This exceptional ±20.75-acre redevelopment opportunity is located in the heart of Vero Beach along 16th Street, providing immediate development potential within one of Florida’s most desirable coastal communities. Currently improved with ±105,497 SF of existing buildings and well-established infrastructure, the property’s large land parcel allows for adaptive reuse or full-scale redevelopment, subject to approvals. The site features convenient access to U.S. Route 1 and Interstate 95, ensuring strong regional connectivity while benefiting from proximity to local amenities, healthcare facilities, schools, and vibrant residential neighborhoods. Surrounding land uses include residential low- and medium-density zoning (up to 12 units per acre), presenting flexibility for potential mixed-use, residential, or institutional projects. Positioned near major employers and retail hubs, the property also offers a strong demographic profile and steady local demand drivers. Located within Indian River County, a market known for balanced growth, appealing tourism, and a business-friendly climate, this parcel represents a rare opportunity to create a distinctive development in a high-quality environment.