147 Vero Beach Ave Vero Beach, FL 32966

This exceptional 32966 Vero Beach commercial land parcel, totaling an impressive acreage (exact size not specified), boasts a prime location east of I-95 exit 147 and State Road 60, just a half-mile from the Vero Beach Outlets and numerous hotels and restaurants. Its strategic position offers unparalleled visibility and accessibility. The property is situated in a rapidly developing area, adjacent to an approved 38-acre townhouse development, presenting significant potential for various uses. Development possibilities include hotels, office buildings, medical facilities, or even a hospital, capitalizing on the high traffic volume and proximity to major roadways. A road extension off 20th Street is approved and reviewed by the county's right-of-way division. Furthermore, the property is suitable for mixed-use development or, under recently adopted legislation, could be developed into affordable housing with specific stipulations. The seller will allow an inspection period to verify all county records. This presents a unique opportunity for investors seeking high-return potential in a thriving Florida market. Additional developer cost savings are available. Asking price: $4,300,000.