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3545 NE Indian River Dr 7.07 Acres of Commercial Land Offered at $8,900,000 in Jensen Beach, FL 34957
Investment Highlights
- Downtown Jenson Beach area
- 62-Slip Marina (pase 2)
- Waterfront Site
- 92 Luxury Rental units
- 13,500 SF Commercial
Executive Summary
Riverlight is a landmark mixed-use development on the bay of the Atlantic Ocean in downtown Jensen Beach, Florida - one of the last developable waterfront parcels in a market starved for luxury rental supply. Located within the Community Redevelopment Area (CRA), the project requires no rezoning, is approved as designed, and enjoys full county support with a team that has deep, longstanding relationships with local planning authorities. With 92 luxury residential units, 13,500± SF of commercial space including toptier restaurants, a waterfront food park, resort suites, and a 62-slip marina, Riverlight is more than a development - it is the defining address of Florida’s Treasure Coast. The marina and potential short-term rental program may provide additional optionality beyond the base-case underwriting.
Property Facts
| Price | $8,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 6.33 AC |
| Property Type | Land | ||
| Zoning | CRA - Community Redevelopment Area | ||
| Price | $8,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 6.33 AC |
| Zoning | CRA - Community Redevelopment Area |
1 Lot Available
Lot
| Price | $8,900,000 | Lot Size | 7.07 AC |
| Price Per AC | $1,258,840.17 |
| Price | $8,900,000 |
| Price Per AC | $1,258,840.17 |
| Lot Size | 7.07 AC |
The subject site is truly a rare opportunity: riverfront exposure usually reserved for for-sale condominiums, walking distance to downtown Jensen Beach, and Hutchinson Island beaches are a five minute drive from the Site.
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $4,726,711 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,726,711
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3545 NE Indian River Dr
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