1705 150TH AVE, Vero Beach, FL 32966

Building Details

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Listing agent Sureka Pothapu License #3416294 Show Phone

Listing office PEOPLE'S CHOICE REALTY SVC LLC c**@pcrshomes.com 4014 Gunn Hwy, Suite 243, Tampa, FL Show Phone

Listing date Oct 8, 2025

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MLS# TB8435870 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Located in Vero Beach, Florida, two contiguous 500-acre parcels offer a rare investment opportunity. The properties feature one mile of frontage on State Highway 60 at the intersection of 154th Avenue, along with 1.5 miles of frontage on paved 154th Avenue. Situated minutes from a major full interchange on Interstate 95 and less than 30 minutes from Vero Beach's beaches, the location provides connectivity for logistics, commercial activity, and residential development. The parcels are currently leased to a sod farm, generating an annual income of $480,000 with yearly escalations. This arrangement provides a revenue stream while the land appreciates in value. The lease structure allows for cash flow and potential tax advantages, positioning the property for long-term capital growth. With frontage on State Highway 60 and proximity to Interstate 95, the properties are suited for rezoning to higher-value uses, including commercial, industrial, or residential projects. Located within a federally designated Opportunity Zone, investors may be eligible for capital gains tax savings. The parcels can be acquired together or separately, providing flexibility for institutional and individual investors. The total lot size is 513 acres.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Vero Beach

County

Indian River

State

Florida

Longitude

-80.623872

Latitude

27.636305

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FAQs

What type of property is this?

Farm - Two large parcels in Vero Beach with highway frontage and income.

Where is this farm located?

The property is located at 1705 150TH AVE Vero Beach, FL.

What is the asking price?

The asking price for this property is $10,260,000.

What are key features of this property?

This property features: Significant Income: Generating $480,000 annually with yearly escalations from a sod farm lease.; Prime Location: Boasting one‑mile frontage on State Highway 60 and minutes from Interstate 95.; Development Potential: Suitable for rezoning to commercial, industrial, or residential uses.