4291 SW 5th Place SW, Vero Beach, FL 32968

$1,800,000

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List Price
$1,800,000
Status
ACTIVE
Days on Market
84
MLS#
A12015701
Subtype
Land
Lot Size
300,128
Acres
6.89
Subdivision
Indian River Farms Compan
MLS Area Major
6341 - County Southeast (IR)

Property Description

Campos Commercial is excited to announce this shovel ready 6.9 acre entitled tennis/racquet and recreation!ZONED RS-3 with special exemption for health club usel Buyer can either assume the current approved county project or to pursue an alternative development consistent with existing zoning and entitlements. Formerly a thriving tennis club, the site encompasses nearly 7 acres and offers a rare combination of scale, entitlement certainty and redevelopment flexibility. Existing tennis courts remain visible on site and the club house has been partially renovated. Approved plans includes: 6 padel courts (materials for four courts already on site; construction required) 8 Har-Tru clay tennis courts (existing, resurfacing needed) 2 hard tennis courts, 4 pickleball courts. a Clubhouse and pool The site plan also allows amble room for additional amenities. including expanded court offerings, a walking path, food and beverage concepts, or other complementary uses, providing meaningful upside for a buyer seeking to enhance value.

Additional Information

Taxes
$6,039
Elementary School
Citrus (Indian River)
Middle School
Oslo
High School
Vero Beach

Listing courtesy of Campos Commercial Real Estate LLC. Contact:

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Agent: Donna Ternus | Email: DonnaemmaT@gmail.com