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7355 US Highway 1 4.29 Acres of Residential Land in Vero Beach, FL 32967
Investment Highlights
- 637' of frontage along US Hwy 1
- The only public approval required is Major Site Plan approval (which includes the Administrative Use permit) through Indian River County.
- third-party studies identify no wetlands, no observed protected species, favorable sandy soils with rapid drainage, and a minimal-hazard flood zone
Executive Summary
Commercial Limited (CL) zoning, under which residential multifamily is an Administrative Permit Use, and this stretch of the US-1
corridor is flanked by established residential communities. The only public approval required is Major Site Plan approval —
which includes the Administrative Use permit — through Indian River County. All other approvals are administrative.
During the inspection period, Buyer and Seller will mutually agree upon a conceptual site plan; the Seller will then pursue that
approval through Indian River County. Terms are negotiable.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 4.29 AC |
| Zoning | (CL) - Commercial Light - Owner is willing to allow time to secure approvals for residential uses allowed by Indian River County | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Commercial |
| Total Lot Size | 4.29 AC |
| Zoning | (CL) - Commercial Light - Owner is willing to allow time to secure approvals for residential uses allowed by Indian River County |
1 Lot Available
Lot
| Lot Size | 4.29 AC |
| Lot Size | 4.29 AC |
The site contains ±4.201 acres (182,992 SF) — Indian River County Parcel: 32390300000300000019.1 approximately 637 feet of direct frontage on US Highway 1, ±513 feet of depth along 39th Avenue, and additional frontage on 73rd Street.
Description
The subject property at 7355 US Highway 1, Vero Beach, FL 32967, represents an exceptional opportunity to acquire a strategically located ±4.2-acre infill site surrounded by established and expanding residential neighborhoods — including Oak Island, Copelands Landing and Orchid Landing. Given the county's sustained in-migration, a persistently undersupplied for-sale housing market, and the site's position minutes from major employers, schools, beaches and daily-needs retail, the highest and best use is a residential development — ideally suited for townhomes, villas, duplexes, or a boutique garden-apartment community of approximately 25–42 units (illustrative; subject to approvals). The existing Commercial/Industrial (C/I) future land use designation and Commercial Limited (CL) zoning also support numerous commercial uses,
