8624 63rd Ave, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot182,952 sqft

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About this home

8624 63rd Ave is a home Vero Beach. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

MULTIFAMILY RESIDENTIAL DEVELOPMENT OPPORTUNITY | 4.20± ACRES | VERO BEACH *All offers will be considered* Excellent opportunity to acquire 4.20± acres (182,952± SF) of residential development land at 8624 63rd Avenue and 6265 86th Place in Vero Beach, Florida. Zoned RM-6 (Multiple-Family Residential), the property allows a maximum density of up to 6 units an acre, providing the potential for approximately 25 residential units, subject to site plan approval and all county requirements. The property presents an attractive opportunity for multifamily developers, residential builders, and land investors seeking development-ready zoning in the growing Vero Beach market. RM-6 zoning supports multifamily residential development and provides flexibility for a variety of housing concepts including foster care and other similar facilities as allowed by the city and the state. Located near established and newer residential communities, the site benefits from convenient access to US Highway 1 and major area thoroughfares, providing connectivity to shopping, schools, employment centers, recreation, and everyday services throughout IRC River County. Vero Beach's barrier island, beaches, dining, and coastal amenities are also within convenient reach.

The essentials

On market
54 days
Annual tax
$1,752
Flood zone
X · Low risk
Lot
182,952 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$2,066/mo
Down payment (20%)
$67,200
Property taxes
$146/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
182,952 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
54
Flood Zone X
Annual Tax (2025)
$1,752
Parcel #
31392900000500000045.0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Indian River
MLS Area
32967 - Vero Beach
Lot Size
182,952 sqft

Price history

Date
Event
Price
8/24/2026
Listed for sale
Source: Stellar MLS #O6436195
$336,000

Neighborhood

8624 63rd Ave
Vero Beach, FL, 32967 · 32967 - Vero Beach

Calculator

Est. monthly payment
$2,066/mo
Principal & interest$1,752
Property taxes$146
Insurance$168
Down payment20% · $67,200
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$336,000

Time on market

54 days

Monthly payment

About $2,066/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,752 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byTOTAL R E CONSULTANTS INCListing agent: Joe PelayoListing data from Stellar MLS, MLS# O6436195.

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