76.56 Acres Industrial / Multi-Fam
1890 98th Avenue : Vero Beach, FL 32966
Indian River County, Florida
Property 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)
