4355 38th AVE, Vero Beach, FL 32967
4355 38th AVE, Vero Beach, FL 32967
4355 38th AVE, Vero Beach, FL 32967
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Alan Brandfon

Alan Brandfon

+1(561) 212-8808
$1,100,000
Est. payment /mo
6.68 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision North Central Vero Beach.

MLS Listing ID R11142752

HOA Y/N No

Annual Tax Amount $2,557

Tax Year 2025

Lot Size 6.680 Acres

Acres 6.68

Property Sub-Type Unimproved Land

Property Description

APPROVED - 79 DOORS AFFORDABLE HOUSING DEVELOPMENT! Introducing an exceptional opportunity for multifamily residential development in an enviable location. This prime property boasts an unbeatable location just minutes away from beach access and offers unparalleled convenience being in close proximity to the airport. With its coveted zoning of RM-10, this parcel presents a range of possibilities for developers seeking to create a thriving community.The potential for this property is truly impressive, with the current entitlements allowing for the construction of 66 townhomes or condominiums with an additional grant allowing for up to 79 doors for affordable housing development. Water and sewer services are readily available through the city, ensuring a smooth transition for the implementation of utilities. While the existing internal roads may require development, the presence of perimeter roads adds convenience and accessibility to the site.
For developers looking to streamline the due diligence process, this property comes fully entitled for the proposed use of multifamily residential development. This eliminates potential hurdles and accelerates the timeline for construction, providing a valuable head start.
In summary, this property presents an excellent location for multifamily residential development. With its proximity to the beach, convenient access to the airport, and the potential for re-zoning or affordable housing options, it is a compelling opportunity for developers seeking a prosperous venture. Don't miss out on the chance to shape a vibrant community in this highly sought-after area!

Location

State FL

County Indian River

Area 5940 - Other Florida County

Zoning RM-10

Direction East

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, None, Sewer Available, Water Available

View Y/N Yes

Water Access Desc Public

View Lagoon, Pond

Present Use Commercial,Multi-Family,Single Family,Unimproved

Street Surface Paved

Road Frontage Public Road

Building

Lot Description 5-10 Acres, City Lot, Many Trees

Faces East

Sewer Public Sewer

Water Public

Schools

Elementary Schools Dodgertown

Middle Schools Gifford

High Schools Vero Beach

Others

Tax ID 32392700000300000018.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Corporate Listing

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BeachesMLS, Inc. (FLR) IDX
Listed by Christian Rockwell LoKation

Nearby School & Business

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Alan Brandfon

Alan Brandfon

+1(561) 212-8808

REALTOR® | License ID: 3261084

REALTOR® License ID: 3261084

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