This is an outstanding residential and commercial development property located in an active area of US1 in Vero Beach.
The zoning and location provide an ideal property for single family, mixed use, or multi-family development. Commercial corner totaling 1.8+/- acres allows for convenience store usage or additional multi-family zoning of 8 units/acre.
The adjacent 5+/- acres are for sale as a separate purchase to create a larger footprint if desired.
The site plan includes a 6-acre preserve and retention area.
A draw to the property is the convenient US1 location that provides easy access to golf courses, public beaches, and is only 1.25 Miles to the new Publix shopping center.
Located in an area of upscale priced homes on the mainland of Vero Beach, the property is adjacent to DR Horton’s Antilles Development to the north and close to Grand Harbor Development to the south and east. To the southwest is Waterway Village, a large Pulte Development.
Aerials & Documents
Status: For Sale
Last Verified: 01/29/2017
Property Type: Commercial, Development, Land, Mixed Use, Residential
Price Per Acre: $48,000
Location: 6250 US1, Vero Beach, FL, 32967
County: Indian River
Frontage: Road Frontage: **825 +/- FT on US1 **815 +/- FT on 63rd Street
Description: 1.79 +/- acres commercial * 18.47 +/- acres RM3 equates to RM-8 for multifamily * Permitted Lots: Current RM3 Zoning along with the Commercially Zoned acreage allows up to 70 total units * Zoning: Current RM-3 zoning allows for 3 units/acre multifamily and CG zoning adheres to RM-8 regulations for multifamily * FLU: L-1 (allowing 3 multifamily units per acre) * Site plan will include a 6-acre preserve and retention area to protect an off site eagle’s nest
Driving Directions: From the intersection of US1 and SR 60 in Vero Beach, travel north on US1 for 4.9 miles * The property is located at the southeast corner of US1 and 63rd Street