Listing Agency: IRRE Group

Listed By: Mark A Moore · License #3187505 Show Phone

Source: Compass

Added: Dec 22, 2024 Changed: Oct 16 Last Checked: Oct 16 at 11:06AM

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Investment Insights

Based on property information with market context.

This 4.37 acre property is zoned RM-6 and located in Vero Beach, Florida. The site is situated just north of 4th Street, along the west side of Old Dixie Highway, and features approximately 180 feet of direct paved road frontage. The RM-6 zoning allows for six residential units per acre, potentially accommodating a total of 26 units. This property presents a development opportunity for builders.

Key Highlights

• Zoned RM‑6 allowing for high‑density residential development (6 units per acre).
• 26 residential units possible**.
• Located in the heart of Vero Beach.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Hair Salon Law Firm Spa & Massage Center

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

355

Businesses Nearby

Explore this area Business Placement

Demographics for 32962, FL

26,011

Population

12,705

Households

2

Avg Household Size

49

Median Age

25%

College-Educated

90%

High-School Grad

12.5 sq mi

ZIP Area

2,081

Density / Sq Mi

$65,137

Median Household Income

$32,617

Median Earnings

$1,184

Median Rent

$247,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 4.37 acre residential land zoned RM-6 for 26 units.

Where is this land located?

The property is located at 555 Old Dixie Highway Vero Beach, FL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Zoned RM‑6 allowing for **high‑density residential development** (6 units per acre).; 26 residential units possible**.; Located in the heart of Vero Beach.