Save
Ask
Tour
Hide
Share
$1,100,000
75 Days On Site

4355 38th Avenue
Vero Beach, FL 32967

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
North Central Vero Beach.
County:
Indian River
Call Now: 844-LOKATION
Is this the listing for you? We can help make it yours.
844-LOKATION
4355 38th Avenue4355 38th Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$5,019
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

APPROVED - 79 DOORS AFFORDABLE HOUSING DEVELOPMENT! Introducing an exceptional opportunity for multifamily residential development in an enviable location. This prime property boasts an unbeatable location just minutes away from beach access and offers unparalleled convenience being in close proximity to the airport. With its coveted zoning of RM-10, this parcel presents a range of possibilities for developers seeking to create a thriving community.The potential for this property is truly impressive, with the current entitlements allowing for the construction of 66 townhomes or condominiums with an additional grant allowing for up to 79 doors for affordable housing development. Water and sewer services are readily available through the city, ensuring a smooth transition for the implementation of utilities. While the existing internal roads may require development, the presence of perimeter roads adds convenience and accessibility to the site. For developers looking to streamline the due diligence process, this property comes fully entitled for the proposed use of multifamily residential development. This eliminates potential hurdles and accelerates the timeline for construction, providing a valuable head start. In summary, this property presents an excellent location for multifamily residential development. With its proximity to the beach, convenient access to the airport, and the potential for re-zoning or affordable housing options, it is a compelling opportunity for developers seeking a prosperous venture. Don't miss out on the chance to shape a vibrant community in this highly sought-after area!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Precio 
$1,100,000
Days On Site 
75 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
6.68 Acres
Year Built 
N/A
MLS® Number 
R11142752
Status 
Active
Property Tax 
$2,557.57
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
6.68
Additional Property Use 
ComercialMulti-FamilySingle FamilyUnimproved
Direction Faces 
East
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailableNoneSewer AvailableWater Available
Water Source 
Public
Zoning 
RM-10
Save
Ask
Tour
Hide
Share
Exterior Features
Frontage 
Lagoon/Estuary
Lot Features 
City LotMany Trees
View 
Pond
Waterview 
Pond
Community Features
Financing Terms Available 
CashConventional
MLS Area 
5940 - Other Florida County
Roads 
Paved
Listing courtesy of LoKation



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-02-04 10:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share