5001 Indrio Rd 10.65 Acres of Residential Land Offered at $3,500,000 in Fort Pierce, FL 34951

10.65 acres of prime residential development land is available for sale in a rapidly expanding coastal market at 5001 Indrio Road in Fort Pierce, Florida. On the corner of Indrio Road and Slash Pine Trail, the site is situated in a safe and attractive area, surrounded by thriving neighborhoods, golf courses, and active development corridors.

Complete development plans are included and prepared for immediate submission to the building department for permitting. The approved concept features a 15-building townhouse community with five units per building, totaling 75 residences that average 1,414 square feet per unit, each with three bedrooms, two and a half bathrooms, and one-car garages. According to the site plan, the development will also deliver a clubhouse and pool area. Project status is shovel-ready, allowing construction to begin promptly upon permit issuance.

Land characteristics include a level lot with no wetlands, minimal tree coverage, a clean title, and no encumbrances, which reduce development risk and timelines. Ownership is open to a joint venture (JV) or limited partnership (LP) structure, providing flexibility for qualified investors or developers. The seller may offer partial financing through a small mortgage for a financially qualified buyer.

Approximately 6 miles from the Fort Pierce City Marina, the Inlet, and multiple beaches, the area offers strong appeal for future residents seeking proximity to waterfront amenities.

Fort Pierce continues to gain recognition as a development-friendly market, benefiting from population growth, infrastructure investment, job creation, and relative affordability compared to South Florida, which creates strong demand for new residential communities.