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8624 63rd Ave 4.2 Acres of Commercial Land Offered at $463,431 CAD in Vero Beach, FL 32967
Investment Highlights
- 4.20± acres (182,952± SF) of residential development land
- Allows up to 6 dwelling units per acre
- Comprised of two parcels
- RM-6 (Multiple-Family Residential)
- Potential for approx. 25 residential units
Executive Summary
MULTIFAMILY RESIDENTIAL DEVELOPMENT OPPORTUNITY | 4.20± ACRES | VERO BEACH
Excellent opportunity to acquire 4.20± acres (182,952± SF) of residential development land at 8624 63rd Avenue and 6265 86th Place in Vero Beach, Florida. Zoned RM-6 (Multiple-Family Residential), the property allows a maximum density of up to 6 units per acre, providing the potential for approximately 25 residential units, subject to site plan approval and all county requirements.
The property presents an attractive opportunity for multifamily developers, residential builders, and land investors seeking development-ready zoning in the growing Vero Beach market. RM-6 zoning supports multifamily residential development and provides flexibility for a variety of housing concepts including foster care and other similar facilities as allowed by the city and the state.
Located near established and newer residential communities, the site benefits from convenient access to US Highway 1 and major area thoroughfares, providing connectivity to shopping, schools, employment centers, recreation, and everyday services throughout Indian River County. Vero Beach's barrier island, beaches, dining, and coastal amenities are also within convenient reach.
Excellent opportunity to acquire 4.20± acres (182,952± SF) of residential development land at 8624 63rd Avenue and 6265 86th Place in Vero Beach, Florida. Zoned RM-6 (Multiple-Family Residential), the property allows a maximum density of up to 6 units per acre, providing the potential for approximately 25 residential units, subject to site plan approval and all county requirements.
The property presents an attractive opportunity for multifamily developers, residential builders, and land investors seeking development-ready zoning in the growing Vero Beach market. RM-6 zoning supports multifamily residential development and provides flexibility for a variety of housing concepts including foster care and other similar facilities as allowed by the city and the state.
Located near established and newer residential communities, the site benefits from convenient access to US Highway 1 and major area thoroughfares, providing connectivity to shopping, schools, employment centers, recreation, and everyday services throughout Indian River County. Vero Beach's barrier island, beaches, dining, and coastal amenities are also within convenient reach.
Property Facts
| Price | $463,431 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 4.20 AC |
| Zoning | RM-6 V Res-Multi-family - RM-6 V Res-Multi-family Zoned | ||
| Price | $463,431 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.20 AC |
| Zoning | RM-6 V Res-Multi-family - RM-6 V Res-Multi-family Zoned |
1 Lot Available
Lot
| Price | $463,431 CAD | Lot Size | 4.20 AC |
| Price Per AC | $110,340.80 CAD |
| Price | $463,431 CAD |
| Price Per AC | $110,340.80 CAD |
| Lot Size | 4.20 AC |
MULTIFAMILY RESIDENTIAL DEVELOPMENT OPPORTUNITY | 4.20± ACRES | VERO BEACH | 2 FOLIOS
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Contacts
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Joe Pelayo -
Hannah McClure -
Carolyn Niemczyk -
Lloret De Mar Pelayo -
Total Real Estate Consultants Inc
1 of 2
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8624 63rd Ave
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