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  1. Commercial Properties
  2. FL
  3. Fort Pierce
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For Sale

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
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Chris Belland

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

  • Property Brochure (PDF) opens in new window

Getting Around

  • Walk Score ®

    Somewhat Walkable (54)
  • Bike Score ®

    Bikeable (63)
Powered by Walk Score ®

Location

  • City Fort Pierce, FL
  • Neighborhood Indian Hills
  • Zip Code 34950
  • Map
  • Street

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

  • What is the asking price at Rare Waterfront Hospitality Property?

    Rare Waterfront Hospitality Property is currently listed for sale at Contact for pricing.

  • What is the total size of Rare Waterfront Hospitality Property?

    Rare Waterfront Hospitality Property has a total of 5,660 square feet.

  • What is the year built for Rare Waterfront Hospitality Property?

    The year built for Rare Waterfront Hospitality Property is 1900.

Contact Listing Broker
broker
Chris Belland

Commercial Real Estate LLC

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