<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