801 154th Ave - Schools FOR SALE


Vero Beach, FL 32966
$2,100,000 USD
772-332-9070
801 154th Ave, Vero Beach, FL for Sale
$2,100,000 USD
Schools - FOR SALE
1/31
null | Request Cap Rate

801 154th Ave
Vero Beach, FL 32966


HIGHLIGHTS

  • Turn Key Residential Facility
  • Ideal camp/retreat for a non-profit or agricultural housing facility.
  • Over 18,000 ± SF of buildings
  • Priced well below replacement costs.

OVERVIEW

Property consists of a 30 acre former teen rehabilitation center with residential and administrative facilities, encompassing more than 18,000 SF, for more than 50 residents. The property has a nicely appointed 4,396 ± SF main house/ office building completed in 2014, a 2,990 ± SF house built in 1976 with a pool, a 4,046 ± SF dormitory with a commercial kitchen, a 1,560 ± SF house built in 2016, a 2,200 ± SF house built in 2002 (converted to a school house), 2,788 ± SF of apartments in 5 units and various other out buildings. The property has a future land use Ag-2 allowing one unit per 10 acres and has operated as a camp/retreat under the County's allowed uses for agriculture. The property is nearly turn key after some deferred maintenance and approvals for proposed uses.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Teen Challenge Camp and Retreat

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

30.06 AC

LAND SF

1,309,414 SF

ZONING

A-2

APN/PARCEL ID

33-37-09-00000-7000-00001.0

ASK ABOUT THIS PROPERTY

Jeff CussonSaunders Real EstateMore Info
772-332-9070

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Jeff CussonSaunders Real EstateMore Info
772-332-9070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.