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Property profile & analytics
OFF-MARKET
Commercial real estate

6620 61St St Vero Beach, FL 32967

43.35 ac lot
Entity Owned 1-yr Hold
Property ID
US18-5256392
Property summary
AI-generated overview

This exceptional 43.35-acre property in Vero Beach, Florida, presents a unique investment opportunity. Located at 6620 61st St, in Indian River County, zip code 32967 (27.7080623, -80.464429), this expansive land parcel boasts approximately 2,375 feet of frontage on 66th Avenue. Currently zoned (A-1) Agricultural 1 - District, the property allows for one residential unit per five acres, opening possibilities for a homestead or low-density redevelopment project. The land's agricultural designation is complemented by the availability of county water and FPL utilities, providing essential infrastructure for various development scenarios. The asking price for this significant land holding is $3,250,000. With its substantial size, prime location, and flexible zoning, this property offers considerable potential for both agricultural pursuits and future development. The combination of agricultural zoning and the potential for residential development makes this a truly versatile and attractive investment. Serious inquiries are encouraged to explore the full range of possibilities this exceptional property offers.

Property profile
Verified
Property type Commercial real estate
Lot 43.35 ac (1,888,326 SF)
UPID US18-5256392
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lgtc LLC · 1 yrs held
Lgtc LLC
since 2025
2 recorded transactions
2025
$2.9M
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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