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    1705 150 Ave Vero Beach, FL 32966

    For Sale
    $10,260,000

    Land - VERO BEACH, FL

    Lot size:
    513.00 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 1705 150 Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A-2
    APN
    33-37-10-00000-1000-00001.0
    Lot size
    513.00 Acres

    Building Details

    Architectural style
    Other

    PEOPLE'S CHOICE REALTY SERVICES LLC (813) 933-0677 [email protected]

    Listing agent Sureka Pothapu (813) 933-0677 License #3416294

    Listing date Oct 8, 2025

    MLS# TB8435870 Listing URL

    Copyright © 2025 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.

    Overview

    Vero Beach Land Investment Opportunity

    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.
    Location Intelligence

    Current Use by Public Records

    Opportunity zone commercial ...

    Map

    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 150 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.
    (813) 933-0677
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    Vero Beach, FL 32966
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1705 150 Ave Vero Beach, FL 32966
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