Sold Aug 10, 2026
$4,650,000About this home
Oceanfront Development Opportunity - Prime Hutchinson Island Beachfront location. This rare offering features 159 feet of direct ocean frontage, perfectly suited for an exceptional oceanfront development. The property is currently deeded as two lots, with flexible build-out options: Up to 3 homes on 53' x 225' lots, or Up to 4 homes on 39' x 225' lots. All underground utilities are already in place, including fiber optic service. The site is located within the St. Lucie County Erosion Control Zone with a beach renourishment plan in effect, and both lots are grandfathered beyond current setback lines. Additional features include: *Private beach access on both lots *Palm Lined A1A frontage with two curbed driveways and storm drains Taxes listed are for both properties
Listing last checked: Listing updated:
Listed by James Eugene Tippmann · Equity Florida Treasure Coast LLC · MLS #B26032815
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities5 property facts
- Lot size
- 0.43 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- HI Medium
Financial2 property facts
- Annual taxes
- $4,215
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $5,000,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$25,634 / monthAdjust
- Principal & interest
- $25,283
- Property tax
- $351
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,215. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Comparable properties 2 supplied
Sold Jul 30, 2026
$5,000,0008600 Surrey Lane
Explore more of Hutchinson Island
Continue your search in Hutchinson Island.
Need help making sense of this home?
About 702-708 S Ocean Drive
Can I request a private showing?
Request a tour of 702-708 S Ocean Drive and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.