Exceptional Oceanfront Development Opportunity on Hutchinson Island A rare and extraordinary opportunity awaits to develop eight premier direct oceanfront estate lots at Pelican Reef, an exclusive enclave boasting approximately 600 feet of spectacular Atlantic shoreline. What truly sets this opportunity apart is the unparalleled clarity of the water—often compared to, and arguably even clearer than, the turquoise blues of the Bahamas. It's an oceanfront unlike any other in Florida. Pelican Reef is a boutique coastal community uniquely nestled between the Atlantic Ocean and a protected natural preserve that extends to the Intracoastal Waterway—offering both seclusion and unobstructed views of Florida's unspoiled beauty. Situated on coveted Hutchinson Island, a pristine barrier island stretching from Sailfish Point to Fort Pierce Beach, this area is renowned for its serene beaches and rich marine life, including sea turtle nesting sites, dolphins, manatees, and stingrays. The surrounding lifestyle is equally exceptional. Enjoy world-class snorkeling and diving at Bathtub Reef and Indian River Lagoon, quick ocean access via the St. Lucie and Fort Pierce inlets, and a vibrant coastal community with beachside bars, fresh seafood dining, boutique shopping, art galleries, fishing charters, and wine tours. With its breathtaking natural surroundings and unmatched beachfront clarity, Pelican Reef offers developers a one-of-a-kind canvas to create a world-class luxury coastal retreat.