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4355 38th Avenue

Vero Beach, FL 32967
  • $1,850,000
  • STATUS: Active
  • ON SITE: 194 Days
  • ID#: RX-10893233
UPDATED: 69 min ago
$1,850,000
  • 0
    BEDS
  • 6.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Introducing an exceptional opportunity for multifamily residential development in an enviable location. This prime property boasts an unbeatable location just minutes away from beach access and offers unparalleled convenience being in close proximity to the airport. With its coveted zoning of RM-10, this parcel presents a range of possibilities for developers seeking to create a thriving community.The potential for this property is truly impressive, with the current entitlements allowing for the construction of 66 townhomes or condominiums. However, it's worth noting that there may be room for flexibility, as the property could potentially be subject to re-zoning, opening doors for alternative uses such as affordable housing to meet the demands of the local market.

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www.keriannworley.com/homes/139994127
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4355 38th Avenue Vero Beach, FL 32967

  • Price: $1,850,000
  • Status: Active
  • On Site: 194 Days
  • Updated: 69 min ago
  • ID#: RX-10893233
0
Beds
0
Baths
0
½ Baths
6.68
Acres
Neighborhood:
North Central Vero Beach.
County:
Indian River
Area:
Vero Beach
Elementary School:
Dodgertown Elementary School
Middle School:
Gifford Middle School
High School:
Vero Beach High School
Property Description
Introducing an exceptional opportunity for multifamily residential development in an enviable location. This prime property boasts an unbeatable location just minutes away from beach access and offers unparalleled convenience being in close proximity to the airport. With its coveted zoning of RM-10, this parcel presents a range of possibilities for developers seeking to create a thriving community.The potential for this property is truly impressive, with the current entitlements allowing for the construction of 66 townhomes or condominiums. However, it's worth noting that there may be room for flexibility, as the property could potentially be subject to re-zoning, opening doors for alternative uses such as affordable housing to meet the demands of the local market.
Exterior Features

Front Exposure East Ground Cover Brush Improvements None Lot Depth 600.00 Lot Description 5 to 10 AcresPublic RoadTreed LotWest of US-1 Lot Dimensions 440 x 600 Lot Frontage 440.00 Roads Paved Trees Other View LagoonPond Waterfront YN No

Property Features

Auction No Available Docs Aerial Development Name Future Residential Development Status Undeveloped Homeowners Association None Land Type Commercial Land List Office Board Code Realtor Association of the Palm Beaches (RAPB) Location City Miscellaneous Clearing Required REO No Short Sale No Short Sale Addendum No Short Sale AU N/A Special Assessment No Special Info Corporate Owned Style Multi-Family Med DenSingle Family Tax Amount 2017.79 Tax Year 2022 Terms Considered CashConventional Usage Unimproved Multi-FamUnimproved Sing Fami Utilities Available CableElectricMunicipal SewerNonePublic Water Utilities On Site None Zoning RM-10

Listing provided courtesy of Exp Realty Llc: . Listing information © 2023 BeachesMLS
 
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Keriann Worley, Broker Associate at Douglas Elliman Real Estate
444 East Palmetto Park Rd
Boca Raton FL, 33432