Lot/land

$2,350,000

5435 45th St, Vero Beach, FL 32967

--beds

0baths

12Acres

Unimproved Land

Built in ----

12 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Heavy Industrial zoning allows for a wide range of intensive industrial and commercial uses which are becoming increasingly limited throughout the county. Substantial 12-acre IOS site ideally located minutes from the expanding Vero Beach Regional Airport and industrial corridor. Easy access to US-1, SR-60, and I-95 for distribution. Growing aviation, logistics, and contractor activity in the area continues to strengthen demand for IOS sites. Ideal for contractors, fleets, logistics, and industrial users. Eligible for the Opportunity Zone 2.0 program in 2027.

96 days
34
3

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Property

Features

Has view: Yes
View description: Other
Waterfront features: None

Lot

Size: 12 Acres
Features: 10-20 Acres

Details

Parcel number: 32392800001004000001.2
Zoning: , IG
Zoning description: Industrial

Utilities & green energy

Sewer: Septic Tank
Water: Connected, Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Other, Storm Drain(s)
Subdivision: Indian River Farms

HOA

HOA name: N/A

Location

Region: Vero Beach

Financial & listing details

Tax assessed value: $584,322
Annual tax amount: $11,064
Date on market: 5/14/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,931/mo

Price history

Date	Event	Price
5/27/2026	Listed for sale	$2,350,000+25.3%
Source: Realtor Association of Indian River County #297635 Report a problem
5/14/2026	Listing removed	$1,875,000
Source: BeachesMLS #F10539259 Report a problem
3/17/2026	Price change	$1,875,000-10.7%
Source: BeachesMLS #F10539259 Report a problem
3/10/2026	Price change	$2,100,000+12%
Source: BeachesMLS #F10539259 Report a problem
2/18/2026	Listed for sale	$1,875,000+56.3%
Source: Realtor Association of Indian River County #295200 Report a problem
7/13/2023	Sold	$1,200,000+140%
Source: Public Record Report a problem
10/21/2005	Sold	$500,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,064 +4.6%	$584,322 +0%
2024	$10,576 +3%	$584,114 +0.6%
2023	$10,272 -1%	$580,658 +0.6%
2022	$10,375 +1.2%	$577,391 +2.6%
2021	$10,249 -2.3%	$562,728 -2.2%
2020	$10,495	$575,155 -0.6%
2019	$10,495 -2.3%	$578,594 +1.8%
2018	$10,739 +1.6%	$568,613 -0.4%
2017	$10,568	$571,118 +9.4%
2016	$10,568 +1.4%	$521,920 -0.3%
2015	$10,419 -3.5%	$523,250 +7%
2014	$10,802	$489,100