Active

$336,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRO6436195
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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 an 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 IRC River County. Vero Beach's barrier island, beaches, dining, and coastal amenities are also within convenient reach.
Financial Considerations
Price:
$336,000
HOA Fee:
N/A
Tax Amount:
$1751.51
Price per SqFt:
$1.84
Tax Legal Description:
BEG AT NE COR OF SE 1/4 OF SW 1/4; TH W 335.32 FT; TH N 186.8 FT; TH W 335.62 FT ; TH S 76.92 FT; TH E 130 FT; TH S 110 FT; TH E 20 FT; TH S 225 FT; TH W 150 FT; TH S 111.8 FT; TH E 300 FT; TH S 150 FT ; TH W 300 FT; TH S 36 FT; TH E 225 FT; TH S 150 FT; TH E 233.76 FT; TH N 210 FT; TH E 210 FT MORE/LESS TO E LINE OF SE1 /4 OF SW1/4, TH N ALONG SAID E LINE TO POB LESS FOLL DESC PARC: COM AT NE COR OF SE1/4 OF SW1/4; TH W 500.65 FT;TH S 32 FT TO POB: TH CONT S 304.8 FT; TH E 280 FT; TH N 304.68 FT; TH W TO POB & ALSO LESS FOLL DESC PCL; COM AT NE COR OF SE 1/4 OF SW 1/4 OF SEC 29-31-39; RUN W 335.32 FT TO POB; TH RUN N 186.8 FT; TH RUN W 335.62 FT; TH S 76.92 FT; TH RUN E 130.0 0 FT; TH RUN S 110.0 FT; TH RUN E TO POB; LESS & EXCEPT THE PROPOSED 150 FT BY 111.8 FT PCL ON THE W PROPERTY LINE (OR B K 1371 PP 2602)
Exterior Features
Lot Size:
182952
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    8624 63RD AVE
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