$1,750,000
515 S Indian River Drive
Fort Pierce, FL 34950
MLS# B26006623
5 beds  |  2 baths  |  4154 sqft


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Property Description
Rare waterfront opportunity on Indian River Drive overlooking Fort Pierce Inlet. Set on 1.6 acres, this bed & breakfast/boutique inn with renovations that a near completion includes a ±4,154 SF two-story lodging building with multiple guest rooms and common areas, plus a detached ±1,506 SF studio ideal for an owner or additional accommodations. The property features a dock with direct water access and includes an extra ±0.80-acre parcel for potential expansion (subject to approvals). Minutes from downtown Fort Pierce, with easy access to US1, I-95, and the Turnpike.

Details
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Occupant Type: Call Listing Agent
Listing Date: 2026-03-25
Status: Active
Original List Price: 1850000
List Price: $1,750,000
Current Price: $1,750,000
Listing Service: Full Service
Location and Legal
County Or Parish: St. Lucie
Municipality Type: Unincorporated
Geographic Area: SL01
Special Assessment YN: No
Flood Zone: AE,X
Country: United States
Street Number: 515
Street Direction Prefix: S
Street Name: Indian River
Street Suffix: Drive
State Or Province: FL
Postal Code: 34950
Postal Code +4: 1503
Subdivision Name: ANDREWS & RICHARDS RESUBDIVISION (EAST)
Area: 7110
Parcel Number: 241081000010009
Zoning: Office Co
General Property Information
Living Area Main: 3272
Living Area Source: Other
Accessibility Features YN: No
Gated Community YN: No
Lot Size Area: 69696
Senior Community YN: No
Stories Total: 2
Stories: 2
Fireplace YN: No
Pool Private YN: No
LP/Assessed Value: 1.66
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 4154
Building Area Source: Other
Year Built: 1900
Parking Total: 5
Lot Size Acres: 1.6
Waterfront YN: 1
Direction Faces: East
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Assessed/SOH Value: 1054500
Assessor Market Value: 1054500
Tax Annual Amount: 25838.4
Tax Year: 2025
Tax Legal Description: ANDREWS AND RICHARDS S/D THAT PART OF LOT 1 LYG E OF S 2 ST AND BEG ON E LI OF S 2 ST 8 FT S OF N LI OF LOT 2, RUN NELY 95.70 FT TO N LI, TH
Office/Member Information
DXORIGMLSID: RML
Flooring
Other: 1
Parking Features
Open: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Structure Type
House: 1
Possession
Other: 1
Sewer
Private Sewer: 1
Public Sewer: 1
Septic Tank: 1
Utilities
Other: 1
Heating
Other: 1
Water Access
Ocean Access: 1
Water View
River: 1
Appliances
Other: 1
Construction Materials
Concrete Block - With Stucco: 1
Interior Features
Other: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
Roof
Other: 1
Water Source
Public: 1
Well: 1
Other: 1
Waterfront Features
River Front: 1
Cooling
Other: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Text Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 5
Master Bedroom/Bath
Other: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
See Remarks: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Room Types
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Price Calculations
Current Price To SqFt: 534.84
Acreage Description
1 To Less Than 2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-03-26T15:31:51Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-26T15:31:51Z
Status Change Date: 2026-03-25
Originating Details
Originating System Key: 20260325142648367937000000
Originating System ID: M00000170
Property Features
Flooring: Other
Parking Features: Open
Property Condition: Resale
Special Listing Conditions: Standard
Appliances: Other
Construction Materials: Concrete Block - With Stucco
Cooling: Other
Heating: Other
Interior Features: Other
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; FHA
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Other
Restrictions: See Remarks
Roof: Other
Sewer: Private Sewer; Public Sewer; Septic Tank
Structure Type: House
Tax Information: City/County
Utilities: Other
Water Access: Ocean Access
Water Source: Public; Well; Other
Water View: River
Waterfront Features: River Front
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Text Listing Agent
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: 1 To Less Than 2 Acre Lot
Room Information
Room Name
Kitchen
Living Room
Master Bedroom

IDX
Listing Office: LYNQ Real Estate

Last Updated: April - 20 - 2026

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