2200 93Rd Ave Vero Beach, FL 32966
- Commercial real estate
- 12.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2200 93Rd Ave
- Lot size
- 12.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 12-acre parcel in Vero Beach, Florida, presents a unique multi-family development opportunity. Zoned A-1 Agricultural, the land use plan allows for up to 8 units per acre, yielding potential for 90+ lots. Currently platted, the property lacks road improvements but offers convenient access via SR 60 easement or 26th Street. Its prime location boasts excellent proximity to I-95 and SR 60, placing it near a major outlet mall and restaurants, reflecting the area's high commercial growth. A large multi-family development is planned next door, further enhancing the investment potential. County water and sewer are available, along with FPL electricity. The 2019 traffic count on the nearby road was approximately 28,704 vehicles. The property's 2023 taxes totaled $5,248.40. The asking price for all lots is $1,500,000. Additional roads may be abandoned if lots are assembled or purchased. This presents a compelling investment opportunity for developers seeking to capitalize on Vero Beach's thriving market. The address is 2200 93rd Ave, Vero Beach, FL 32966.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.517405
- Latitude
- 27.644433
