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3780 Indian River Boulevard, Vero Beach FL 32960

Commercial Recently Sold
$1,950,000

BTC: 22.88732394

ETH: 735.84905660

Sold on: 2022-03-15
76 days
Waterfront
0 room(s)

Overview

Developers - Investors ..SEIZE this incredible DEVELOPMENT OPPORTUNITY in Florida !!! Owner did the leg work for you ... SITE PLAN APPROVED for IMMEDIATE INFRASTRUCTURE DEVELOPMENT of 59 spacious 2 /2 garden-style , 3 building park-like setting apartments surrounded by Palm trees in a 3 story format . West-facing units will enjoy magnificent sunsets over the beautiful manmade lake, and to the East the natural preserve and Indian River.. Destined to enjoy ''country/ beach/ city ''style living . Infrastructure PLANS are drawn and READY FOR MEP There could be a possibility of a zoning change for an additional 14 units +/- 3.5 mile to the desirable Vero Beach , restaurants , shopping. +/- 5 minutes to major Medical centers and Hospitals - +/- 6 min drive to Vero Beach AIRPO

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
7.63 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$924,499
$65K – $2.7M
Confidence Low
List vs. estimate
$1.6M above estimate
List $2,500,000 · +170.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,491
2020
View
Lake, Lake View
Waterfront
Pond
All facts and features
  • Lot

    • Lot: 7.63 Acres

    Other Property Information

    • Parcel Number: 323925000007000000021

    • Zoning: RM-8

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Electricity Connected

    • No Utilities

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • None

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $3,491

  • Source details

    • MLS ID: R10748682

    Other facts

    • Lot Features: City Location / 5 To Less Than 10 Acre Lot / Cleared Land / Cleared / Filled / Street Lights

    • Direction Faces: West

    • Waterfront: Yes

    • Water Source: Public

    • Subdivision Name: Other

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LoKation