Share This Listing

Message

928 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1890 98th Ave - 76.56 ACRES INDUSTRIAL / MULTI-FAM 76.56 Acres of Industrial Land Offered at $10,800,000 in Vero Beach, FL 32966

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Current use is Air Plane Hangers and Airstrip

EXECUTIVE SUMMARY

Current use is Air Plane Hangers and Airstrip

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $10,800,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Multifamily
  • Airplane Hangar
  • Airport
Total Lot Size 76.56 AC
Opportunity Zone Yes
Zoning A-1 - Agricultural -1 District

1 LOT AVAILABLE

Lot

Price $10,800,000
Price Per AC $141,065.83
Lot Size 76.56 AC

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)

  • Listing ID: 25229796

  • Date on Market: 3/11/2022

  • Last Updated:

  • Address: 1890 98th Ave, Vero Beach, FL 32966

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}