$2,100,000

Estimated payment $12,168/month

Total Views 3,012
0.3 Acre
$7,000,000 Price per Acre
13,068 Sq Ft Lot

About This Lot

Prime Central Beach Major Investment Redevelopment Opportunity! Rarely available 5-unit apartment building located East of A1A at the corner of Bougainvillea Lane and Eagle Drive — just two blocks from the ocean. Walk to Ocean Drive’s shops, dining, and entertainment, including the Ocean Grill, Driftwood Inn, and Riverside Park. This well-maintained property features five income-producing units with an on- site laundry room and annual tenants. Property also presents a prime redevelopment opportunity for greater return. Also Listed as a Multifamily MLS#291588.

Listing Agent

Moe Mossa

Savvy Avenue LLC License #3432985 Listed on: 12/08/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,464

Lot Details

  • 0.3 Acre Lot

Utilities

  • Well
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • Vero Beach Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 71 / 4
  • Assessor Parcel Number 32403200006004000071.0X

Property Details

Property Type

Land

Est. Annual Taxes

$13,464

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Subdivision Name: Vero Beach Estates
  • Directions: East on Beachland Blvd, South to Bougainvillea Ln, East to Eagle Dr. Bldg is at Northeast corner of Bougainvillea & Eagle Dr.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: < 1/4 Acre
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Connected
  • Utilities: Cable Available
  • Water Source: Connected, Public, Well

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s), Sidewalks
  • Association Name: None

Lot Info

  • Current Use: Other
  • Lot Size Sq Ft: 13000.0
  • Number Of Lots: 1
  • Parcel #: 32403200006004000071.0X
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 13464.0
  • Tax Block: 4
  • Tax Lot: 71
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $2,100,000 0.0% --
04/25/2022 04/25/22 For Rent $3,400 +41.7% --
04/25/2022 04/25/22 Rented $2,400 -- --
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 293233

APN: 32-40-32-00006-0040-00071.0