6830 77Th StVero Beach, FL 32967

Property Details for 6830 77Th St

Lot size

143.50 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 143.5-acre property in Vero Beach, Florida, presents a unique investment opportunity. Currently zoned A-1, it's comprised of 30 subdivided ranchette lots, each averaging approximately 4.75 acres and boasting county road frontage. The property, a former citrus grove, offers the flexibility to be sold as individual lots or consolidated into a single parcel. Individual lots of this type are currently selling for $325,000 to $439,000. The land is priced at $55,000 per acre. Strategically located east of I-95, a mere quarter-mile east of Sebastian's city limits and off 66th Avenue, this development benefits from its proximity to excellent schools. Liberty Magnet Elementary School (A-rated) is just one mile north, Sebastian High School is five miles away, and Storm Grove Elementary is 2.5 miles south. The area's rapid growth is further evidenced by the recent $57 million expansion of 66th Avenue, now a four-lane divided collector road connecting SR 60 and SR 510. The APN is 32390600003000000002.0. This property is situated at 6830 77th St, Vero Beach, FL 32967. The ownership is classified as Development.

Location Insight

City

Vero Beach

County

Indian River

State

Florida

Latitude

27.7278

Longitude

-80.4668

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