8140 8Th Ave, Palm Bay, FL 32966

This exceptional 8140 8th Street, Vero Beach, FL property presents a compelling development opportunity. Located in Indian River County, zip code 32966, this land parcel boasts excellent accessibility, with frontage on 82nd Avenue and access points from both 8th and 12th Streets. The property's strategic location offers significant potential for subdivision into approximately five-acre tracts, or alternatively, development into a residential community, subject to obtaining necessary county zoning approvals. Its proximity to major transportation arteries enhances its appeal. The property is situated within two miles of the new Interstate 95 and Oslo exit currently under construction, providing convenient access to regional transportation networks. Furthermore, its close proximity to the existing Vero Beach I-95 exit and a forthcoming Publix supermarket at the intersection of 82nd Avenue and Highway 60 adds to its commercial viability and residential desirability. The asking price for this remarkable development site is $7,310,000. Detailed property outlines and descriptions are available upon request. Consider this an exceptional investment opportunity in a rapidly growing area. The property is listed under MLS #267697 (adjacent land).