1890 98th Avenue, Vero Beach FL 32966

Listed By:
Lambert Commercial Real Estate; 772-778-2334
Address
1890 98th Avenue, Vero Beach, FL
Price
$ 7,645,500
Property Attributes
  • MLS#279644
  • TypeLand
  • Listing Status Active
  • CountyIndian River
  • CityVero Beach
  • AreaCounty Central
  • NeighborhoodIndian River Farms
  • Zip32966
  • Style
  • Taxes$ 9131
  • Price$ 7,645,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size50.97 Acres
Data Source:
REALTORS® Association of Indian River County (RAIRC)
Property Description

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. ZONING: (A-1) Agricultural -1 District, We understand that the “Live Local Act” may allow up to 10 units per acre Multi-Family for entire site if Developer builds at least 40% in affordable housing.

Price History
10/6/2025 Listed $7,645,500

General Features

Sewer Septic Tank
View Other
Parcel Number 33380300001012000002.1
Waterfront Features None
County Indian River
Property Type Land
Subdivision Name Indian River Farms
Status Active
Directions SR 60 WEST TO 98TH AVE., SOUTH ON 98TH AVE
ModificationTimestamp 2026-02-27T20:46:20.940-00:00
City Vero Beach
Association Name N/A
MLS Area County Central
Lot Size Units Acres
Standard Status Active
PostalCity Vero Beach
Legal Description IND RIV FARMS CO SUB PBS 2-25 FROM SW COR OF TR 12 RUN E 185 FT TO POB, TH N 462.72 FT, TH W 125 FT, TH N 205 FT TO N LINE OF S1/2 OF TR 12, TH E 634 FT, TH S 403.5 FT, TH W 359 FT, TH S 264.61 FT, TH W 150 FT TO POB & E 150 FT OF W 335 FT OF TR 13 & E 15
AttributionContact 772-778-2334
Tax Year 2021
Community Features Other,Storm Drain(s)
Zoning Description Multiple
Tax Annual Amount 9131
Tax Assessed Value 572554
Tax Lot 2
Utilities Cable Available
Current Use Agricultural
Possible Use Mixed Use
Lot Size Square Feet 2220253

Exterior Features

Water Source Connected,Well
Waterfront Y/N false
Lot Features Acreage,Additional Land Available
Lot Size Area 50.97
Lot Size Acres 50.97
Number of Lots 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32966

Price
AVG $1.75M
$7.65M
Taxes
AVG $4,970
$9,131

Areas We Cover