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12th Street St
Vero Beach, FL 32966
 52 Acre Land Site - Vero Beach, FL · Land For Sale · 51.84 AC

Residential Land & Home Lots Florida Vero Beach 12th Street St, Vero Beach, FL 32966

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INVESTMENT HIGHLIGHTS

  • 51.84 Acre Land Site
  • Future Land use is Medium Density Residential-1 (M-1)
  • Recently Rezoned to RM-6

EXECUTIVE SUMMARY

This attractive 51.84-acre land site is situated in the highly desirable city of Vero Beach, Florida. Sitting minutes from the Atlantic Ocean, this prime opportunity represents the epitome of coastal living. Known for its natural beauty and vibrant community lifestyle, Vero Beach offers an exceptional setting for real estate investment. The site is also well-situated for travel to local demand drivers and major space coast employers.
The site has recently been rezoned to RM-6, Multiple-Family Residential District. Future Land Use is Medium Density Residential (M-1) in Indian River County. With a capacity of 6 units per gross acre, or a total of 311 units, this zoning provides flexibility for a multifamily, townhome, build-to-rent, or single family residential community.

PROPERTY FACTS Under Contract

Sale Type Investment Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Single Family Development
No. Lots 1 Total Lot Size 51.84 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Residential
Zoning RM-6 - The site has recently been rezoned to RM-6, Multiple-Family Residential District. Future Land Use is Medium Density Residential (M-1) in Indian River.
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 51.84 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning RM-6 - The site has recently been rezoned to RM-6, Multiple-Family Residential District. Future Land Use is Medium Density Residential (M-1) in Indian River.

1 LOT AVAILABLE

Lot

Lot Size 51.84 AC
Lot Size 51.84 AC

This attractive 51.84-acre land site is situated in the highly desirable city of Vero Beach, Florida. The site has recently been rezoned to RM-6, Multi-Family Residential District. Future Land Use is Medium Density Residential-1 (M-1) in Indian River

PROPERTY TAXES

Parcel Number 33-38-10-00001-0040-00001.0 Improvements Assessment $0
Land Assessment $2,387,688 Total Assessment $2,387,688

PROPERTY TAXES

Parcel Number
33-38-10-00001-0040-00001.0
Land Assessment
$2,387,688
Improvements Assessment
$0
Total Assessment
$2,387,688
 

  • Listing ID: 32044941

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 12th Street St, Vero Beach, FL 32966

More public record information on 12th Street St, Vero Beach, FL 32966

The Land Property at 12th Street St, Vero Beach, FL 32966 is currently available for Sale. Contact Berkadia Real Estate Advisors for more information.

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