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1890 98th Ave - 76.56 ACRES INDUSTRIAL / MULTI-FAM 76.56 Acres of Industrial Land Offered at $14,940,611 CAD in Vero Beach, FL 32966
INVESTMENT HIGHLIGHTS
- Current use is Air Plane Hangers and Airstrip
EXECUTIVE SUMMARY
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $14,940,611 CAD | Property Subtype | Industrial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 76.56 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | A-1 - Agricultural -1 District | ||
| Price | $14,940,611 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 76.56 AC |
| Opportunity Zone |
Yes |
| Zoning | A-1 - Agricultural -1 District |
1 LOT AVAILABLE
Lot
| Price | $14,940,611 CAD | Lot Size | 76.56 AC |
| Price Per AC | $195,149.05 CAD |
| Price | $14,940,611 CAD |
| Price Per AC | $195,149.05 CAD |
| Lot Size | 76.56 AC |
DESCRIPTION
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, owner may Sell North 50.97 acres separately. 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: $16,395.35 (2023) UTILITIES: County Water & Sewer Available. FPL Electric SALE PRICE: Entire Property $10,800,000 ($141,066 Per Acre) 50.97 Acres $7,645,500 ($150,000 Per Acre)
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1890 98th Ave - 76.56 ACRES INDUSTRIAL / MULTI-FAM
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