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98th Avenue
Vero Beach, FL 32966

$7,645,500 USD

Land For Sale  •  50.97 AC

Property Details

  • Property Type Land
  • Lot Size 50.97 AC
  • Zoning (A-1)
0 Transit Score
6 Walk Score

Description

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)
Ron Lambert 772-778-2334 Lambert Commercial Real Estate, Inc
Ron Lambert 772-778-2334 Lambert Commercial Real Estate, Inc