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 “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.
Property Details
Property Features
Listing Office:
Office Name: Lambert Commercial Real Estate
Office Phone: (772) 778-2334
Listing Agent: Ron Lambert
Exterior Features
Exterior Information:
View: Other
Lot Features
Lot Information:
Lot Size: 76.56 Acres
Other
Directions Information:
Directions: SR 60 WEST TO 98TH AVE., SOUTH ON 98TH AVE
Price Information
Listing Price Info
Price Summary:
List Price: $10,800,000
Tax Information:
Annual Amount: $8,704
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Vero Beach, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$53.9K
Per Month
Principal & Interest
$53.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$32.4K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Glendale Elementary School
4940 8th St
Distance between this listing and this school5.70 miles
Public District Grades PK-5
8
/10
Rosewood Magnet School
3850 16th St
Distance between this listing and this school6.31 miles
Public Magnet Grades KG-5
5
/10
Dodgertown Elementary School
4350 43rd Ave
Distance between this listing and this school6.54 miles
Public District Grades PK-5
Nearby Schools
6
/10
Imagine at South Vero
6000 4th St
Distance between this listing and this school4.98 miles
Public Charter Grades KG-8
4
/10
Storm Grove Middle School
6400 57th St
Distance between this listing and this school6.10 miles
Public District Grades 6-8
3
/10
Gifford Middle School
4530 28th Ct
Distance between this listing and this school7.49 miles
Public District Grades 6-8
Nearby Schools
7
/10
Indian River Charter High School
6055 College Ln
Distance between this listing and this school4.62 miles
Public Charter Grades 9-12
3
/10
Indian River Virtual Instruction Program
1990 25th St
Distance between this listing and this school5.95 miles
Public District Grades KG-12
5
/10
Vero Beach High School
1707 16th St
Distance between this listing and this school7.61 miles
The neighbors living near this home have an average income of $45,168. The most common annual income of people living in Vero Beach, FL is between $35k-100k. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1890 98th Ave
What is the listing price of this property?
The listing price of 1890 98th Ave property is $10,800,000.
What type of property is this?
The property 1890 98th Ave is land located in Vero Beach, Florida, 32966.
Is this property for sale now?
Active Listing: 1890 98th Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $8,704 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1890 98th Ave in Vero Beach, FL and zip code 32966. This home sits on a 76.56 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $10,800,000.
Vero Beach, FL housing market in November 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 128 sold below. In November 2024 in Vero Beach, FL there were 11.3% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $413,810, while the average time on the real estate market was 90 days.
From Rocket Homes Real Estate and based on county public records data.
Monster Trucks
Monster Trucks
Pro Wrestling
Hunting
Wal-Mart
Academy Sports & Outdoors
Bass Pro Shops
Hardee's
Jimmy Johns
Applebees
Chevrolet
Dodge
Ram
Country
New Country