$1,695,000
Vero Beach, FL 32960
MLS# R11042949
5145 sqft
1 / 1
Property Description
Prime investment opportunity in the heart of vibrant Vero Beach, FL. This well-located, fully leased, free-standing building offers an impressive 8.5% ROI. Building featurs a high-quality restaurant with a tenant that has invested over $1 million in renovations. More information and detailed rent roll are available upon request
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2024-12-06
Status: Active
Original List Price: 1695000
List Price: $1,695,000
Current Price: $1,695,000
Location and Legal
Country: United States
County Or Parish: Indian River
County Parish Name: Indian River
Street Number: 1103
Street Name: 21st
Street Suffix: Street
City Name: Vero Beach
State Or Province: FL
Postal Code: 32960
Area: 6321 - City of Vero Beach (IR)
Geographic Area: INRV - Indian River
Parcel Number: 333901000220020000010
Zoning: C-1B
Directions: Downtown Vero Beach, 5 block from the intracoastal.
Property Description: Retail Restaurant
General Property Information
Property Sub Type: Business
Number Of Units Total: 1
Building Area Main: 5145
Building Area Source: Public Records
Year Built: 1930
Lot Size Area: 29185.2
Lot Size Acres: 0.67
Stories: 1
Building and Property Details
# Of Toilets: 2
% Air Conditioned: 100
Maximum Ceiling Height: 10
Price Calculations
Current Price To SqFt: 329.44
Financial Information
Tax Annual Amount: 11771
Tax Year: 2024
Tax Legal Description: EAST SIDE SUBDIVISION PBS 4-12 LOT 1 & E 1/2 OF LOT 2 & ALL OF LOTS 4 & 5 & N 15 FT OF LOT 6 BLK 2
Status Change Information
Major Change Timestamp: 2024-12-06T21:07:37Z
Major Change Type: New Listing
Status Change Date: 2024-12-06
Originating Details
Originating System Key: 20241202172041363835000000
Originating System ID: M00000170
Property Features
Business Type: Arts and Entertainment; Commercial; Restaurant
Documents Available: Copy Of Lease(s); Existing Survey
Electric: Three Phase
Flooring: Other
Heating: Other
Sale Includes: Building; Land
Tenant Pays: Electricity; Insurance; Taxes; Water
Cooling: Other
Listing Terms: Cash; Conventional
Roof: Other
Security Features: Fire Alarm
Sewer: Public Sewer
Utilities: Natural Gas Available
Water Source: Public
Showing Requirements: Call Listing Agent
Listing Office: Compass Florida LLC
Last Updated: October - 01 - 2026
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