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PRIME DIRECT OCEANFRONT PARCELUS $ 3,995,000 (select currency) |
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1015 & 1035 Gayfeather Lane,
Vero Beach,
FL
32963
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Located in Vero Beach, FL
• Web ID: IRLZ
Location
Gayfeather Lane is located directly on Ocean Drive, between Beachland Boulevard and Old Riomar in Vero Beach, in the heart of the seaside downtown.
Property
Prime direct oceanfront development parcel in the heart of Vero Beach’s Ocean Drive Downtown. Ocean frontage is 180± feet and depth is 350± feet, totaling 1.4± acres. There are three contiguous lots offering the last and largest development opportunity left on the Island in the heart of town. Zoning is RM 10/12, medium and high density multi-family and represents the second highest allowable density in the city. Maximum number of units is 12 per acre allowing for a total of 16 units on the 1.4 acre site.
Structures
There are two structures on the property currently. They are candidates for renovation but have not been occupied in recent years. The direct beachfront residence has magnificent ocean views. It is currently subdivided for use as two separate units. The first floor is an efficiency unit and has two bedrooms and one full bath. The second floor has two bedrooms, one full bath, and a full kitchen. Total square feet is 2,200 +/-.
The adjacent 10 –unit apartment building features one bedroom efficiency apartments along with laundry, storage and maintenance areas.
Opportunity
This is a rare and vanishing opportunity for new construction or development in heart of Vero Beach’s vibrant village by the sea.
Gayfeather Lane is located directly on Ocean Drive, between Beachland Boulevard and Old Riomar in Vero Beach, in the heart of the seaside downtown.
Property
Prime direct oceanfront development parcel in the heart of Vero Beach’s Ocean Drive Downtown. Ocean frontage is 180± feet and depth is 350± feet, totaling 1.4± acres. There are three contiguous lots offering the last and largest development opportunity left on the Island in the heart of town. Zoning is RM 10/12, medium and high density multi-family and represents the second highest allowable density in the city. Maximum number of units is 12 per acre allowing for a total of 16 units on the 1.4 acre site.
Structures
There are two structures on the property currently. They are candidates for renovation but have not been occupied in recent years. The direct beachfront residence has magnificent ocean views. It is currently subdivided for use as two separate units. The first floor is an efficiency unit and has two bedrooms and one full bath. The second floor has two bedrooms, one full bath, and a full kitchen. Total square feet is 2,200 +/-.
The adjacent 10 –unit apartment building features one bedroom efficiency apartments along with laundry, storage and maintenance areas.
Opportunity
This is a rare and vanishing opportunity for new construction or development in heart of Vero Beach’s vibrant village by the sea.
Property features:
Premier Estate Properties, Inc.
Company: 561.394.7700
Office: 866.220.3072
Agent: Clark French
Direct: 772.321.0683
MLS #: V125058
Fair Housing and Equal Opportunity