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Commercial Land at Lighted Intersection
For Sale
$2,200,000

1990 98th Avenue, Vero Beach, FL 32966

Land, Vero Beach, FL

Property SizeContact for details
Lot Size3.48 Acres
Days on Market340

Property Features for 1990 98th Avenue

General Information

Property type Land
Property subtype Other
Zoning ,
Zoning description Commercial
Subdivision Indian River Farms
Lot features Three To Five Acres, Corner Lot
Elementary school district Indian River County Schools
Middle school district Indian River County Schools
High school district Indian River County Schools
Directions Route 60 and 98th AVE SW corner lot
Standard status Active
APN 33380400001009000002.3
Lot size 3.48 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description INDIAN RIVER FARMS COMPANY S/D PBS 2 - 25 SEC 4 TWP 33 RNG 38 TR 9 MORE FULLY DESC AS THE NORTH 312.5 FEET OF THE FOLL COM AT SE COR OF TR 9 TH RUN N89-41-27W A DIST OF 30 FT TO THE W ROW OF 98TH AVE TH RUN N00-15-45E ALONG SAID W ROW FOR A DIST OF 5 81.58
Tax Annual Amount 6440
Legal Description INDIAN RIVER FARMS COMPANY S/D PBS 2 - 25 SEC 4 TWP 33 RNG 38 TR 9 MORE FULLY DESC AS THE NORTH 312.5 FEET OF THE FOLL COM AT SE COR OF TR 9 TH RUN N89-41-27W A DIST OF 30 FT TO THE W ROW OF 98TH AVE TH RUN N00-15-45E ALONG SAID W ROW FOR A DIST OF 5 81.58

Utilities

Water source Public
Listing Agency: Alex MacWilliam, Inc.
Listed By: T.P. Kennedy · License #3377487
Added: Oct 16, 2025 Changed: Sep 16 Last Checked: Sep 19 at 11:06PM
MLS# 292185

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3.48-acre commercial land tract offers 485 feet of frontage along eastbound SR 60 and sits at a lighted intersection. Public water is available, and the site provides a sizable development setting for commercial applications such as retail, fast food, gas, tire, and drive-through concepts.

The property is located 1/4 mile from the I-95 interchange in Vero Beach, with access to a major regional transportation route. New residential development surrounds the corridor, adding nearby growth context for future commercial use.

Key Highlights

  • 3.48‑acre commercial land tract
  • 485 feet of frontage on eastbound SR 60
  • Positioned at a lighted intersection

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

Demographics for 32966, FL

19,724
Population
11,887
Households
1.7
Avg Household Size
62
Median Age
33%
College-Educated
97%
High-School Grad
259.8 sq mi
ZIP Area
76
Density / Sq Mi
$63,144
Median Household Income
$39,945
Median Earnings
$1,442
Median Rent
$264,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with SR 60 frontage at a lighted intersection near the I-95 interchange.
Where is this commercial land located?
The property is located at 1990 98th Avenue Vero Beach, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 3.48‑acre commercial land tract; 485 feet of frontage on eastbound SR 60; Positioned at a lighted intersection
More about this property
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