This Land Property is no longer advertised on LoopNet.com.

850 5th Pl
Vero Beach, FL 32962
Caroline Ridge · Land For Sale · 15.00 AC

Investment Highlights

  • Prior discussion indicates the highest and best use is single-family housing ~40 lots
  • Water and sewer tap locations would be on the Eastern portion of the site
  • The access road proposed on the NE corner over county land would be a privately owned and maintained roadway within the easement
  • The raw land parcel is positioned close to essential amenities and is poised for development

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 15.00 AC
Zoning RS-6 - Single Family Residential

Description

The parcel is located in Indian River County, Florida, between Oslo Road and 4th Street. The site is accessible via Old Dixie Hwy and 3rd Street SW to the North and 5th Street SW to the South. Nestled in the burgeoning city of Vero Beach, this area has been experiencing a steady rise in residential demand, driven by its appealing blend of urban convenience and coastal charm. The land is positioned close to essential amenities such as schools, shopping centers, healthcare facilities, and recreational venues, promising future residents a convenient and easy lifestyle. The property enjoys excellent connectivity with major roads and highways, ensuring easy commutes for future residents. It is a short drive from the heart of Vero Beach, enhancing the land parcel's attractiveness for families seeking a suburban lifestyle within easy reach of urban amenities. Surrounded by an array of established neighborhoods, this raw land parcel offers a tranquil setting for a new residential community. Future residents will appreciate the blend of peace and privacy offered by this location and the convenience of being just minutes away from the bustling city center.

Property Taxes

Property Taxes

Parcel Number
33-39-24-00000-3000-00002.0
Land Assessment
$545,063
Improvements Assessment
$0
Total Assessment
$545,063
  • Listing ID: 25475349

  • Date on Market: 4/14/2022

  • Last Updated:

  • Address: 850 5th Pl, Vero Beach, FL 32962

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