1890 98th Avenue, Vero Beach, FL 32966

$10,800,000 — Active

Property Features

Map Map It

Located in an Opportunity Zone! Approx. 50 acres in Comm/Ind Future Land Use. Approx. 27 Acres in Multi-Family Future Land Use. Current use is Air Plane Hangers and Airstrip. Two Artesian wells on the property. FPL and Gas easements along East boundary. Owners willing to accept offers contingent upon zoning to industrial. ZONING: (A-1) Agricultural -1 District, We understand that the β€œLive Local Act” may allow up to 10 units per acre Multi-Family for entire site if Developer builds at least 40% in affordable housing.

Property Details

  • Listing ID: 269509
  • Status: Active
  • Listing Date: 2022-03-09
  • Property Type: Land
  • Subdivision: Indian River Farms
  • County: Indian River
  • MLS Area: County Central
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A

Financial

  • List Price: $10,800,000
  • HOA Fee: None
  • Taxes: $9,131/yr

Features & Amenities

  • View: Other

Courtesy of Lambert Commercial Real Estate

Contact Paul Kitchen Group to schedule an appointment or call .

RAIRC

© 2026 Starfish Real Estate. Listings updated Nov 1, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.