$1,099,000
$91K PRICE DROP

555 Old Dixie Hwy Vero Beach, FL 32962

Estimated payment $6,192/month

Total Views 3,998
4.37 Acres
$251,487 Price per Acre
190,357 Sq Ft Lot

Highlights

  • 4.37 Acre Lot
  • Vero Beach High School Rated A-
  • Views

About This Lot

4.37 (+/-) acres zoned RM-6 in the heart of Vero Beach! This property is located just north of 4th Street, along the west side of Old Dixie Highway with 180 (+/-) feet of direct paved road frontage. The zoning of RM-6 allows six residential units per acre, or 26 total units. A great opportunity for a builder or developer. Owner will listen to any reasonable offer. Multiple residential development scenarios are available for this property.

Listing Agent

Mark Moore

IRRE Group Brokerage Phone: 772-410-4115 License #3187505 Listed on: 04/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,035

Lot Details

  • 4.37 Acre Lot
  • Few Trees

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Not Available

Additional Features

  • Property Views

Community Details

  • Malaluka Gardens Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 13
  • Assessor Parcel Number 33391300000300000006.0

Property Details

Property Type

Land

Est. Annual Taxes

$4,035

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.37
  • Road Surface Type: Paved
  • Subdivision Name: Malaluka Gardens
  • Directions: North of 4th Street, west side of Old Dixie
  • Attribution Contact: 772-410-4115
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 3-5 Acres, Few Trees
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Not Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Storm Drain(s)
  • Association Name: N/A

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 190357.0
  • Number Of Lots: 1
  • Parcel #: 33391300000300000006.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4035.0
  • Tax Block: 13
  • Tax Lot: 1
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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ICE

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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,986 $278,588 $278,588 --
2023 $3,986 $278,588 $278,588 $0
2022 $4,015 $278,588 $278,588 $0
2021 $2,611 $185,725 $185,725 $0
2020 $2,360 $159,724 $159,724 $0
2019 $2,313 $159,724 $159,724 $0
2018 $2,034 $130,008 $130,008 $0
2017 $1,841 $111,435 $0 $0
2016 $1,859 $111,440 $0 $0
2015 $1,936 $111,440 $0 $0
2014 $1,800 $104,880 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $1,099,000 -7.6% --
04/15/2025 04/15/25 For Sale $1,190,000 +266.2% --
11/10/2021 11/10/21 Sold $325,000 -18.8% --
10/11/2021 10/11/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $400,000 -- --
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $925,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $693,750 Purchase Money Mortgage
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 287312

APN: 33-39-13-00000-3000-00006.0