3780 INDIAN RIVER Boulevard, Vero Beach, FL 32960

About This Home

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.

Building & Association

Association

No

Association Fee

0

Lot & Construction

Lot Features

City Location, Lot Located In A Flood Zone, 5 To Less Than 10 Acre Lot, East Of US 1, Irregular Lot, Oversized Lot, No Bldg Included, Location In A Flood Zone, In Residential Area, Street Lights

Lot Size Square Feet

0

Waterfront

No

View

Lake, Water, Lake View, Pond View, Pond

Exterior Features

East Of Us1, None

New Construction

No

Public Records

Parcel Number

323925000007000000021

Tax Annual Amount

$26,076

Tax Year

2,025

Zoning

RM-8

County Or Parish

Indian River County

Location