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    641 Azalea Ln Vero Beach, FL 32963

    For Sale
    $1,995,000

    LAND - Vero Beach, FL

    Lot size:
    0.60 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 641 Azalea Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    ,
    APN
    32403200006014000033.0
    Lot size
    0.60 Acres

    Utilities

    Water source
    Public

    Alex MacWilliam, Inc. Real Estate (772) 231-6509 [email protected]

    Listing agent Alex MacWilliam IV (772) 231-6509 License #3281572

    Listing date Nov 14, 2025

    MLS# 284864 Listing URL

    Copyright © 2025 Realtors Association of Indian River County. 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 Island Land Opportunity

    This property presents a rare opportunity on the island. Zoned POI (Professional Office & Institutional), it offers various development possibilities, including the construction of 2-4 single-family homes or the establishment of professional or medical offices. There is also the potential to rezone the property back to Multifamily for the construction of condominiums or apartments. Situated in Vero Beach, Florida, this 0.6-acre lot in Indian River County is an investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cnyonthefly Fishing Camp Ella J Photography ... Photographer

    Suggested Use

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

    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
    -80.361802
    Latitude
    27.652648

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    FAQs

    What type of property is this?
    Commercial land - Versatile property zoned POI with multiple development possibilities.
    Where is this commercial land located?
    The property is located at 641 Azalea Ln Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Prime investment opportunity on the island.; - Versatile POI zoning allows for various uses including single-family homes, professional or medical offices.; - Potential to rezone to Multifamily for condominiums or apartments.
    (772) 231-6509
    Request Owner's contact information
    641 Azalea Ln Vero Beach, FL 32963
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    Vero Beach, FL 32963
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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
    641 Azalea Ln Vero Beach, FL 32963
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