Property profile

2136 Porpoise Point Ln Vero Beach, FL 32963

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 53,578 square foot oceanfront property in Vero Beach, Florida, presents a unique investment opportunity. Located at 2136 N Porpoise Point Lane, zip code 32963, this 1.2+ acre parcel boasts 140 feet of breathtaking Atlantic Ocean views and private beach access. The land is zoned for both commercial and residential use, offering unparalleled flexibility for development. Imagine creating a luxurious custom coastal estate or a prestigious residential development in this highly sought-after location. The property's prime position within one of Vero Beach's most exclusive neighborhoods ensures both tranquility and proximity to a vibrant array of amenities. Just moments away, you'll find upscale dining options, boutique shopping experiences, and significant cultural attractions. This is a rare chance to acquire a truly remarkable piece of Vero Beach real estate, allowing for the creation of an unparalleled seaside sanctuary. The asking price for this exceptional property is $6,495,000. Don't miss this opportunity to build your coastal dream in this idyllic Florida location. The property is situated in Indian River County.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2136 Porpoise Point Ln Vero Beach, FL 32963
Vero Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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