3780 INDIAN RIVER BLVD, Vero Beach, FL 32960
3780 INDIAN RIVER BLVD, Vero Beach, FL 32960
3780 INDIAN RIVER BLVD, Vero Beach, FL 32960
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Listed by Brad Kuskin • Compass Florida LLC
$2,325,000
Est. payment /mo
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3780 INDIAN RIVER BLVD Vero Beach, FL 32960

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Allison Roman

Allison Roman

+1(321) 720-2141

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Key Details

Property Type Other Types

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID B26089527

Annual Tax Amount $26,076

Tax Year 2025

Property Sub-Type Land

Property Description

Site plan approved 59-unit multifamily site on ±7.63 acres along Indian River Blvd in the heart of Vero Beach's affluent coastal and medical corridor, steps from Cleveland Clinic and about a mile from the Barber Bridge to the beaches. Approved for 59 two-bedroom, two-bath homes (±1,125 SF) in three 3-story buildings with open-air breezeways, pool and clubhouse, 24 garage bays and 3.27 acres of preserved land. RM-8 zoning, Land Trust drainage easement executed, plans available. Ideal for smaller developers, family offices and investors. All reasonable offers considered. Rare chance to build and hold a quality rental community in central Vero Beach. The Indian River Blvd corridor has more than 750 units committed nearby, with new luxury townhomes renting up to $5,899 per month. Indian River County is projected to reach about 193,000 residents by 2035, and new airline service from Breeze, JetBlue and American has expanded access to Vero Beach Regional Airport. Multifamily permitting has slowed since 2023, which limits new supply. Approved site plan, building elevations, floor plans, engineering and survey are available. Remaining steps include the SJRWMD permit resubmittal; site plan approval has been extended under statutory tolling.

Location

State FL

County Indian River

Community Non- Gated, Street Lights

Area 6321 City Of Vero Beach

Direction From US-1, east on 37th St to Indian River Blvd; turn left (north). Site is on the right (east side) just north of 37th St and south of 41st St.

Interior

Fireplace No

Exterior

Community Features Non- Gated, Street Lights

Utilities Available Electricity Available, None, Water Available

View Y/N Yes

View Lake, Pond, Preserve

Street Surface Paved

Building

Lot Description Irregular Lot

Faces Southwest

Schools

Elementary Schools Beachland

Middle Schools Gifford

High Schools Vero Beach

Others

Tax ID 323925000007000000021

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash

Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

NEARBY SCHOOL & BUSINESS

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Allison Roman

Allison Roman

Agent License ID: 3409788

+1(321) 720-2141

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3780 INDIAN RIVER BLVD