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Property Description
MULTIFAMILY RESIDENTIAL DEVELOPMENT OPPORTUNITY | 4.20± ACRES | VERO BEACH 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.
Full Property Details
Full Property Details for 8624 63rd Ave
General
- Price: $336,000
- Taxes: $1,751 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6436195
- Updated: 8/24/2026
- Added to Site: 2 day(s) ago
Location
- Area: 32967 - Vero Beach
- County: Indian River
- Development Name: 32967 - Vero Beach
- Driving Directions: FL-408 E, FL-528 E, Merge I-95 towards Miami, exit 156 for Co Rd 512 towards Fellsmere/Sabastian, toward 85th St, Turn on 63rd Ave in the Wabasso/northern Vero Beach
Community
- Community Name: 32967 - Vero Beach
Utilities
- Sewer: Septic Needed
- Water: None
- Utility Description: Electrical Nearby
Lot Features
- Lot Size (Acres): 4.2
- Lot Size (Sq. Ft.): 182,952
- Lot Size: 4.2
- Street/Road Desc.: Other
Financial Considerations
- Price Per Acre: $80,000
- Tax Amount: $1,751.51
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG AT NE COR OF SE 1/4 OF SW 1/4; TH W 335.32 FT; TH N 186.8 FT; TH W 335.62 FT ; TH S 76.92 FT; TH E 130 FT; TH S 110 FT; TH E 20 FT; TH S 225 FT; TH W 150 FT; TH S 111.8 FT; TH E 300 FT; TH S 150 FT ; TH W 300 FT; TH S 36 FT; TH E 225 FT; TH S 150 FT; TH E 233.76 FT; TH N 210 FT; TH E 210 FT MORE/LESS TO E LINE OF SE1 /4 OF SW1/4, TH N ALONG SAID E LINE TO POB LESS FOLL DESC PARC: COM AT NE COR OF SE1/4 OF SW1/4; TH W 500.65 FT;TH S 32 FT TO POB: TH CONT S 304.8 FT; TH E 280 FT; TH N 304.68 FT; TH W TO POB & ALSO LESS FOLL DESC PCL; COM AT NE COR OF SE 1/4 OF SW 1/4 OF SEC 29-31-39; RUN W 3
- Flood Zone Info: X
- APN: 31392900000500000045
- Property ID: 31392900000500000045
Listed by Total R E Consultants Inc
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Schools
Schools serving 8624 63rd Ave
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Pelican Island Elementary School 1355 Schumann Drive, Sebastian, FL 32958 | PK-5 | 0.9 mi |
Storm Grove Middle School 6400 57th Street, Vero Beach, FL 32967 | 6-8 | 3.6 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8624 63rd Ave
Date
Details
Price
Change
Source
8/24/2026
Listed
$336,000
-58%
MLS
4/18/2006
Sold
$800,000
—
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 8624 63rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,752
18%
$121,678
40%
2024
$1,481
3%
$86,913
—
2023
$1,439
14%
$86,913
25%
2021
$1,259
-9%
$69,530
-20%
2022
$1,384
38%
$86,913
67%
2018
$1,002
-13%
$52,148
-9%
2019
$1,155
14%
$57,363
10%
2017
$1,011
—
$52,148
—
2016
$1,011
-3%
$52,150
—
2015
$1,042
7%
$52,150
6%
2014
$978
5%
$49,080
5%
2013
$935
—
$46,630
—
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 8624 63rd Ave
8624 63rd Avenue, Vero Beach, FL 32967 (MLS# O6436195) is a Lots/Land property with a lot size of 4.2 acres. 8624 63rd Avenue is currently listed for $336,000 and was received on August 24, 2026. Want to learn more about 8624 63rd 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.

