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3850 16th St - ±20.75 Acre Redevelopment Site 105,497 SF Specialty Building Offered For Sale in Vero Beach, FL 32960
Investment Highlights
- ±20.75-acre site centrally located in Vero Beach with extensive redevelopment potential.
- Convenient access to U.S. Route 1 and Interstate 95 for regional and state connectivity.
- Close proximity to retail centers, healthcare, Vero Beach Airport, and cultural attractions.
- Improved with ±105,497 SF of existing structures offering immediate utility.
- Surrounding land uses support residential and potential mixed-use redevelopment (subject to approvals).
- Located in growing Indian River County, offering a pro-business environment and stable demand drivers.
Executive Summary
This exceptional ±20.75-acre redevelopment opportunity is located in the heart of Vero Beach along 16th Street, providing immediate development potential within one of Florida’s most desirable coastal communities. Currently improved with ±105,497 SF of existing buildings and well-established infrastructure, the property’s large land parcel allows for adaptive reuse or full-scale redevelopment, subject to approvals.
The site features convenient access to U.S. Route 1 and Interstate 95, ensuring strong regional connectivity while benefiting from proximity to local amenities, healthcare facilities, schools, and vibrant residential neighborhoods. Surrounding land uses include residential low- and medium-density zoning (up to 12 units per acre), presenting flexibility for potential mixed-use, residential, or institutional projects.
Positioned near major employers and retail hubs, the property also offers a strong demographic profile and steady local demand drivers. Located within Indian River County, a market known for balanced growth, appealing tourism, and a business-friendly climate, this parcel represents a rare opportunity to create a distinctive development in a high-quality environment.
The site features convenient access to U.S. Route 1 and Interstate 95, ensuring strong regional connectivity while benefiting from proximity to local amenities, healthcare facilities, schools, and vibrant residential neighborhoods. Surrounding land uses include residential low- and medium-density zoning (up to 12 units per acre), presenting flexibility for potential mixed-use, residential, or institutional projects.
Positioned near major employers and retail hubs, the property also offers a strong demographic profile and steady local demand drivers. Located within Indian River County, a market known for balanced growth, appealing tourism, and a business-friendly climate, this parcel represents a rare opportunity to create a distinctive development in a high-quality environment.
Property Facts
| Sale Type | Investment | Lot Size | 20.75 AC |
| Sale Condition | Redevelopment Project | Building Size | 105,497 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | School | Year Built | 2001 |
| Building Class | C | ||
| Zoning | R-1 - Government Use, surrounding Land Use is RL and RM, Residential Low and Residential Medium 6-12 units per acre. | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 20.75 AC |
| Building Size | 105,497 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Zoning | R-1 - Government Use, surrounding Land Use is RL and RM, Residential Low and Residential Medium 6-12 units per acre. |
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Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 33-39-03-00001-0140-00011.0 | Improvements Assessment | $3,159,230 |
| Land Assessment | $705,500 | Total Assessment | $3,864,730 |
Property Taxes
Parcel Number
33-39-03-00001-0140-00011.0
Land Assessment
$705,500
Improvements Assessment
$3,159,230
Total Assessment
$3,864,730
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3850 16th St - ±20.75 Acre Redevelopment Site
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