Residential Land for Sale in Indian River Shores, Florida

251 S Blue Wave Ln, Indian River Shores, FL 32963

$7,950,000

1.56 acres

Active sale

Est $56,933/mo

Location

Street address: 251 S Blue Wave Ln
County: Indian River County
Community: Ocean Pearl Subdivision
Elevation: 14 feet
Coordinates: 27.739, -80.384

Land for sale in Florida

Property details

Acreage: 1.56 acres
Zoning: RS-6
MLS #: RMLS R11152574
Posted: Jan 8, 20263 months ago

Property taxes

2025: $40,037

Expenses

Homeowner Association Fee: $525 annually

Parcels

31393600019000000006.0

Legal description

OCEAN PEARL SUBDIVISION PBI 13-57 LOT 6 AND A POR OF LOT 7 MORE FULLY DESC AS FOLL COM AT THE NW COR OF LOT 6 SAID POINT

Details and features

Listing

Type: Land
Franchise: None

Lot

View: Ocean
Waterfront: Yes

Listing history

Date	Event	Price	Change	Source
May 5, 2026	New listing	$7,950,000	—	RMLS

Payment calculator

This 1.56-acre property is located at 251 S Blue Wave Ln in Indian River Shores, FL 32963. The property is available for sale for $7,950,000 with a price per acre of $5,096,154.

Listed by The Keyes Company, (305) 371-3592

Checked 1 hour ago — Updated May 5, 2026

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