Excellent development opportunity with 82nd Ave frontage as well as access from 12th & 8th Streets! Potential for 5 acre tracts or location can be subdivided into a residential community pending county zoning approval. Two miles from new 95 and Oslo exit being built. Also close to 95 Vero exit and upcoming Publix on 82nd Ave and Hwy 60. See attachments for full property outline and description. See also MLS #267697 for adjacent land opportunity
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Paradise
Office Phone: (772) 231-4880
Listing Agent: Chase J Mariposa, Jeff Luther
Exterior Features
Exterior Information:
View: Other
Lot Features
Lot Information:
Lot: Split Possible, Few Trees
Lot Size: 43.34 Acres
Other
Directions Information:
Directions: 82nd Ave between 8th and 12th St
Price Information
Listing Price Info
Price Summary:
List Price: $7,310,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Vero Beach, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$36.5K
Per Month
Principal & Interest
$36.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$21.9K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Glendale Elementary School
4940 8th St
Distance between this listing and this school3.51 miles
Public District Grades PK-5
8
/10
Rosewood Magnet School
3850 16th St
Distance between this listing and this school4.35 miles
Public Magnet Grades KG-5
5
/10
Citrus Elementary School
2771 4th Pl
Distance between this listing and this school4.91 miles
Public District Grades PK-5
Nearby Schools
6
/10
Imagine at South Vero
6000 4th St
Distance between this listing and this school2.66 miles
Public Charter Grades KG-8
3
/10
Oslo Middle School
480 20th Ave SW
Distance between this listing and this school5.76 miles
Public District Grades 6-8
4
/10
Storm Grove Middle School
6400 57th St
Distance between this listing and this school5.99 miles
Public District Grades 6-8
Nearby Schools
7
/10
Indian River Charter High School
6055 College Ln
Distance between this listing and this school2.77 miles
Public Charter Grades 9-12
5
/10
Vero Beach High School
1707 16th St
Distance between this listing and this school5.60 miles
Public District Grades 9-12
1
/10
Alternative Center for Education
1426 18th St
Distance between this listing and this school5.88 miles
The neighbors living near this home have an average income of $52,592. Most Vero Beach, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8140 8th St
What is the listing price of this property?
The listing price of 8140 8th St property is $7,310,000.
What type of property is this?
The property 8140 8th St is land located in Vero Beach, Florida, 32966.
Is this property for sale now?
Active Listing: 8140 8th St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8140 8th St in Vero Beach, FL and zip code 32966. This home sits on a 43.34 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $7,310,000.
In November 2024, from all listings sold in Vero Beach, FL there were more than 16 sold above asking price, over 128 sold below and more than 40 were sold right at the asked price. The number of listings in Vero Beach, FL increased by 11.3% between October 2024 and November 2024. In November 2024, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $413,810.
From Rocket Homes Real Estate and based on county public records data.
PGA/LPGA
PGA/LPGA
Figure Skating
NASCAR
Stein Mart
Dick's Sporting Goods
Old Navy
Bob Evans
Arbys
Jimmy Johns
Lincoln
Buick
GMC
News/Talk/Information
Adult Standards