An exceptional opportunity awaits developers in the vibrant Vero Beach market. This 0.88-acre parcel is fully entitled for a high-end condominium project approved under the Somerset Bay development plan. The offering includes design provisions for two six-unit buildings, accommodating a total of 12 residential units, each with an anticipated 3,280 square feet of conditioned living area. Complete architectural, structural, civil, and landscape drawings have been finalized and meet the rigorous 2023 Florida Building Code requirements. All safety egress elements are embedded within the design, enabling streamlined construction timelines. Positioned between the Indian River and the Atlantic Ocean, the property offers both tranquil inland waterway vistas and close proximity to the beach. A dedicated beach easement to the Atlantic and secure rights to a day dock on the Intracoastal add lifestyle value that distinguishes this site from standard ocean-adjacent parcels. Accessibility to key corridors such as Highway A1A enhances connectivity while preserving the coastal character. For investors or developers seeking a rare, shovel-ready luxury residential project, this listing combines prime location, approved entitlements, and architectural excellence to drive swift execution and premium market appeal.