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Active - Agriculture for sale

3780 INDIAN RIVER Boulevard, Vero Beach FL 32960

Facts & features

Agriculture Property type
21 days on Beycome
332,363 sqft Lot size

Why you’ll love it

  • Pool
  • Garage

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.

Translating description...

Listings courtesy of Compass Florida LLC.

Listed by: Brad Kuskin • 561-232-7899 • Compass Florida LLC

Co-listed by: Compass Florida LLC

Source: Miami MLS, MLS#: B26089527 Miami MLS logo

Based on info available as of Nov 6, 2026 at 6:01 PM EST.

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Affordability

$1,510,000$3,140,000
1%20%
0%90%
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Estimated monthly payment

$13,929/mo

  • Mortgage$11,756
  • Property tax$2,173
  • HOA fee
  • Homeowners insurance
Due at closing$1,848,375
Down payment held in escrow$465,000
Closing costs$34,875
beycome credit Est.$46,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Other,Oak Lake

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 5 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 06, 2026 at 06:01pm EST.

$2,325,000 Listed price

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$46,500 Credit back

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