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    8546 106Th Ave Vero Beach, FL 32967

    For Sale
    $37,500

    9,148 SF Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 9,148 square foot lot presents a unique investment opportunity in Vero Beach, Florida. Zoned for both commercial and residential use, this versatile property offers significant potential for developers and individual investors alike. Located at 8546 106th Avenue, Vero Beach, FL 32967, the land boasts a convenient location near schools, shopping centers, and the beautiful beaches Vero Beach is known for. The asking price is $37,500, making it an attractive proposition in the current market. The property's size and zoning flexibility allow for a wide range of development possibilities, from constructing a single-family home to developing a small commercial building. Its proximity to amenities further enhances its appeal and potential for strong returns. This is a rare opportunity to acquire a sizable parcel of land in a desirable location, offering both residential and commercial development potential. The property is situated in Indian River County and its precise coordinates are latitude 27.749992 and longitude -80.5437199. Don't miss this chance to secure this prime piece of real estate.

    Property Features for 8546 106Th Ave

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Kitchen & Bath HVAC Service Garden Center Discount Store Electrical Service

    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
    -80.5437199
    Latitude
    27.749992

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    FAQs

    What type of property is this?
    Land - 9,148 SF Lot, Prime Location
    Where is this land located?
    The property is located at 8546 106Th Ave Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $37,500.
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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
    8546 106Th Ave Vero Beach, FL 32967
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