555 Old Dixie Hwy Vero Beach, FL 32962
Estimated payment $5,586/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,106 | $278,588 | $278,588 | -- |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/14/2025 10/14/25 | Price Changed | $999,000 | -9.1% | -- | |
| 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% | -- | View Prior Sale |
| 10/11/2021 10/11/21 | Pending | -- | -- | -- | |
| 04/23/2021 04/23/21 | For Sale | $400,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $925,000 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $70,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $693,750 | Purchase Money Mortgage |
Source: REALTORS® Association of Indian River County
MLS Number: 287312
APN: 33-39-13-00000-3000-00006.0
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