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    12300 Highway A1A Vero Beach, FL 32963

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    For Sale
    $6,500,000

    Oceanfront and river bottom land parcel with subdivision potential.

    Lot size:
    2.98 Acres

    Property Features for 12300 Highway A1A

    General Information

    Lot size
    2.98 Acres

    Source: One Sotheby's Int'l Realty Agent Janyne F Kenworthy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean to River Parcel Opportunity

    This property represents a unique opportunity with one of the last remaining ocean to river parcels available. The land abuts the Pelican Island National Wildlife Refuge to the south. It includes approximately 304 feet of oceanfront on a 2.98-acre section, along with a 6.73-acre river bottom suitable for constructing a dock. A 3-bedroom, 2-bathroom bungalow is included, though it requires renovation. The property can be subdivided, offering flexibility for development. Located minutes from Sebastian Inlet, the site provides access to beach activities, surfing, fishing, and opportunities for treasure hunting. The location offers tranquil sunrises and sunsets, embodying an Old Florida feel.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Spa & Massage Hotel & Motel Gym & Fitness Skin Care Clinic Bed & Breakfast Acupuncture

    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
    -80.4260153
    Latitude
    27.8184867

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    FAQs

    What type of property is this?
    Land - Oceanfront and river bottom land parcel with subdivision potential.
    Where is this land located?
    The property is located at 12300 Highway A1A Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Ocean to River Property: Rare opportunity with both oceanfront and river access.; - Abuts Pelican Island National Wildlife Refuge: Offers privacy and natural beauty.; - Significant Oceanfront Footage: Boasting 304+\/- ft of ocean frontage on 2.98 acres.
    (772) 492-1002
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    12300 Highway A1A 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
    12300 Highway A1A Vero Beach, FL 32963
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