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    OFF-MARKET
    Commercial real estate

    1746 Ocean Dr, Vero Beach, FL 32963

    Property ID
    US18-0095570
    Property summary
    AI-generated overview

    This exceptional 43,124 square foot oceanfront lot presents a rare opportunity to build a stunning residence in the highly desirable Old Riomar neighborhood of Vero Beach, Florida. Located at 1746 Ocean Drive, this property boasts a coveted R-1AA/R-1AA permitted zoning classification. Enjoy the privacy of a quiet stretch of Ocean Drive with a large, accreting beach. The location offers convenient access to shopping, dining, and the amenities of both Riomar Country Club and Quail Valley River Club, all within a short walk or bike ride. The property is ready for immediate development, with completed due diligence, permitting, and architectural plans already in place. These plans detail a breathtaking Mediterranean-style masterpiece designed by a team of renowned professionals, including an Architectural Digest-featured interior designer, a celebrated architect, and a skilled landscape designer. The lot size is approximately 43,124 square feet

    Property profile
    Verified
    Property type Commercial real estate
    UPID US18-0095570
    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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