ORLANDO-Hendricks & Partners has completed the sale of a development site in Vero Beach. Reno, Nevada-based RGO Holdings, LLC has acquired the 19.38-acre site on the northeast corner of 16th Street and 74th Avenue for an amount of $700,000.
The REO site is presently zoned RM-8 to allow nearly eight units per acre. Associate Partner Hal Warren from Hendricks & Partners brokered the sale on behalf of PNC Bank.For the full story, go to Florida Real Estate Journal.
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