3780 INDIAN RIVER Boulevard, Vero Beach, FL 32960

$2,325,000
Property Type: Land & Docks Lot Size (sq. ft.): 332,363 Status: Active
Current Price: $2,325,000 List Date: 10/17/2026 Last Modified: 10/19/2026

Overview

Description

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.

Supplements: 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 ex ...

Listing Details MLS# B26089527

General Property Information

Transaction Type
Listing For Sale
Property Sub Type
Unimproved Land
Number Of Lots
Yes
Lot Size Acres
7.63
Lot Size Square Feet
332363
Lot Size Dimensions
686 x 965 (Irregular)
Lot Depth
686
Property Description
VACANT RESIDENTIAL
Gated Community YN
No
Lot Frontage
965
Land Lease YN
No
Recreation Lease YN
No
Direction Faces
Southwest
LP/Assessed Value
1.42
LP/SqFt
7

Property Features

Current Use: Development; Investment; Multi-Family; Unimproved Development Status: Raw Land; Site Plan Approved Documents Available: Aerial; Building Plan; Deed Restriction(s); Engineering Study; Plans; Survey; Title Insurance; Topographical Map Environmental Audit: Unknown Fencing: None Location of Property: City Location; In Residential Area; Location In A Flood Zone Other Structures: None Possession: Close Of Escrow Possible Use: Development; Investment; Multi-Family; Residential Sewer: Public Sewer Special Information: Platted Special Listing Conditions: Standard Trees: Sabal Palm Utilities: Electricity Available; Sewer Available; Water Available; None Vegetation: Grassed View: Preserve; Water Zoning Information: Use Conforms To Zoning Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Irregular Lot; Oversized Lot; Street Lights Membership: No Membership Available Road Frontage Type: East of US-1 Road Responsibility: Public Maintained Road Road Surface Type: Paved Traffic Type: Medium Tax Information: City/County; Land Only; Tax Reflects No Exemptions Water Source: Public Water View: Lake; Pond Showing Requirements: Call Listing Agent; No Appointment Elevation Description: 0-5 Feet Above Sea Level Acreage Description: 5 To Less Than 10 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2325000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes
LP/Acre
304718.22
LP/Frontage
2409.33

Location and Legal

Country
United States
County Or Parish
Indian River
County Parish Name
Indian River
Street Number
3780
Street Name
INDIAN RIVER
Street Suffix
Boulevard
City Name
Vero Beach
Municipality Type
Incorporated
State Or Province
FL
Postal Code
32960
Postal Zip
32960
Subdivision Name
Other
Development Name
Oak Lake
Area
6321 - City of Vero Beach (IR)
Geographic Area
INRV - Indian River
Elementary School
Beachland
Middle Or Junior School
Gifford
High School
Vero Beach
Parcel Number
323925000007000000021
Subdivision Number
50000
Multiple Offers Accepted
Yes
Zoning
RM-8
Flood Zone
AE
County Land Use
00
Directions
From US-1, east on 37th St to Indian River Blvd; turn left (north). Site is on the right (east side) just north of 37th St and south of 41st St.

Financial Information

Master Association YN
No
Membership Fee Required YN
No
Tax Year
2025
Tax Annual Amount
26076.24
Tax Assessed/SOH Value
1642080
Tax Legal Description
SEC 25 TWN 32 RNG 25 BEING MORE PART DESC AS FOLL THE W 686.49 FT OF THE SW QTR OF THE SE QTR OF SEC 25 LESS ROW FOR INDIAN RIVER BLVD OR 78
Assessor Market Value
1642080

Status Change Information

Major Change Timestamp
2026-10-17T15:52:41Z
Major Change Type
New Listing
Status Change Date
2026-10-17

More Information

Zoning Details

Jurisdiction
City

Originating Details

Originating System Key
20261017153707220152000000
Originating System ID
M00000170
IDX
Listing Office: Compass Florida LLC
Source MLS Verified
Last Updated: October - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

EQUAL HOUSING OPPORTUNITY. Exodus Realty, LLC is committed to fair housing. We do not discriminate on the basis of race, color, religion, sex, disability, familial status or national origin, or on the basis of age, marital status, sexual orientation or gender identity, which are also protected in Palm Beach County. We support equal housing opportunity for everyone.