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Property profile & analytics
OFF-MARKET
Land

0 Harbor Dr Vero Beach, FL 32967

5 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in Vero Beach, Florida, presenting 19 platted residential lots totaling 5 acres situated directly on the Intracoastal Waterway. This prime development site, located within the prestigious Grand Harbor golf and beach club community, boasts pre-approved plans for single-family homes, offering immediate construction readiness. The property's zoning permits multifamily or single-family residential development, with the southernmost five lots particularly well-suited for potential condo conversion. Grand Harbor provides access to a premier golf course, country club, and beach club, though memberships are not mandatory for lot purchase or future home construction. This highly desirable Vero Beach location offers a relaxed atmosphere and convenient access to local amenities, including a vibrant downtown area with diverse dining, shopping, and entertainment options. The property enjoys excellent connectivity to major roadways such as Route 1, Interstate 95, and A1A, and is conveniently located just 10 minutes from Vero Beach Regional Airport. This shovel-ready project presents a unique chance to capitalize on the thriving Vero Beach real estate market, offering immediate development potential in a sought-after location. The asking price for this exceptional opportunity is $13,500,000.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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