<ARTICLE>                                                      5
    <LEGEND>
    This schedule contains summary financial information
    extracted from unaudited financial statements for the
    three month period ending March 31, 1996 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>                           3-MOS
    <FISCAL-YEAR-END>                       DEC-31-1996
    <PERIOD-START>                          JAN-01-1996
    <PERIOD-END>                            MAR-31-1996
    <EXCHANGE-RATE>                                                1
    <CASH>                                                   2977366      
    <SECURITIES>                                                   0
    <RECEIVABLES>                                             365383
    <ALLOWANCES>                                                   0
    <INVENTORY>                                              1868608
    <CURRENT-ASSETS>                                         5255363
    <PP&E>                                                  24469930
    <DEPRECIATION>                                           6235836
    <TOTAL-ASSETS>                                          23489457
    <CURRENT-LIABILITIES>                                   24624815
    <BONDS>                                                        0
    <COMMON>                                                       0
    <PREFERRED-MANDATORY>                                          0
    <PREFERRED>                                                    0
    <OTHER-SE>                                              (1135358) 
    <TOTAL-LIABILITY-AND-EQUITY>                            23489457
    <SALES>                                                   707598
    <TOTAL-REVENUES>                                          736517
    <CGS>                                                     257840
    <TOTAL-COSTS>                                             618329
    <OTHER-EXPENSES>                                            4692 
    <LOSS-PROVISION>                                               0
    <INTEREST-EXPENSE>                                        697113
    <INCOME-PRETAX>                                          (583617) 
    <INCOME-TAX>                                                   0
    <INCOME-CONTINUING>                                      (583617) 
    <DISCONTINUED>                                                 0
    <EXTRAORDINARY>                                                0
    <CHANGES>                                                      0
    <NET-INCOME>                                             (583617) 
    <EPS-PRIMARY>                                             (33.89) 
    <EPS-DILUTED>                                              00.00