About 4355 38th Avenue, Vero Beach, Florida, 32967
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.
Utilities Available : Cable, Electric, Municipal Sewer, None, Public Water
Lot Description : 5 to 10 Acres, Public Road, Treed Lot, West of US-1
View : Lagoon, Pond
Roads : Paved
Style : Commercial, Multi-Family Med Den, Single Family
Usage : Unimproved Multi-Fam, Unimproved Sing Fami
Location : City
Zoning : RM-10
Available Documents : Aerial
Ground Cover : Brush
Miscellaneous : Clearing Required
Special Info : Corporate Owned
Utilities Available : Cable, Electric, Municipal Sewer, None, Public Water
Lot Description : 5 to 10 Acres, Public Road, Treed Lot, West of US-1
View : Lagoon, Pond
Roads : Paved
Style : Commercial, Multi-Family Med Den, Single Family
Usage : Unimproved Multi-Fam, Unimproved Sing Fami
Location : City
Zoning : RM-10
Available Documents : Aerial
Ground Cover : Brush
Miscellaneous : Clearing Required
Special Info : Corporate Owned
Street Address: 4355 38th Avenue
City: Vero Beach
State: Florida
Postal Code: 32967
County: Indian River
Directions:
Johnston Rd and 43rd Ave SW to 38th Ave in Gifford 20 min (11.9 mi) Merge onto FL-614/Indrio Rd 1.0 mi Turn left onto Johnston Rd 2.5 mi Continue onto 43rd Ave SW 7.7 mi Turn right onto 41st St 0.4 m
Property Information :
Listing Status: Active
MLS #: 11142752
Price: $1,100,000
Tax Amount: 2557.57
Last Modified : Nov 22 2025 5:25AM
Courtesy of: Christian Rockwell, LoKation (MLS# 802518)
Source MLS: BEACHES