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12519 Jimmy Buffett Mem HwyVero Beach, FL 32963
River Peninsula Estate
Asset ClassLand, Multifamily
Land8.33 Acres
+/8.33 Acre Waterfront Site Ideal for Family Compound and/or ~24 Unit Condo/Marina Development Opportunity
overview of deal

Overview

Cushman & Wakefield is privileged to present the River Peninsula Estate, a five-parcel assemblage that forms its own peninsula on the Indian River Lagoon, very nearly surrounded by water on the north end of Vero Beach’s barrier island. The holding totals 8.33 acres of upland and 7.11 acres of submerged land, with roughly 2,820 feet of prime river frontage and 300 feet of sandy beach wrapping the peninsula.

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Investment Highlights

There are virtually no comparable parcels of this size on the Intra-coastal Waterway from Vero Beach to Miami. The submerged land conveys in fee simple, owned outright rather than leased from the State, which lends to both a beautiful estate site as well as a genuine marina opportunity.

 

*This property can be purchased together with the 8.63+/- acre Grand Ocean Front & River Estate to amass one of the largest privately owned waterfront assemblages in Southern Florida.

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12519 Jimmy Buffett Mem HwyVero Beach, FL 32963
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