8900 20Th StVero Beach, FL 32966

This exceptional 19.63-acre commercial land parcel, located at 8900 20th St, Vero Beach, FL 32966, presents a significant investment opportunity. Currently zoned for General Commercial use, this property offers substantial potential for development. The land is situated in a heavily traveled and expanding area of Indian River County, boasting convenient access to SR 60 with a traffic signal at 90th Street, providing excellent visibility and accessibility. The property shares access with a Racetrack Travel Center to the west, further enhancing its strategic location. With a projected 2025 population within a 10-mile radius of 164,572, this location offers a strong demographic base for future commercial endeavors. The property is listed at $5,900,000, with a price per unit of $590,000 for the existing 10 multifamily units. The future land use is zoned Commercial Industrial, indicating a wide range of development possibilities. This prime location and zoning make this a rare opportunity for investors seeking high-growth potential in a thriving Florida market. The property's size and strategic location offer significant advantages for a variety of commercial developments, catering to the needs of a growing population and robust local economy. This is a unique chance to acquire a substantial land holding in a high-demand area.