0 14Th Ave Vero Beach, FL 32960
This exceptional .83-acre residential land parcel presents a unique investment opportunity in the desirable Vero Beach, Florida market. Situated south of 16th Street on 14th Avenue, this property offers convenient access to local amenities while maintaining a tranquil atmosphere. The land comprises two contiguous parcels, Parcel 1 measuring 0.39 acres and Parcel 2 measuring 0.44 acres. Both parcels are currently undeveloped, providing a blank canvas for residential construction. The combined acreage of 0.83 acres allows for significant development potential, catering to a variety of residential building plans. The property's zoning designation is RM-10/12, permitting residential development in accordance with local regulations. Located in Indian River County, Florida, with a Vero Beach address and 32960 zip code, this property benefits from the area's attractive climate and established infrastructure. The coordinates are 27.6234417 latitude and -80.399489 longitude. This is an excellent opportunity for builders, developers, or investors seeking a prime residential land holding in a sought-after Florida location. The asking price for this exceptional property is $500,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.