Cleared Multifamily-Residential Land
For Sale
Under Contract
$58,000
2066 42nd Place, Vero Beach, FL 32967
Land, Vero Beach, FL
Property SizeContact for details
Lot Size0.13 Acres
Days on Market306
Property Features for 2066 42nd Place
General Information
Property type
Land
Property subtype
Other
Zoning
,
Zoning description
Multiple, Residential
Subdivision
Pinson
Lot features
Few Trees, Less Than Quarter Acre
Elementary school district
Indian River County Schools
Middle school district
Indian River County Schools
High school district
Indian River County Schools
Directions
US 1 northbound - land to right / east on 42nd Place. Lot is the 2nd in from US 1 on the left.
Standard status
Active Under Contract
APN
32392600006000000047.0
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PINSON SUB LOT 47 PBI 2-94
Tax Annual Amount
74
Legal Description
PINSON SUB LOT 47 PBI 2-94
Utilities
Water source
Public
Listing Agency:
Mac Evoy Real Estate Co
(772) 589-0400
Listed By:
Carolyn E Mac Evoy · License #3149016
(772) 925-4791
Added: Oct 31, 2025
Changed: Aug 27
Last Checked: Sep 1 at 3:06AM
MLS# 292369
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This cleared residential land parcel is zoned for residential multifamily (RM-6). The property is presented as a 50 x 110 lot, with a new 2023 survey completed. Water is on site, and the buyer will need to connect to sewer or add septic depending on their development plan.
The property is located on a side street east of US 1, with direct US 1 frontage that provides view and open exposure to the corridor. Surrounding zoning includes commercial and warehouse uses, which may be helpful for day-to-day access and commute convenience, along with proximity to stores and restaurants.
For buyers considering a residential multifamily project, the RM-6 zoning and cleared condition reduce early site work. The seller notes no HOA, and the owner is FREC registered. The lot is identified as being in X Flood Zone, and additional utilities beyond on-site water will need to be addressed during due diligence for final buildout.
The property is located on a side street east of US 1, with direct US 1 frontage that provides view and open exposure to the corridor. Surrounding zoning includes commercial and warehouse uses, which may be helpful for day-to-day access and commute convenience, along with proximity to stores and restaurants.
For buyers considering a residential multifamily project, the RM-6 zoning and cleared condition reduce early site work. The seller notes no HOA, and the owner is FREC registered. The lot is identified as being in X Flood Zone, and additional utilities beyond on-site water will need to be addressed during due diligence for final buildout.
Key Highlights
- Zoned for residential - multifamily (RM‑6) allowing for development opportunities.
- Cleared 50x110 parcel east of US 1.
- Direct US 1 frontage with view and open exposure.**
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 32967, FL
25,785
Population
12,358
Households
2.1
Avg Household Size
50
Median Age
35%
College-Educated
91%
High-School Grad
40.0 sq mi
ZIP Area
645
Density / Sq Mi
$73,875
Median Household Income
$38,156
Median Earnings
$1,425
Median Rent
$394,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Cleared lot zoned RM-6 with water on site, offering direct US 1 exposure for residential multifamily development.
Where is this residential land & home lot located?
The property is located at 2066 42nd Place Vero Beach, FL.
What is the asking price?
The asking price for this property is $58,000.
What are key features of this property?
This property features: Zoned for residential - multifamily (RM‑6) allowing for development opportunities.; Cleared 50x110 parcel east of US 1.; Direct US 1 frontage with view and open exposure.**
