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MLS# TB8435870 - 1705 150TH AVE VERO BEACH, FL 32966
Property Overview Discover a rare investment opportunity with two expansive 500-acre parcels located in Vero Beach, Florida. These properties boast a remarkable one-mile frontage on the highly traveled State Highway 60 at the intersection of 154th Avenue, providing outstanding visibility and accessibility. The west side of the combined parcels features an impressive 1.5-mile frontage along paved 154th Avenue, offering multiple points of entry and enhancing the land’s future development potential. Strategic Location Situated just minutes from a major full interchange on Interstate 95, these parcels are less than 30 minutes from Vero Beach’s pristine, sprawling beaches. This strategic location ensures exceptional connectivity for logistics, commercial activity, and future residents, making the property ideal for a wide range of uses. Current Income and Investment Appeal Both parcels are currently leased to a reputable sod farm under a 10-year , yielding $480,000 in annual income with yearly escalations. This arrangement provides investors with a reliable, stable revenue stream while the land value continues to appreciate. The lease structure allows buyers to benefit from cash flow and potential tax advantages in the short term, while positioning for long-term capital growth. Future Development Potential With a one-mile frontage on State Highway 60 and close proximity to Interstate 95, these properties are prime candidates for rezoning to higher-value uses. The large road frontages and accessibility support a variety of future commercial, industrial, or residential projects. As transitional land, the parcels are well-suited for investors seeking to land bank and benefit from the region’s ongoing growth. Opportunity Zone Advantages Located within a federally designated Opportunity Zone, investors may be eligible for significant capital gains tax savings. This designation offers additional incentives for long-term investment and development, further enhancing the appeal of these properties for those seeking optimal returns. Flexible Purchase Options The two 500-acre parcels can be acquired together or separately, providing flexibility for both institutional and individual investors. This adaptability makes the offering suitable for a range of strategies, from large-scale development to long-term land banking. Key Features Summary • Two contiguous 500-acre parcels (1,000 acres total) in Vero Beach, FL • One-mile frontage on State Highway 60 at 154th Avenue intersection • 1.5-mile frontage on paved 154th Avenue (west side) • Minutes from Interstate 95 interchange; less than 30 minutes to Vero Beach • Currently leased to sod farm: $480,000/year income with escalation • Located in an Opportunity Zone for potential tax savings • Excellent fit for long-term investors and land bankers • Parcels may be sold together or separately Please contact for additional details. Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer rely upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers.

PEOPLE'S CHOICE REALTY SVC LLC is the brokerage office representing the owner for this listing.
© Copyright 2025, My Florida Regional MLS DBA Stellar MLS. all rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS distributed by MLS GRID. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ALM Realty & Services, Inc., a broker participant of the My Florida Regional MLS DBA Stellar MLS. Stellar MLS data last updated at Oct 9 2025 8:23AM.

Property Overview Discover a rare investment opportunity with two expansive 500-acre parcels located in Vero Beach, Florida. These properties boast a remarkable one-mile frontage on the highly traveled State Highway 60 at the intersection of 154th Avenue, providing outstanding visibility and accessibility. The west side of the combined parcels features an impressive 1.5-mile frontage along paved 154th Avenue, offering multiple points of entry and enhancing the land’s future development potential. Strategic Location Situated just minutes from a major full interchange on Interstate 95, these parcels are less than 30 minutes from Vero Beach’s pristine, sprawling beaches. This strategic location ensures exceptional connectivity for logistics, commercial activity, and future residents, making the property ideal for a wide range of uses. Current Income and Investment Appeal Both parcels are currently leased to a reputable sod farm under a 10-year , yielding $480,000 in annual income with yearly escalations. This arrangement provides investors with a reliable, stable revenue stream while the land value continues to appreciate. The lease structure allows buyers to benefit from cash flow and potential tax advantages in the short term, while positioning for long-term capital growth. Future Development Potential With a one-mile frontage on State Highway 60 and close proximity to Interstate 95, these properties are prime candidates for rezoning to higher-value uses. The large road frontages and accessibility support a variety of future commercial, industrial, or residential projects. As transitional land, the parcels are well-suited for investors seeking to land bank and benefit from the region’s ongoing growth. Opportunity Zone Advantages Located within a federally designated Opportunity Zone, investors may be eligible for significant capital gains tax savings. This designation offers additional incentives for long-term investment and development, further enhancing the appeal of these properties for those seeking optimal returns. Flexible Purchase Options The two 500-acre parcels can be acquired together or separately, providing flexibility for both institutional and individual investors. This adaptability makes the offering suitable for a range of strategies, from large-scale development to long-term land banking. Key Features Summary • Two contiguous 500-acre parcels (1,000 acres total) in Vero Beach, FL • One-mile frontage on State Highway 60 at 154th Avenue intersection • 1.5-mile frontage on paved 154th Avenue (west side) • Minutes from Interstate 95 interchange; less than 30 minutes to Vero Beach • Currently leased to sod farm: $480,000/year income with escalation • Located in an Opportunity Zone for potential tax savings • Excellent fit for long-term investors and land bankers • Parcels may be sold together or separately Please contact for additional details. Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer rely upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers.

PEOPLE'S CHOICE REALTY SVC LLC is the brokerage office representing the owner for this listing.
© Copyright 2025, My Florida Regional MLS DBA Stellar MLS. all rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS distributed by MLS GRID. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ALM Realty & Services, Inc., a broker participant of the My Florida Regional MLS DBA Stellar MLS. Stellar MLS data last updated at Oct 9 2025 8:23AM.