<ARTICLE>                                                      5
    <LEGEND>
    This schedule contains summary financial information
    extracted from unaudited financial statements for the
    six month period ending June 30, 1995 and is
    qualified in its entirety by reference to such financial
    statements
    </LEGEND>
    <CIK>                                               0000760612
    <NAME>                                  Indian River Citrus Inves
    <MULTIPLIER>                                                   1
    <CURRENCY>                              U.S. Dollars
           
                                                    
    <PERIOD-TYPE>                           6-MOS
    <FISCAL-YEAR-END>                       DEC-31-1995
    <PERIOD-START>                          JAN-01-1995
    <PERIOD-END>                            JUN-30-1995
    <EXCHANGE-RATE>                                          1.00000
    <CASH>                                                 3,852,892
    <SECURITIES>                                                   0
    <RECEIVABLES>                                                  0
    <ALLOWANCES>                                                   0
    <INVENTORY>                                            1,133,733
    <CURRENT-ASSETS>                                          38,120
    <PP&E>                                                24,469,930
    <DEPRECIATION>                                         5,730,652
    <TOTAL-ASSETS>                                        23,791,547
    <CURRENT-LIABILITIES>                                 22,928,277
    <BONDS>                                                        0
    <COMMON>                                                       0
    <PREFERRED-MANDATORY>                                          0
    <PREFERRED>                                                    0
    <OTHER-SE>                                               863,270
    <TOTAL-LIABILITY-AND-EQUITY>                          23,791,547
    <SALES>                                                        0
    <TOTAL-REVENUES>                                       4,083,970
    <CGS>                                                  1,769,115
    <TOTAL-COSTS>                                          1,356,763
    <OTHER-EXPENSES>                                          27,022
    <LOSS-PROVISION>                                               0
    <INTEREST-EXPENSE>                                     1,296,478
    <INCOME-PRETAX>                                         (365,408)
    <INCOME-TAX>                                                   0
    <INCOME-CONTINUING>                                     (365,408)
    <DISCONTINUED>                                                 0
    <EXTRAORDINARY>                                                0
    <CHANGES>                                                      0
    <NET-INCOME>                                            (365,408)
    <EPS-PRIMARY>                                            (21.220)
    <EPS-DILUTED>                                              0.000