5920 Us Highway 1, Vero Beach, FL 32967

$1,950,000
Property Type: Land & Docks Lot Size (sq. ft.): 575,863 Status: Active
Current Price: $1,950,000 List Date: 6/09/2026 Last Modified: 10/22/2026

Overview

Description

Prime investment opportunity in Vero Beach, Indian River County, Florida. 13.22 acres, zoning RM-3, with 685 ft (+-) of US Highway 1 frontage. This property offers 7.78 acres residential, multi-family zoned and 5.44 acres residential, SF zoned. Located approximately 6.1 miles to Vero Beach Regional Airport, 6.2 miles to Wabasso Beach, and 6.4 miles to Humiston Beach Park/Ocean Drive dining and shops.

Listing Details MLS# R11108550

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
13.22
Lot Size Square Feet
575863.2
Lot Frontage
685
Direction Faces
West
LP/SqFt
3.39

Property Features

Current Use: Multi-Family; Single Family Development Status: Recorded Plat Documents Available: Aerial Location of Property: County Location Possession: Close Of Escrow Possible Use: Single Family Trees: Partial Tree Coverage Utilities: Electricity Available; Water Available; None Vegetation: Other Listing Terms: Cash Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent; Text Listing Agent Acreage Description: 10 Or More Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2379600
LP/Acre
147503.78
LP/Frontage
2846.72

Location and Legal

Country
United States
County Or Parish
Indian River
County Parish Name
Indian River
Street Number
5920
Street Name
Us Highway 1
City Name
Vero Beach
State Or Province
FL
Postal Code
32967
Postal Zip
32967
Subdivision Name
none
Area
6331 - County Central (IR)
Geographic Area
INRV - Indian River
Parcel Number
32391500000100000020
Zoning
RM-3
Directions
US Highway 1 north of 53rd St. in Vero Beach

Financial Information

Tax Year
2024
Tax Annual Amount
6934.84
Tax Legal Description
''''''S1/2 OF NE1/4 OF NE1/4, LYING E OF US HWY #1''''''

Status Change Information

Major Change Timestamp
2026-10-22T22:36:44Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-10-22T22:36:44Z
Status Change Date
2026-06-09
Back on Market Date
2026-06-09

More Information

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20250708202400327627000000
Originating System ID
M00000170
IDX
Listing Office: Preferred Realty Executives
Source MLS Verified
Last Updated: October - 22 - 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.