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Last updated on December 10th, 2024

51 - 76.56 Acres Industrial / Multi-Family

$7,645,500

1890 98th Avenue, Vero Beach, Florida 32966


Land Size50.97 Acres
Zoning(A-1) Agricultural District
WaterCounty
ElectricFPL

FEATURES:

  • Located in an Opportunity Zone!
  • Northern Approx. 50.97 acres in Com/Ind Land Use
  • Southern Approx. 25.59 acres in Multi-Fam Land Use
  • Current use is for Air Plane Hangers and Airstrip
  • Two Artesian wells! #1= 8-10 inch, #2 = 4 inch.
  • FPL and Gas easements along East boundary

LAND SIZE: 76.56 Acres, owner may Sell North 50.97 acres separately.
BUILDINGS: 9,900 SF Year Built 1973, 32,000 SF Year Built 1973
ZONING: (A-1) Agricultural District, County claims this property may be re-zoned to Industrial or Commercial or Multi-Family 10 Units per acre if the “Live Local Act” is utilized and Developer builds at least 40% in affordable housing.
R.E. TAXES: $16,395.35 (2023)
UTILITIES: County Water & Sewer Available. FPL Electric
SALE PRICE: Entire Property $10,800,000 ($141,066 Per Acre)
50.97 Acres $7,645,500 ($150,000 Per Acre)


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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