<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