8624 63rd Avenue, Vero Beach, FL 32967

Property Description

MULTIFAMILY RESIDENTIAL DEVELOPMENT OPPORTUNITY | 4.20± ACRES | VERO BEACH Excellent opportunity to acquire 4.20± acres (182,952± SF) of residential development land at 8624 63rd Avenue and 6265 86th Place in Vero Beach, Florida. Zoned RM-6 (Multiple-Family Residential), the property allows a maximum density of up to 6 units an acre, providing the potential for approximately 25 residential units, subject to site plan approval and all county requirements. The property presents an attractive opportunity for multifamily developers, residential builders, and land investors seeking development-ready zoning in the growing Vero Beach market. RM-6 zoning supports multifamily residential development and provides flexibility for a variety of housing concepts including foster care and other similar facilities as allowed by the city and the state. Located near established and newer residential communities, the site benefits from convenient access to US Highway 1 and major area thoroughfares, providing connectivity to shopping, schools, employment centers, recreation, and everyday services throughout IRC River County. Vero Beach's barrier island, beaches, dining, and coastal amenities are also within convenient reach.