Lot/land

$4,500,000

8655 12th Street, Vero Beach, FL 32966

--beds

--baths

29.31Acres

Unimproved Land

Built in ----

29.31 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Rare offering of 30+/- acres with residential multifamily zoning in place (RM6). Prime location enveloped by developments in a corridor of tremendous growth, minutes to the new Oslo Road I-95 Interchange (under construction) and the 82nd Avenue road project, with convenient access to SR60 and I-95. Water, sewer and electric nearby. Listing includes 8575 12th Street for a total of two parcels.

717 days

21

0

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Features

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

Lot

Size: 29.31 Acres
Dimensions: 975 x 1300
Features: Rural Lot
Residential vegetation: Oak, Pine

Details

Additional structures: None
Parcel number: 333811000010110000010
Zoning: RM-6
Horses can be raised: Yes

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: Indian River Farms Co Sub

HOA

Has HOA: No

Location

Region: Vero Beach

Financial & listing details

Tax assessed value: $830,450
Annual tax amount: $13,764
Date on market: 7/29/2024
Cumulative days on market: 717 days
Listing terms: Cash
Electric utility on property: Yes
Road surface type: Dirt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/20/2025	Listed for sale	$4,500,000
Source: Realtor Association of Indian River County #280034 Report a problem
3/20/2025	Contingent	$4,500,000+15.4%
Source: Realtor Association of Indian River County #280034 Report a problem
9/19/2024	Pending sale	$3,900,000
Source: Space Coast AOR #1020747 Report a problem
9/19/2024	Contingent	$3,900,000
Source: Realtor Association of Indian River County #280034 Report a problem
7/26/2024	Listed for sale	$3,900,000+875%
Source: Realtor Association of Indian River County #280034 Report a problem
3/23/2004	Sold	$400,000+263.6%
Source: Public Record Report a problem
8/17/2000	Sold	$110,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,986 +7.6%	$534,980 -35.6%
2024	$9,278 +4.5%	$830,450
2023	$8,880 +33.7%	$830,450 +66.7%
2022	$6,644 +10.5%	$498,270 +20%
2021	$6,014 +13.6%	$415,225 +25%
2020	$5,293	$332,180
2019	$5,293 -2.8%	$332,180
2018	$5,444 -2.5%	$332,180
2017	$5,583	$332,180
2016	$5,583 -0.9%	$332,180
2015	$5,633 -3.9%	$332,180 +6.3%
2014	$5,863	$312,640 +5.3%
2013	--	$297,010
2012	$5,135 +0.1%	$297,010
2011	$5,131 -0.3%	$297,010
2010	$5,149 -15.5%	$297,010 -20%
2009	$6,096 -11.8%	$371,260 -16.7%
2008	$6,911 -2.5%	$445,510 -1.3%
2007	$7,088	$451,370 -9.4%
2006	--	$498,270 +66.7%
2005	--	$298,960
2004	--	$298,960 +63.6%
2003	--	$182,700

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified