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7250 US Highway 1 - 8.36 AC U.S. HWY 1 DEVELOPMENT SITE 8.36 Acres of Commercial Land Offered at $1,200,000 in Vero Beach, FL 32967

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PROPERTY FACTS

Price $1,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Strip Center
Total Lot Size 8.36 AC
Zoning CL - Commercial Light

1 LOT AVAILABLE

Lot

Price $1,200,000
Price Per AC $143,540.67
Lot Size 8.36 AC

DESCRIPTION

FEATURES: - SELLER FINANCING AVAILABLE! - Potential for Over 80 Multi-Family Units with Live Local Act! - Strong Development Sector within Close Proximity to Projects Such as 148 Assisted Living Facility, 176 Multi-Family Development, and over 1,000 Single Family Units Planned for Development within a 5 Mile Radius. - CL Zoning Permits Uses Such as Hotels, Grocery Stores, Restaurants (Excluding Drive-Thru’s), Medical Facilities, Office Buildings, and Most Retail Uses! - Existing Billboard in Use and On Premises! - Preliminary Feasibility Work Performed Including Soil Tests, Environmental Assessment, and Limited Engineering Studies. LAND SIZE: 8.36 Acres with Approx. 580 Ft. of Frontage on US Hwy 1 R.E. TAXES: $8,349.49 (2025) ZONING: (CL) Commercial Light TRAFFIC COUNT: 26,393 AADT (2024) UTILITIES: Water & Sewer Available. FPL Electric PRICE: $1,200,000

  • Listing ID: 35444337

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: 7250 US Highway 1, Vero Beach, FL 32967

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