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    For Sale (25)

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    Sebastian, FL Multifamily Development Land
    $3,000,000
    15.48 Acres

    Sebastian, FL Multifamily Development Land

    15.48 acres of land zoned for multifamily development.

    Foster Rd, Sebastian, FL 32958
    View details
    Vero Beach Cleared Land
    $60,000
    0.22 Acres

    Vero Beach Cleared Land

    Cleared lot zoned for multi-family residential in Vero Beach.

    4636 30Th Ave, Vero Beach, FL 32967
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    Vero Beach Investment Opportunity
    $799,000
    0.59 Acres

    Vero Beach Investment Opportunity

    Investment opportunity in prime location near beaches and shopping plaza.

    148 Vista Royale Sq, Vero Beach, FL 32962
    View details
    Sebastian, FL Land Opportunity
    $165,000
    0.20 Acres

    Sebastian, FL Land Opportunity

    Scenic lot near Sebastian River, shopping, and waterfront dining.

    14425 78Th Ave, Sebastian, FL 32958
    View details
    US-1 Commercial Redevelopment Opportunity
    $699,999
    1.57 Acres

    US-1 Commercial Redevelopment Opportunity

    1.57-acre commercial parcel on US-1 in Sebastian, Florida.

    11390 Us Highway 1, Sebastian, FL 32958
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    Vero Beach Vacant Land
    $40,000
    0.11 Acres

    Vero Beach Vacant Land

    Vacant land in Vero Beach undergoing redevelopment.

    4246 25Th Ave, Vero Beach, FL 32967
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    Commercial Land with US1 Frontage
    $825,000
    0.20 Acres

    Commercial Land with US1 Frontage

    Three commercial parcels with US1 frontage near medical district.

    1955 39Th St, Vero Beach, FL 32960
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    Commercial Parcels on US1 Frontage
    $825,000
    0.38 Acres

    Commercial Parcels on US1 Frontage

    Three commercially zoned parcels with US1 frontage in Vero Beach.

    3880 Old Dixie Hwy, Vero Beach, FL 32960
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    Vero Beach Land Opportunity
    $60,000
    0.33 Acres

    Vero Beach Land Opportunity

    Residential lot in Vero Beach, close to amenities.

    8395 63Rd Ct, Vero Beach, FL 32967
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    Vero Beach Land For Sale
    $45,000
    0.24 Acres

    Vero Beach Land For Sale

    One-acre lot in Vero Beach, build your dream home.

    7756 98Th Ave, Vero Beach, FL 32967
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    Vero Beach Land For Sale
    $58,000
    0.31 Acres

    Vero Beach Land For Sale

    Residential land in Vero Beach, close to schools and shops.

    9145 86Th St, Vero Beach, FL 32967
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    Vero Beach Land For Sale
    $58,000
    0.30 Acres

    Vero Beach Land For Sale

    Unimproved lot in Vero Beach, close to amenities and beaches.

    8856 93Rd Ct, Vero Beach, FL 32967
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    Riverfront Parcel in Vero Beach
    $1,200,000
    0.68 Acres

    Riverfront Parcel in Vero Beach

    Direct riverfront homesite in gated Orchid Isle Estates.

    2545 Riverview Ct, Vero Beach, FL 32963
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    Vero Beach Income Property
    $385,000

    Vero Beach Income Property

    Income-producing duplex in downtown Vero Beach, recently updated.

    1806 22Nd Ave, Vero Beach, FL 32960
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    Sebastian Land Parcel For Sale
    $3,000,000
    15.48 Acres

    Sebastian Land Parcel For Sale

    15.48 acres in Sebastian, Florida, zoned multi-family.

    Foster Rd, Sebastian, FL 32958
    View details
    Vero Beach Investment Opportunity
    $515,000
    1.50 Acres

    Vero Beach Investment Opportunity

    1.5 acre lot with three homes, income potential.

    2840 41St St, Vero Beach, FL 32967
    View details
    Vero Beach Ranchette Land
    $372,500
    4.73 Acres

    Vero Beach Ranchette Land

    4.73 acre lot in Hidden Hammock community, ready to build.

    7505 Hidden Hammock Ln, Vero Beach, FL 32966
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    Riverfront Land in Vero Beach
    $1,200,000
    0.68 Acres

    Riverfront Land in Vero Beach

    Exclusive riverfront parcel in gated Orchid Isle Estates.

    2545 Riverview Ct, Vero Beach, FL 32963
    View details
    Vero Beach Land Opportunity
    $60,000
    0.22 Acres

    Vero Beach Land Opportunity

    Two side-by-side lots in a growing residential community.

    7820 96Th Ct, Vero Beach, FL 32967
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    Vero Beach Land Opportunity
    $60,000
    0.22 Acres

    Vero Beach Land Opportunity

    Two side-by-side lots in a growing residential community.

    7830 96Th Ct, Vero Beach, FL 32967
    View details
    Land Ready for Development
    $880,000
    5.00 Acres

    Land Ready for Development

    Cleared land with utilities, ready for residential development.

    5700 520 Hwy, Cocoa, FL 32926
    View details
    Vero Beach Vacant Land Parcel
    $40,000
    0.11 Acres

    Vero Beach Vacant Land Parcel

    Vacant land in Vero Beach undergoing redevelopment.

    4246 25Th Ave, Vero Beach, FL 32967
    View details
    Vero Beach Land Parcels
    $825,000

    Vero Beach Land Parcels

    Three land parcels available in Vero Beach, Florida.

    1955 39Th St, Vero Beach, FL 32960
    View details
    Multifamily Investment Opportunity in Vero
    $515,000

    Multifamily Investment Opportunity in Vero

    Three homes on 1.5 acres, income potential, central location.

    2840 41St St, Vero Beach, FL 32967
    View details
    Commercial Parcels on US1 Frontage
    $825,000

    Commercial Parcels on US1 Frontage

    Three commercial parcels with US1 frontage near medical district.

    3880 Old Dixie Hwy, Vero Beach, FL 32960
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    Request Owner's contact information
    Keller Williams Realty of Vero Beach
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keller Williams Realty of Vero Beach
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