Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8624 63Rd Ave Vero Beach, FL 32967

    For Sale
    $600,000

    Prime 4.35-acre development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4.35-acre vacant land parcel presents a remarkable opportunity for residential development in Vero Beach, Florida. Located at 8624 63rd Ave, Vero Beach, FL 32967 (APN 31392900000500000045), this property is zoned RM-6 and offers convenient access to US Highway 1, the causeway, pristine beaches, championship golf courses, and a wealth of other area amenities. The asking price is $600,000, translating to approximately $137,931 per square foot of land. Given the strong market demand, with comparable developments selling for $500,000 and above, this site represents a compelling investment prospect. Its ideal location and zoning make it suitable for various residential projects, including multifamily developments. The property's size and strategic positioning within Vero Beach ensure significant potential for substantial returns. This is a rare chance to acquire a prime piece of land in a highly sought-after location, poised for immediate development. Don't miss this exceptional opportunity to capitalize on the thriving Vero Beach real estate market.

    Property Features for 8624 63Rd Ave

    General Information

    Property type
    Land
    Lot Size
    189,486 SF

    HighLights

    • 8624 63rd Ave, Vero Beach, FL 32967
    • $600,000 purchase price ($137,931/acre, $25,000/zoned lot)
    • ±4.35 acres
    • RM‑6 zoning
    • APN: 31392900000500000045
    • Vacant land suitable for multifamily residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Clothing Store Hotel & Motel Gym & Fitness Department Store Kitchen & Bath Food Market Storage Facility

    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
    -80.4554722
    Latitude
    27.7507531

    Nearby Similar for Sale

    • $2,790,000
      0.29 Acres

      Canal-Front Mixed-Use Investment Opportunity

      Mixed-use property with retail income and residential upside.
      23 Royal Palm Pt, Vero Beach, FL 32960
      View Details
    • $9,000,000
      16.56 Acres

      Vero Beach Industrial Property For Sale

      16.56-acre industrial property with 90,000+/- sq ft warehouse.
      2600 45Th St, Vero Beach, FL 32967
      View Details
    • $6,300,000
      2.07 Acres

      Vero Beach Mixed-Use Investment

      Prime mixed-use complex with apartments, retail, office, and restaurant spaces.
      1615 14Th Ave, Vero Beach, FL 32960
      View Details
    • $699,000

      Updated Commercial Property in Downtown

      Updated commercial property in downtown Vero Beach with flexible layout.
      1801 24Th St, Vero Beach, FL 32960
      View Details
    • $79,000

      Established Vintage Decor Business For Sale

      Turnkey vintage decor business with consignors and craftsman space.
      1642 Old Dixie Hwy, Vero Beach, FL 32960
      View Details
    • $1,550,000
      8.55 Acres

      Equestrian Property in Vero Beach

      8.55-acre equestrian property with barns and pastures in Vero Beach.
      7625 Polo Sq, Vero Beach, FL 32968
      View Details

    FAQs

    What type of property is this?
    Land - Prime 4.35-acre development site.
    Where is this land located?
    The property is located at 8624 63Rd Ave Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 8624 63rd Ave, Vero Beach, FL 32967; $600,000 purchase price ($137,931/acre, $25,000/zoned lot); ±4.35 acres
    (772) 286-6292
    Request Owner's contact information
    8624 63Rd Ave Vero Beach, FL 32967
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8624 63Rd Ave
    Vero Beach, FL 32967
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8624 63Rd Ave Vero Beach, FL 32967
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.