A 132-acre oceanfront parcel on Hutchinson Island, one of the largest undeveloped tracts on Florida’s Atlantic coast, is listed for sale for $9.9 million.
The land, called Hutchinson Sands, comes with an approved site plan for 92 condominium units. St. Lucie County approved the site plan for condo development in October.
Hutchinson Sands has 930 feet of direct ocean frontage and the parcel extends westward across State Road A1A to the Indian River. It is located four mile south of the Fort Pierce Inlet between two beach parks.
According to broker James P. Brown of Stuart, who has the listing, Hutchinson Sands has an approved site plan for an access road from A1A to ocean uplands and for 231,360 square feet of residential development. A wetlands area along A1A within Hutchison Sands will be preserved.
Approvals and permits from the U.S. Army Corps of Engineers and the Florida Department of Environmental Protection as well as St. Lucie County would give the buyer of Hutchinson Sands “the option to create as many as 92 ultra-luxury condominium units with four living levels over parking, overlooking miles of empty beaches,” Brown said in a prepared statement.