Listing Agency: Dale Sorensen Real Estate Inc. Show Phone

Listed By: Cathy Curley · License #3378699 Show Phone

Source: Exitrealty

Added: Jan 23, 2024 Changed: Sep 10 Last Checked: Sep 15 at 5:22AM

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Investment Insights

Based on property information with market context.

This oceanfront lot is located in Old Riomar on a quiet stretch of Ocean Drive, offering privacy and a large accreting beach. The property is within walking or biking distance of shopping, dining, Riomar Country Club, and Quail Valley River Club. Permitting and plans are in place for a Mediterranean-style structure designed by an Architectural Digest featured interior designer, a renowned architect, and a landscape designer.

Key Highlights

• Last oceanfront lot in coveted Old Riomar.
• Large accreting beach offering privacy.
• Due diligence, permitting, and plans in place for a Mediterranean masterpiece.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Spa & Massage Center Auto Repair Shop Parking Lot & Garage Building Supply Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

134

Businesses Nearby

Explore this area Business Placement

Demographics for 32963, FL

16,291

Population

12,344

Households

1.3

Avg Household Size

68

Median Age

68%

College-Educated

99%

High-School Grad

17.4 sq mi

ZIP Area

936

Density / Sq Mi

$142,985

Median Household Income

$80,536

Median Earnings

$2,000

Median Rent

$894,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Last oceanfront lot with privacy and accreting beach.

Where is this land located?

The property is located at 1746 Ocean Drive Vero Beach, FL.

What is the asking price?

The asking price for this property is $6,995,000.

What are key features of this property?

This property features: Last oceanfront lot in coveted Old Riomar.; Large accreting beach offering privacy.; Due diligence, permitting, and plans in place for a Mediterranean masterpiece.