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    4355 38Th Ave Vero Beach, FL 32967

    Sponsored
    For Sale
    $1,100,000

    Commercial,Multi-Family Med Den,Single Family - Commercial Land

    Lot size:
    6.68 Acres
    Days on Market:
    47
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 4355 38Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM-10
    APN
    32392700000300000018.0
    Exterior features
    None
    Lot size
    6.68 Acres

    Building Details

    Architectural style
    Other

    LoKation Real Estate (954) 545-5583 [email protected]

    Listing agent Christian Rockwell (954) 545-5583

    Listing date Nov 21, 2025

    MLS# RX-11142752 Listing URL

    Copyright © 2026 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vero Beach Multifamily Development Opportunity

    This 6.68-acre property in Vero Beach, Florida, presents an opportunity for multifamily residential development. Zoned RM-10, the property is approved for the construction of up to 79 doors for affordable housing development. The location offers proximity to beach access and the airport. The current entitlements allow for the construction of 66 townhomes or condominiums.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.424673
    Latitude
    27.672465

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    FAQs

    What type of property is this?
    Land - Approved for 79 affordable housing units near the beach.
    Where is this land located?
    The property is located at 4355 38Th Ave Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Approved for **79 doors of affordable housing development.**; - **Unbeatable location minutes from beach access.**; - Close proximity to the airport.
    (954) 545-5583
    Request Owner's contact information
    4355 38Th Ave Vero Beach, FL 32967
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    Vero Beach, FL 32967
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4355 38Th Ave Vero Beach, FL 32967
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