1038 37th S Street, Fort Pierce, FL 34947

$599,000 · For sale · Unimproved Land

Listing courtesy of Illustrated Properties/Sewalls, jwhite@ipre.com · MLS# R11165411

Listed Feb 23, 2026 · Updated Oct 29, 11:06 AM ET

home in Metes And Bounds, Fort Pierce, FL. No HOA. Schools in the MLS listing: Weatherbee (elementary), Dan Mccarty (middle), Fort Pierce Westwood Academy (high). On the market since Feb 23, 2026 (262 days).

About this home

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.

Facts

MLS#

R11165411

Status

Active

Days on market

262

Home type

Unimproved Land

Lot

5.28 ac

HOA

None

Waterfront

No

Taxes

$7,955 (2025)

Subdivision

Metes And Bounds

Features

Interior

Property

Water

Public, Well

Subdivision

Metes And Bounds

Listing

Listed

February 20, 2026

Financing accepted

Cash, Conventional

Tour this home

Brent Sharp, broker and owner of Sharp Real Estate Group LLC, can show you this home and tell you what it is likely worth before you offer. Call or text (772) 272-9571.

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