Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Fully approved for 12 condominium units within Somerset Bay’s master-planned community.
  • Exclusive dedicated easement for Atlantic Ocean access, plus day dock rights on the Intracoastal.
  • Comprehensive architectural and engineering plans updated to 2023 Florida Building Code.
  • All construction drawings include building architecture, MEP, structural and landscape details.

Executive Summary

An exceptional opportunity awaits developers in the vibrant Vero Beach market. This 0.88-acre parcel is fully entitled for a high-end condominium project approved under the Somerset Bay development plan. The offering includes design provisions for two six-unit buildings, accommodating a total of 12 residential units, each with an anticipated 3,280 square feet of conditioned living area. Complete architectural, structural, civil, and landscape drawings have been finalized and meet the rigorous 2023 Florida Building Code requirements. All safety egress elements are embedded within the design, enabling streamlined construction timelines.
Positioned between the Indian River and the Atlantic Ocean, the property offers both tranquil inland waterway vistas and close proximity to the beach. A dedicated beach easement to the Atlantic and secure rights to a day dock on the Intracoastal add lifestyle value that distinguishes this site from standard ocean-adjacent parcels. Accessibility to key corridors such as Highway A1A enhances connectivity while preserving the coastal character. For investors or developers seeking a rare, shovel-ready luxury residential project, this listing combines prime location, approved entitlements, and architectural excellence to drive swift execution and premium market appeal.

Attachments

Marketing Flyer

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.88 AC
Zoning RM-6 - Residential

1 Lot Available

Lot

Lot Size 0.88 AC

The property consists of ±0.88 acres located between the Indian River and the Atlantic Ocean along Highway A1A in Vero Beach, Florida

Description

The subject property consists of approximately 0.88 acres located along Highway A1A in Vero Beach, Florida. It is situated between the Indian River and the Atlantic Ocean within proximity to residential communities such as Somerset Bay. The site has approved plans for two condominiums totaling 12 units. Architectural and engineering drawings are complete and updated to the latest state building codes. Access rights include an ocean easement near Disney’s beachfront and dock easement on the Intracoastal Waterway. The property is accessible via Highway A1A and is positioned in an established coastal corridor.

Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
31-39-26-00039-0000-00000.8
Land Assessment
$733,115
Improvements Assessment
$0
Total Assessment
$733,115
  • Listing ID: 39214167

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 9061-9067 Jimmy Buffett Mem hwy, Vero Beach, FL 32963

Contact the Sale Advisor

9061-9067 Jimmy Buffett Mem hwy

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}