For Sale
$1,550,000

8525 20Th StVero Beach, FL 32966

Prime SR 60 location, income producing!

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Vero Beach commercial property offers a unique investment opportunity. The 4.99-acre lot boasts 165 feet of frontage on State Road 60 and a depth of 1,255 feet. Approximately half the land is cleared and fenced. The property includes a 1,359 square foot executive office building situated at the front of the lot. Currently leased, generating rental income, this property is zoned General Commercial (CG). Conveniently located near I-95, shopping, and restaurants, it offers excellent visibility and accessibility. Utilities include county water and sewer, and Florida Power & Light. The 2021 property taxes were $5,518.84. The asking price for this turnkey investment is $1,550,000, representing a price per square foot of $1,140.54. This property presents a compelling combination of land and income-producing office space in a high-demand location. The substantial lot size allows for future development potential, making it an ideal investment for both immediate returns and long-term growth. The property's address is 8525 20th St, Vero Beach, FL 32966, within Indian River County.

Highlights

  • 4.99-acre lot with 165 feet of State Road 60 frontage.
  • 1,359 sq ft executive office building, currently leased.
  • General Commercial (CG) zoning.
  • Excellent visibility and accessibility near I-95.
  • $1,550,000 asking price; $1,140.54/sq ft.

Property Details for 8525 20Th St

Property type
Office properties, Land
Square Feet
1,359 SF
Lot Size (sq. ft)
217,364 SF

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.6386602
Longitude
-80.5024909
8525 20Th St, Vero Beach, Florida

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8525 20Th St
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