515 S Indian River Drive

Fort Pierce, FL 34950

$1,750,000

$535/ft²

6Beds

6Baths

3,272Sq ft

1900Year built

Single-family homeType

About this home

Rare waterfront opportunity on Indian River Drive overlooking Fort Pierce Inlet. Set on 1.6 acres, this property 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.

Features

Waterfront

Property details

Listing

MLS #: B26006623
Status: For sale
Listed on: Mar 25, 2026
Days on market: 137 days
Listing data updated: May 31, 2026

Interior

Beds: 6
Baths: 6
Living area: 3,272 ft²
Price per ft²: $535/ft²

Building & community

Type: Single-family home
Year built: 1900
County: St Lucie

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $8,849
Property taxes (est.): $1,604
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$11,053*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?