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98th Avenue - 51 - 76.56 ACRES INDUST./ MULTI-FAM. 50.97 Acres of Agricultural Land Offered at $10,585,195 CAD in Vero Beach, FL 32966



PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $10,585,195 CAD | Lot Size | 50.97 AC |
| Price Per AC | $207,675.00 CAD |
| Price | $10,585,195 CAD |
| Price Per AC | $207,675.00 CAD |
| Lot Size | 50.97 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)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $465,691 CAD | |
| Land Assessment | $422,845 CAD | Total Assessment | $911,210 CAD |
PROPERTY TAXES
Presented by
98th Avenue - 51 - 76.56 ACRES INDUST./ MULTI-FAM.
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