8624 63RD AVENUE, Vero Beach, FL 32967

Property Description

MULTIFAMILY RESIDENTIAL DEVELOPMENT OPPORTUNITY | 4.20± ACRES | VERO BEACH *All offers will be considered* 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.

Listing Status:

Active

Date Added:

August 24, 2026

Data Last Updated:

November 13, 2026 at 11:22PM

Listing Office:

TOTAL R E CONSULTANTS INC : 954-341-3294

Listing Agent:

Joe Pelayo : 954-551-9427

Contact:

954-341-3294

MLS ID:

O6436195

Location

• Road/Access: Other
• Originating MLS: Stellar MLS
• County: Indian River

Lot

• Zoning: RM-6BEG AT NE COR OF SE 1/4 OF SW 1/4; TH W 335.32 FT; TH N 186.8 FT; TH W 335.62 FT ; TH S 76.92 FT; TH E 130 FT; TH S 110 FT; TH E 20 FT; TH S 225 FT; TH W 150 FT; TH S 111.8 FT; TH E 300 FT; TH S 150 FT ; TH W 300 FT; TH S 36 FT; TH E 225 FT; TH S 150 FT; TH E 233.76 FT; TH N 210 FT; TH E 210 FT MORE/LESS TO E LINE OF SE1 /4 OF SW1/4TH N ALONG SAID E LINE TO POB LESS FOLL DESC PARC: COM AT NE COR OF SE1/4 OF SW1/4; TH W 500.65 FT;TH S 32 FT TO POB: TH CONT S 304.8 FT; TH E 280 FT; TH N 304.68 FT; TH W TO POB & ALSO LESS FOLL DESC PCL; COM AT NE COR OF SE 1/4 OF SW 1/4 OF SEC 29-31-39; RUN W 335.32 FT TO POB; TH RUN N 186.8 FT; TH RUN W 335.62 FT; TH S 76.92 FT; TH RUN E 130.0 0 FT; TH RUN S 110.0 FT; TH RUN E TO POB; LESS & EXCEPT THE PROPOSED 150 FT BY 111.8 FT PCL ON THE W PROPERTY LINE (OR B K 1371 PP 2602)31392900000500000045.0
• Current Use: Multi Family

Utilities

• Utilities: Electrical Nearby
• Water: None
• Sewer: Septic Needed

Financial

• Source: Stellar MLS
• Ownership: Fee Simple