1205 11th Avenue, Vero Beach, FL 32960

$3,300,000
List Price
$3,300,000
Days on Market
81
MLS#
RX-10542077
Status
ACTIVE
Lot Size
347,520
Subtype
Single Family Detached
County
Indian River
Community
Preston Estates
Subdivision
Preston Estates

Property Description

**Completely developed land available** Preston Estates is 8 acres and is comprised of fully developed lots for 54 Duplex Units (26 buildings) and 1 Single Family Home. The project has site-work already started and underground piping is being installed now. There is an estimated completion date of December 2019 for the development. This development offers the perfect product for the Vero Beach area. The plan is to offer new construction housing units for under $300,000. The neighborhood is located within 3 minutes to the Vero Mall, 20 minutes to the Outlets, 2 minutes to Vero Beach High and Vero Beach Elementary Schools, only 10 minutes to the beach and is less than 20 min east of i95. Vero Beach development has been on the rise with many commercial sites along Highway 60 being developed and occupied by Anchor tenants like Wal-Mart, Chick-Fil-A and Outback just to name a few. The area has increasing demand for new construction housing.

Additional Information

Front Exposure
S
Total Unitsin Bldg
2
Lot Description
5 to 10 Acres, West of US-1
Taxes
$7,624
Total Unitsin Bldg
2
Acres
7.97796143251
Lot Description
5 to 10 Acres, West of US-1
Price Per Acre
17946067471.2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Chris Allen Realty.

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