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    8556 106Th Ave Vero Beach, FL 32967

    For Sale
    $375,000

    9,148 SF Lot - Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 9,148 square foot lot presents a unique opportunity in Vero Beach, Florida. Zoned for both commercial and residential use, this versatile property offers immense potential for a variety of development projects. Located at 8556 106th Avenue, Vero Beach, FL 32967, this parcel boasts a prime location, providing convenient access to local schools, shopping centers, and the beautiful beaches Vero Beach is known for. The asking price is $375,000, making it an attractive investment for both developers and individuals seeking to build their dream home. The property's size and zoning flexibility allow for a wide range of possibilities, from a small commercial building with residential units above, to a single-family residence on a spacious lot. Its strategic location within Indian River County ensures easy access to major roadways and amenities. This is a rare opportunity to acquire a substantial piece of land in a desirable area, offering significant potential for future growth and appreciation. Don't miss out on this chance to secure a prime piece of Vero Beach real estate. The property is ready for immediate development, presenting a compelling investment opportunity in a thriving Florida community. The latitude and longitude coordinates are 27.750198, -80.543719 respectively.

    Property Features for 8556 106Th Ave

    General Information

    Property type
    Land

    HighLights

    • $375,000 asking price.
    • 9,148 square foot lot.
    • Vero Beach, FL location.
    • Commercial and residential zoning.
    • Ideal for investment or residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Hotel & Motel Kitchen & Bath HVAC Service Electrical Service Cafe & Coffee Shop Daycare Center Travel Agency

    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
    -80.543719
    Latitude
    27.750198

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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 8556 106Th Ave Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price.; 9,148 square foot lot.; Vero Beach, FL location.
    Request Owner's contact information
    8556 106Th Ave Vero Beach, FL 32967
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    Vero Beach, FL 32967
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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
    8556 106Th Ave Vero Beach, FL 32967
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