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    2136 Porpoise Point Ln Vero Beach, FL 32963

    For Sale
    $12,995,000

    Prime Oceanfront Land, 72,745 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Discover a remarkable opportunity to own a sprawling 72,745 square foot oceanfront property in Vero Beach, Florida. This exceptional parcel boasts 240 feet of pristine Atlantic Ocean frontage, offering breathtaking panoramic views. Located in the coveted South Beach area, this cleared and build-ready lot presents unparalleled potential. The property's unique configuration allows for the development of a single expansive oceanfront estate or, alternatively, the construction of two separate properties. Two convenient access points from community streets lead to a private beachfront compound, easily enclosed for ultimate privacy with landscaping and site walls. Its prime location offers unparalleled convenience and prestige, situated just half a mile from the prestigious Moorings Yacht & Country Club and St. Edward's private school, and a mere 5 minutes from Vero Beach's vibrant shops and restaurants. This is a rare chance to acquire a substantial piece of oceanfront land in one of Florida's most desirable coastal communities. The asking price is $12,995,000. The property is zoned for both commercial and residential use, providing exceptional flexibility for development. Don't miss this chance to create your dream oceanfront property or a lucrative investment in Vero Beach's exclusive coastal lifestyle.

    Property Features for 2136 Porpoise Point Ln

    General Information

    Property type
    Land

    HighLights

    • 72,745 sq ft oceanfront lot in Vero Beach, FL.
    • 240 ft of Atlantic Ocean frontage with panoramic views.
    • Cleared and build‑ready, located in the coveted South Beach area.
    • Allows for one large estate or two separate properties.
    • Two access points from community streets, easily secured for privacy.
    • Half mile from Moorings Yacht & Country Club and St. Edward's School; 5 minutes from Vero Beach shops & restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Clothing Store Auto Parts Store Skin Care Clinic Kitchen & Bath

    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
    -80.3312002
    Latitude
    27.5951473

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    FAQs

    What type of property is this?
    Land - Prime Oceanfront Land, 72,745 SF
    Where is this land located?
    The property is located at 2136 Porpoise Point Ln Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $12,995,000.
    What are key features of this property?
    This property features: 72,745 sq ft oceanfront lot in Vero Beach, FL.; 240 ft of Atlantic Ocean frontage with panoramic views.; Cleared and build-ready, located in the coveted South Beach area.
    Request Owner's contact information
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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
    2136 Porpoise Point Ln Vero Beach, FL 32963
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