$599,000
 $3,216 est/mo Sourced by Back At You

1038 37th S Street,Fort Pierce, FL 34947

Fort Pierce, FL 34947

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Description

Prime 5.28± acre infill development opportunity in the City of Fort Pierce, positioned for multifamily or rental housing with Residential Low-Density (RL) Future Land Use supporting approximately 31 units. Current E-3 zoning allows ~15 units by right, creating a compelling rezoning pathway to align with FLU and maximize density. Centrally located near major employment hubs including Lawnwood Regional Medical Center and Indian River State College, the site is well-situated for workforce housing, townhome development, or build-to-rent communities. READ MORE BELOW. Fort Pierce is undergoing significant transformation driven by major public and private investment. The planned King's Landing mixed-use redevelopment is a $155M project that will introduce hospitality, residential, retail, and dining along the waterfront, reinforcing downtown as a regional destination. Ongoing Downtown and Marina Square revitalization efforts continue to enhance connectivity, public spaces, and waterfront activation. The proposed Koa Bay surf park and lifestyle development is a $650M project expected to deliver a large-scale mixed-use environment featuring residential, hospitality, and recreation, further elevating the city's profile as a tourism and lifestyle hub. In addition to destination projects, Fort Pierce's economic base continues to expand with the Derecktor Fort Pierce superyacht refit facility at the Port, establishing the area as a premier marine service hub and generating sustained demand for workforce and rental housing. Proximity to major employment centers including Lawnwood Regional Medical Center and Indian River State College further strengthens long-term housing demand fundamentals. Strategically positioned near major corridors with convenient access to Downtown Fort Pierce, the waterfront, and regional transportation routes, this parcel offers developers the opportunity to capitalize on a growing market supported by infrastructure investment, job creation, and destination-driven growth.

Details

MLS #R11165411
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site200
Listing Provided ByIllustrated Properties/Sewalls | Cameron Post

Features

ZoningE3
Acreage5.28

Exterior

Lot FeaturesFive To Ten Acres, City Lot, Rural Lot

Taxes

Tax Annual Amount7954.93

Area Information

StateFL
CountySt Lucie
CityFort Pierce
Zip Code34947
Area7060
Community NameMETES AND BOUNDS
Listing VS Median (in METES AND BOUNDS)
Price:
$599,000
low | high
Med:
$525,000
62.353923205342% of Average
On site:
200
low | high
Med:
1
100% of Average
Sourced by Back At You

Market Activity 34947

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Learn More About This Property

StateFL
CountySt Lucie
CityFort Pierce
Zip Code34947
Area7060
Community NameMETES AND BOUNDS
Listing VS Median (in METES AND BOUNDS)
Price:
$599,000
low | high
Med:
$525,000
62.353923205342% of Average
On site:
200
low | high
Med:
1
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $449K - $748K
sqft: 0 - 0
Listing Updated: June 12, 2026 at 9:46:12 AM PDT
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