$7,645,500
UNDER CONTRACT $2M PRICE INCREASE

1890 98th Ave Vero Beach, FL 32966

Estimated payment $42,986/month

Total Views 2,991
51 Acres
$150,000 Price per Acre
2,220,253 Sq Ft Lot

Highlights

  • 50.97 Acre Lot
  • Additional Land
  • Views
  • Vero Beach High School Rated A-

About This Lot

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.

Listing Agent

Ron Lambert

Lambert Commercial Real Estate Brokerage Phone: 772-778-2334 License #0531778 Listed on: 03/09/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,131

Lot Details

  • 50.97 Acre Lot
  • Additional Land
  • Zoning described as Industrial

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • Indian River Farms Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 20
  • Assessor Parcel Number 33380300001012000002.1

Property Details

Property Type

Land

Est. Annual Taxes

$9,131

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 50.97
  • Subdivision Name: Indian River Farms
  • Directions: SR 60 WEST TO 98TH AVE., SOUTH ON 98TH AVE
  • Attribution Contact: 772-778-2334
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Industrial

Exterior Features

  • Lot Features: Acreage, Additional Land Available
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Connected, Well

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s)
  • Association Name: N/A

Lot Info

  • Current Use: Agricultural
  • Lot Size Sq Ft: 2220253.0
  • Number Of Lots: 1
  • Parcel #: 33380300001012000002.1
  • Zoning Description: Industrial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9131.0
  • Tax Block: 20
  • Tax Lot: 2
  • Tax Year: 2021

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,542 $633,474 $301,464 $332,010
2023 $15,542 $610,853 $277,347 $333,506
2022 $8,963 $573,568 $241,171 $332,397
2021 $9,131 $572,554 $241,171 $331,383
2020 $8,704 $537,091 $184,425 $352,666
2019 $9,226 $556,964 $184,425 $372,539
2018 $9,181 $548,465 $156,052 $392,413
2017 $9,146 $538,752 $0 $0
2016 $9,214 $538,750 $0 $0
2015 $9,718 $546,650 $0 $0
2014 $9,118 $519,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Price Changed $7,645,500 0.0% --
07/08/2024 07/08/24 Price Changed $7,645,500 +30.4% --
07/08/2024 07/08/24 For Sale $5,861,550 0.0% --
07/08/2024 07/08/24 For Sale $5,861,550 -45.7% --
06/23/2023 06/23/23 For Sale $10,800,000 +3.9% --
03/10/2022 03/10/22 For Sale $10,395,000 -- --
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Ohaire Michael
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 279645

APN: 33-38-03-00001-0120-00002.1

Florida Indian River County Vero Beach 32966

1890 98th Ave, Vero Beach, FL

This home is located at 1890 98th Ave, Vero Beach, FL 32966 and is currently priced at $7,645,500. 1890 98th Ave is a home located in Indian River County with nearby schools including Dodgertown Elementary School, Storm Grove Middle School, and Vero Beach High School.

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Ron Lambert
Listing Agent
Ron Lambert
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Lambert Commercial Real Estate
(772) 356-1345