<ARTICLE>                                                      5
    <LEGEND>
    This schedule contains summary financial information
    extracted from audited financial statements for the
    year ending December 31, 1994 and is qualified
    in its entirety by reference to such financial statements
    </LEGEND>
    <CIK>                 0000760612
    <NAME>   Indian River Citrus Investors Limited Partnership
    <MULTIPLIER>                                                   1
    <CURRENCY>                                          U.S. DOLLARS
           
                                                  
    <PERIOD-TYPE>                                    12-MOS
    <FISCAL-YEAR-END>                                    DEC-31-1994
    <PERIOD-START>                                       JAN-01-1994
    <PERIOD-END>                                         DEC-31-1994
    <EXCHANGE-RATE>                                          1.00000
    <CASH>                                                 1,601,325
    <SECURITIES>                                           1,523,303
    <RECEIVABLES>                                             99,102
    <ALLOWANCES>                                                   0
    <INVENTORY>                                            1,769,116
    <CURRENT-ASSETS>                                          99,113
    <PP&E>                                                24,457,577
    <DEPRECIATION>                                         5,393,170
    <TOTAL-ASSETS>                                        24,156,366
    <CURRENT-LIABILITIES>                                  1,310,828
    <BONDS>                                               21,616,860
    <COMMON>                                                       0
    <PREFERRED-MANDATORY>                                          0
    <PREFERRED>                                                    0
    <OTHER-SE>                                             1,228,678
    <TOTAL-LIABILITY-AND-EQUITY>                          24,156,366
    <SALES>                                                        0
    <TOTAL-REVENUES>                                       5,149,143
    <CGS>                                                  2,225,083
    <TOTAL-COSTS>                                          1,939,514
    <OTHER-EXPENSES>                                          55,138
    <LOSS-PROVISION>                                               0
    <INTEREST-EXPENSE>                                     2,214,165
    <INCOME-PRETAX>                                       (1,284,757)
    <INCOME-TAX>                                                   0
    <INCOME-CONTINUING>                                   (1,284,757)
    <DISCONTINUED>                                                 0
    <EXTRAORDINARY>                                                0
    <CHANGES>                                                      0
    <NET-INCOME>                                          (1,284,757)
    <EPS-PRIMARY>                                            (74.600)
    <EPS-DILUTED>                                              0.000