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$1,100,000
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Property Description
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.
Full Property Details
Full Property Details for 4355 38th Ave
General
- Price: $1,100,000
- Taxes: $2,557 (2025)
- Status: Active
- Type: Lots/Land
- Source: Regional
- MLS ID: RX-11142752
- Updated: 1/5/2026
- Added to Site: 57 day(s) ago
Location
- Area: Other Geographic Area
- County: Indian River
- Development Name: Future Residential
- Subdivision: North Central Vero Beach.
- Driving Directions: Johnston Rd and 43rd Ave SW to 38th Ave in Gifford 20 min (11.9 mi) Merge onto FL-614/Indrio Rd 1.0 mi Turn left onto Johnston Rd 2.5 mi Continue onto 43rd Ave SW 7.7 mi Turn right onto 41st St 0.4 m
- Location Details: City
School Information
- Elementary School: Dodgertown Elementary School
- Middle School: Gifford Middle School
- High School: Vero Beach High School
Community
- Home Owners Assn.: None
Utilities
- Utility Description: Cable, Electric, Municipal Sewer, None, Public Water
- Onsite: None
Structural Information
- Architectural Style: Vacant Land
- Description/Design: Commercial, Multi-Family Med Den, Single Family
Lot Features
- Property View: Lagoon, Pond
- Lot Size (Acres): 6.68
- Lot Size (Sq. Ft.): 290,981
- Lot Size: 440 x 600
- Dimensions Front: 440
- Lot Depth: 600
- Street/Road Desc.: Paved
- Grounds/Landscape: Brush
- Development Status: Undeveloped
- Land Improvements: None
- Potential Use: Commercial Land, Unimproved Multi-Fam, Unimproved Sing Fami
- Trees/Vegetation: Other
- Zoning: RM-10
- Lot Description: 5 to 10 Acres, Public Road, Treed Lot, West of US-1
Water Features
- Water View: Yes
Financial Considerations
- Price Per Acre: $164,670.66
- Tax Amount: $2,557.57
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Corporate Owned
- Documents Avail.: Aerial
- Legal Description: ''''''W1/2 OF NE1/4 OF NW1/4, LESS N 735 FT &LESS S 165 FT (OR BK 468 PP 255)''''''
- APN: 32392700000300000018
Listed by LoKation
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Schools
Schools serving 4355 38th Ave
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Dodgertown Elementary School 4350 43rd Avenue, Vero Beach, FL 32967 | PK-5 | 0.2 mi |
Gifford Middle School 4530 28th Court, Vero Beach, FL 32967 | 6-8 | 0.7 mi |
Vero Beach High School 1707 16th Street, Vero Beach, FL 32960 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4355 38th Ave
Date
Details
Price
Change
Source
11/21/2025
Listed
$1,100,000
141.76%
MLS
6/25/2004
Sold
$455,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4355 38th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,558
14%
$153,306
11%
2024
$2,247
2%
$137,975
—
2023
$2,194
9%
$137,975
12%
2022
$2,018
-2%
$122,645
—
2021
$2,066
-5%
$122,645
—
2018
$2,183
-2%
$122,645
—
2017
$2,229
-1%
$122,645
—
2016
$2,248
-4%
$122,650
—
2015
$2,333
8%
$122,650
—
2019
$2,164
-1%
$122,645
6%
2014
$2,182
1%
$115,430
1%
2013
$2,169
—
$114,230
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4355 38th Ave
4355 38th Avenue, Vero Beach, FL 32967 (MLS# RX-11142752) is a Lots/Land property with a lot size of 6.68 acres. 4355 38th Avenue is currently listed for $1,100,000 and was received on November 21, 2025. Want to learn more about 4355 38th Avenue? Do you have questions about finding other Lots/Land real estate for sale in Vero Beach? You can browse all Vero Beach real estate or contact a Coldwell Banker agent to request more information.

