HUTCHINSON ISLAND DEVELOPMENT OPPORTUNITY - EXCELLENT POTENTIAL AS VACATION RENTAL SeaHouse Apartments, located at 601 South Ocean Dr, is located directly on coastal State Road A1A in Fort Pierce, FL, across from the Atlantic Coast. This property, currently consisting of 12 units and a half acre of prime coastal land, represents an EXCELLENT investment opportunity in a popular and expanding, growing market. Currently operating as a long term multifamily rental, the property is a mix of concrete block and durable wood-frame construction, and offers ocean views from multiple units, as well as off-street parking and excellent accessibility to the mainland and everything the area has to offer. The lot on which SeaHouse is constructed is zoned for future use as R-4a Medium/High Density Multifamily dwelling units, up to 8 units per acre, positioning it extremely favorably for future development and growth in this area. With the explosion of high end townhomes and condominiums in this area, the lot has massive potential for future construction of luxury residential units. Townhomes are currently under construction next door in the 2-3mm range.