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0 S Ocean Dr., Hutchinson Island, FL 34949

$9,250,000
  • 0 S Ocean Dr., Hutchinson Island, FL 34949 Main Photo

23 Photos

New to the Market Active
LOT SIZE 20.970 acres MLS#B26090444
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONPelican Reef

Property Description

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.

0 S Ocean Dr. | MLS# B26090444

This land located at 0 S Ocean Dr., Hutchinson Island, FL 34949 is currently listed for sale with an asking price of $9,250,000. The property has approximately 20.97 Acres. Search Hutchinson Island real estate on bradfielding.realtymark.net today.

Property Features

Property Type: Land - Residential
Lot Size: 20.97 Acres
Taxes: $26,837

Feature Descriptions

Association: Pelican Reef
Association Amenities: None
Association Fee Includes: Common Real Estate Tax
Fencing: None
HOA Fee: $827/ Monthly
Lot: Interior Lot, Cleared, Build to Suit, Filled, Onsite Water Retention, Storm Sewer(s), Oversized Lot
Lot: Interior Lot, Cleared, Build to Suit, Filled, Onsite Water Retention, Storm Sewer(s), Oversized Lot
Lot Dimensions: 557 x 1600
Parcel#: 253280500010008
Sewer: Public Sewer
Special View Info: Preserve, Direct Ocean, Intracoastal, Ocean
Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
Water: Public
Water Frontage: 557500
Waterfront Features: Ocean Access, River Access, Directly on Sand, Intracoastal, Ocean Front

Listed By / Shown By

Listed By

Agency Name: Serhant
Agency Phone: 561-203-2762

Shown By

Agent Name: Brad Fielding
Agent Phone: Primary: (888) 260-0040
Agency Title: RealtyMark

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Estimated Payment

$ 25,520.82 per month $20,586.49 Principal & Interest $2,236.42 Property Tax $2,697.92 Homeowner's Insurance

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