Listing Summary
ONE Sotheby’s International Realty is pleased to present a rare closeout development opportunity within the prestigious Avalon Beach community. This offering consists of the final 14 undeveloped parcels, totaling approximately 64,904 square feet of prime residential land.
Full Description
Exclusive Opportunity: The Final 14 Residential Lots in a Luxury Coastal Enclave
ONE Sotheby’s International Realty is pleased to present a rare closeout development opportunity within the prestigious Avalon Beach community. This offering consists of the final 14 undeveloped parcels, totaling approximately 64,904 square feet of prime residential land.
Nestled in a secluded paradise on Hutchinson Island, these lots are uniquely positioned between the turquoise waters of the Atlantic Ocean and the scenic Inter-coastal Waterway. Bordered by Avalon State Park and protected conservation lands, this is a "last-of-its-kind" chance to develop in a stable, high-wealth enclave defined by privacy and natural beauty.
The Development Potential: Build-to-Suit Luxury
This closeout includes the remaining 14 lots out of the original 36-lot master plan. These parcels are strategically located on the West/Bay side of the community, offering a serene environment for high-end residential construction.
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Zoning: PUD (Planned Unit Development)
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Lot Dimensions: Optimized footprints ranging from 40x90 to 50x90.
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Vertical Potential: Flexibility to develop luxury residences up to three stories in height.
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Existing Market Comps: Current homes in Avalon Beach feature expansive 4-to-7-bedroom floor plans (2,587 SF – 4,984 SF), with market valuations ranging from $1,675,000 to $2,250,000.
Unrivaled Barrier Island Location
Hutchinson Island is renowned as a premier destination for second and third-home buyers. The area is characterized by gated oceanfront estates and a sophisticated yet relaxed "Old Florida" atmosphere.
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Secluded Privacy: Located 1/4 mile south of the Indian River County line, ensuring a quiet retreat away from heavy tourism.
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Proximity to Vero Beach: Enjoy world-class performing arts theaters, fine dining, and boutique shopping in Vero Beach, located just minutes away.
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Connectivity: Easy access to regional healthcare facilities, private and commercial airports, and the I-95 corridor for statewide travel.
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Natural Amenities: Immediate access to white sandy beaches and the recreational opportunities of the Indian River Lagoon.
Investment & Operational Highlights
For the developer or private investor, this portfolio represents a low-inventory opportunity in a high-demand submarket.
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Scarce Inventory: These are the final 14 lots available in a nearly completed community.
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Low Holding Costs: The HOA fee is exceptionally competitive at just $288 per month.
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Affluent Demographics: The region continues to attract high-net-worth individuals from across the U.S., seeking stability and a tax-friendly Florida lifestyle.
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Surrounding Value: The proximity to state-protected conservation land ensures that the "secluded paradise" feel of the community will never be encroached upon by future high-density projects.
Property Summary Details
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Property Type: Residential Land (Subdivision Closeout)
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Total Acreage: ±1.49 Acres (64,904 SF)
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Location: Avalon Beach, Hutchinson Island, FL
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Status: The Last 14 Lots Available
Quick Glance
- Listing ID:
CL-Florida-26330
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
64,904.00 Acre