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    Property profile & analytics
    FOR SALE
    Aviation real estate

    1890 98Th Ave, Vero Beach, FL 32966

    Property ID
    US18-5450536
    Property summary
    AI-generated overview

    FEATURES: - Located in an Opportunity Zone! - Northern Approx. 50.97 acres in Com/Ind Land Use - Southern Approx. 25.59 acres in Multi-Fam Land Use - Current use is for Air Plane Hangers and Airstrip - Two Artesian wells! #1= 8-10 inch, #2 = 4 inch. - FPL and Gas easements along East boundary LAND SIZE: 76.56 Acres BUILDINGS: 9,900 SF Year Built 1973, 32,000 SF Year Built 1973 ZONING: (A-1) Agricultural District, County claims this property may be re-zoned to Industrial or Commercial or Multi-Family 10 Units per acre if the “Live Local Act” is utilized and Developer builds at least 40% in affordable housing. R.E. TAXES: $15,781.88 (2025) UTILITIES: County Water & Sewer Available. FPL Electric SALE PRICE: $10,800,000 ($141,066 Per Acre) for entire 76.45 Acres

    Property profile
    Verified
    Property type Aviation real estate
    UPID US18-5450536
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Treasure Coast Soaring Club, Inc. Nightclub Music Venue
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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