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4355 38th Avenue, 
Vero Beach, FL 32967

$1,100,000


Bed


Bath


-

Sq Ft


6.68

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Christian Rockwell

Allison Poole

Lokation

Last updated:

January 6, 2026, 03:50 PM

MLS#

R11142752

Source:

RMLS

About This Land

4355 38th Avenue

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. Water and sewer services are readily available through the city, ensuring a smooth transition for the implementation of utilities. While the existing internal roads may require development, the presence of perimeter roads adds convenience and accessibility to the site. For developers looking to streamline the due diligence process, this property comes fully entitled for the proposed use of multifamily residential development. This eliminates potential hurdles and accelerates the timeline for construction, providing a valuable head start. In summary, this property presents an excellent location for multifamily residential development. With its proximity to the beach, convenient access to the airport, and the potential for re-zoning or affordable housing options, it is a compelling opportunity for developers seeking a prosperous venture. Don't miss out on the chance to shape a vibrant community in this highly sought-after area!

Land Facts

Description/Design:

Land

Lot Size (Acres)

6.68

MLS #:

R11142752

Last Updated:

January 6, 2026, 03:50 PM

Added:

1 month(s) ago


Finances & Disclosures

Finances

Price:

$1,100,000

Source:RMLS
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.