Indian River 915 Acre Grove in Vero Beach, Florida

The property is a large mature income producing citrus grove located in the Saint John’s Improvement District. Varieties include a strong mix of Red, White and Flame Grapefruit, as well as Hamlin and Pineapple Oranges. The grove is currently under a lease agreement providing guaranteed rents, as well as participation in profits generated from the grove. Located west of Vero Beach in an agricultural area, the property benefits from direct use of 154th Avenue and easy access to SR 60, just minutes from town.

Aerials & Documents

Property Details

Status: For Sale

Last Verified: 03/22/2016

Property Type: Agriculture, Grove/Orchard, Land

Price: $6,862,500

Price Per Acre: $7,500

Location: 154th Avenue SW and 9th Street SW, Vero Beach, Florida, 32968

County: Indian River

Size: 915.70

Type: Acres

Frontage: 4900 +/- SF on 154th Avenue SW

Description: Soil Types: Predominately Pineda, Riviera, Winder, Manatee Loamy, and Wabasso Fine Sands; and Foridana Sand Zoning/FLU: A-2, allowing one unit per 10 acres Structures: 5000+/- SF barn

Driving Directions: • From the intersection of SR 60 and I- 95 in Vero Beach, travel west on SR 60 for 6.7 miles to 154th Avenue • Turn left on 154th Avenue and Travel south for 3.6 miles, crossing the bridge over the flow way and the grove will be on the right

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