 x 1600
  • Property Sub Type Additional Unimproved Land
  • Property View DescriptionIntercoastal, Ocean, Preserve
  • Vegetation Brush, Other
  • View YN Yes

Based on information submitted to BeachesMLS as of October 21, 2026 7:45 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial 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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