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Land For Sale • 4.75 AC
The property features two existing income-producing structures with a pool, currently occupied by two tenants generating $3,600 per month in rental income — providing immediate cash flow to offset carrying costs while a buyer executes their development strategy. The site is zoned RS-3 with an L-1 Future Land Use designation, supporting up to 14 single-family homesites by right with no rezoning or comprehensive plan amendment required. Flat topography and minimal environmental constraints position this parcel for efficient subdivision layout and a streamlined path through Indian River County's entitlement and permitting process. Perfectly suited for single-family subdivision development, a private family compound, or other ancillary residential redevelopment opportunities. The parcel sits within one of Florida's most active national homebuilder corridors, with significant land acquisitions occurring in the immediate area and new home values regularly exceeding $400,000.
| Income in Place, Day One — Two occupied structures with a pool generating $3,600/month in rental income while you plan, permit, and develop. |
| Up to 14 Lots By Right — RS-3 zoning and L-1 FLU deliver maximum residential density with no rezoning and no comp plan amendment |
| Burgeoning Builder Corridor — National homebuilders are actively acquiring land and delivering product within 2 miles |
| Fully cleared with all infrastructure in place, eliminating the time, cost, and uncertainty typically associated with raw land development. |
| Multiple Paths to Value — Subdivide into single-family homesites, develop a private family compound, or pursue other ancillary residential uses. |
| All Reasonable Offers and Terms Considered. Brokers Welcome. |
Brad Kuskin
GoCommercial
Brad Kuskin
GoCommercial
