Vero Beach Acreage
For Sale
Contact for pricing
98th Ave., Vero Beach, FL 32966
76.56 acres suitable for commercial, industrial, or multi-family development.
Property Size41,900 SF
Lot Size76.56 Acres
Price / SF$182.47
Days on Market775
Property Features for 98th Ave.
General Information
Standard status
Active
Size
41,900 SF
Lot size
76.56 Acres
Property subtype
Land
Zoning
(A-1) Agricultural District
Listing Agency:
Lambert Commercial Real Estate Inc
(772) 778-2334
Listed By:
Ron Lambert · License #FL 531778
Source:
Crexi
Added: Jul 8, 2024
Changed: Aug 17
Last Checked: Aug 14 at 5:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lambert Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
This 76.56-acre property is located in an Opportunity Zone. The northern portion, approximately 50.97 acres, is designated for commercial and industrial land use, while the southern portion, approximately 25.59 acres, is designated for multi-family land use. Currently, the property is used for airplane hangars and an airstrip. It features two artesian wells, one 8-10 inch and one 4 inch. FPL and gas easements are located along the eastern boundary. The property includes two buildings constructed in 1973, one with 9,900 square feet and the other with 32,000 square feet. Zoned (A-1) Agricultural District, the county indicates the property may be rezoned to industrial, commercial, or multi-family. With the utilization of the “Live Local Act” and a minimum of 40% affordable housing construction, a developer could potentially build 10 units per acre. County water and sewer are available, along with FPL electric. The owner may sell the north 50.97 acres separately.
Key Highlights
- 76.56 acres with potential for rezoning to Industrial, Commercial, or Multi‑Family (up to 10 units per acre with affordable housing development).
- Located in an Opportunity Zone.
- Two artesian wells: one 8‑10 inch and one 4 inch.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 76.56 acres suitable for commercial, industrial, or multi-family development.
Where is this commercial land located?
The property is located at 98th Ave. Vero Beach, FL.
What is the asking price?
The asking price for this property is $7,645,500.
What are key features of this property?
This property features: 76.56 acres with potential for rezoning to Industrial, Commercial, or Multi‑Family (up to 10 units per acre with affordable housing development).; Located in an Opportunity Zone.; Two artesian wells: one 8‑10 inch and one 4 inch.
