Rare Waterfront Hospitality Property
515 S Indian River Dr, Fort Pierce, FL 34950
Presenting a rare opportunity to acquire a distinctive waterfront property along scenic Indian River Drive overlooking the Fort Pierce Inlet. Situated on 1.6 acres, this unique property is near comletion in renovations as a bed and breakfast, offering an opportunity for a hospitality operator in one of the Treasure Coast’s most scenic coastal corridors.
The property features a two-story freestanding building totaling ±4,154 SF, designed and configured for lodging use, with multiple guest rooms, common areas, and amenities consistent with a boutique hospitality concept. Complementing the main structure is a detached ±1,506 SF studio apartment located toward the rear of the property, ideal for an owner/operator residence, onsite management, or additional guest accommodations.
The property extends directly to the Fort Pierce Inlet, complete with an established dock and direct water access.
Adding further value, an additional ±0.80 acre vacant parcel located just north of the main property provides room for potential future development, such as additional guest cottages, expansion of the lodging use, event space, or a complementary hospitality concept, subject to approvals.
The property is located just minutes from the Downtown Fort Pierce Historic District, known for its waterfront dining, marina, boutique shops, and year-round events and tourism activity. The site also offers convenient regional access via US-1 in Florida, with quick connectivity to I-95 and Florida's Turnpike, making it easily accessible for visitors traveling from across the Treasure Coast and South Florida.
Key features
- Established dock with direct water access
- Room for additional development
- Close proximity to historic Downtown Ft. Pierce
- Quick access to major roadways
Reach out to the broker for more info on lease terms and amenities
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Contacts
Commercial Real Estate LLC
Building Details
- For Sale $1,750,000
- Property Type Hotel / Motel
- Property Size 5,660 SF
- Lot Size 1.6 Acre
- # of Floors 2
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1900
- Year Renovated 2010
- Date Updated Apr 21, 2026
Attachments
Getting Around
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Walk Score ®
Somewhat Walkable (54) -
Bike Score ®
Bikeable (63)
Location
- City Fort Pierce, FL
- Neighborhood Indian Hills
- Zip Code 34950
Points of Interest
BP
0.64 miles
Mobil
1.19 miles
Shell
1.97 miles
Sunoco
2.29 miles
7-Eleven
2.73 miles
Fort Pierce Supercharger
4.10 miles
Tesla Supercharger
4.77 miles
Coral Beach Parking
2.20 miles
East Temporary Student Overflow Parking
2.43 miles
North East Student Parking Lot - (L,N,R,S,T)
2.46 miles
North Reserved Parking - (Employees Only)
2.49 miles
Visitor Parking
2.54 miles
East Central Parking Lot - (N,P,PT,P5,Q,C)
2.55 miles
South East Parking Lot - (C,P5,Q)
2.57 miles
North West Student Parking - (A,B,E,F,J,KSU,W)
2.65 miles
NW Central Student Parking - (B,E,FSU,J,KSU,O,W)
2.68 miles
Blue Beacon
4.69 miles
Wasabi Thai Sushi
0.33 miles
Cobb's Landing
0.45 miles
Crabby's Dockside Ft. Pierce
0.49 miles
Peking Chinese Restaurant
0.58 miles
Pueblo Viejo
0.67 miles
Jimmy John's
0.70 miles
Popeyes
0.78 miles
McDonald's
0.85 miles
The captain's Galley
0.90 miles
Publix
1.44 miles
Walmart Supercenter
3.74 miles
Winn-Dixie
4.71 miles
Bealls Outlet
7.18 miles
Walmart Neighborhood Market
9.48 miles
Fort Pierce Police Department
0.48 miles
Station #15 Downtown Fort Pierce
0.79 miles
Walgreens
0.84 miles
Lawnwood Regional Medical Center and Heart Institute
1.57 miles
Station #2 South Beach
1.78 miles
Station #1 Central Station Fort Pierce
1.87 miles
CVS Pharmacy
2.07 miles
Florida Highway Patrol Troop L
3.15 miles
Airport Road Fire / Rescue Station 4
3.94 miles
515 S Indian River Dr Listing Summary
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What is the asking price at Rare Waterfront Hospitality Property?
Rare Waterfront Hospitality Property is currently listed for sale at Contact for pricing.
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What is the total size of Rare Waterfront Hospitality Property?
Rare Waterfront Hospitality Property has a total of 5,660 square feet.
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What is the year built for Rare Waterfront Hospitality Property?
The year built for Rare Waterfront Hospitality Property is 1900.
Commercial Real Estate LLC