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    Vero Beach, FL
    Creative Space

    Vero Beach, FL Creative Space for Sale

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    Indian River Shores, FL Cocoa, FL Fort Pierce, FL State Of Florida, FL Sebastian, FL Orchid, FL Fellsmere, FL Saint Cloud, FL
    Flexible Creative Space
    Updated: Aug 17
    Flexible Creative Space

    1239 16th Street, Vero Beach, FL 32960

    $750,000
    4,000 sqft
    Flexible commercial space for creative workspace use
    At the south end of Historic Downtown
    One HVAC system replaced in 2026
    Irregular shape lot
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    This listing looks promising.

    Here's a quick look at some key insights for

    1239 16th Street, Vero Beach, FL 32960

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $43K
      Annual

    • Mortgage

      $200K
      Dec 2021

    • Last Sold

      Dec 2021
      $400K

    • Property Type

      Mini-Warehouse, Storage
      Built 1961
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Vero Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Second-Floor Office Suites
    Second-Floor Office Suites

    902 E New Haven Avenue, Melbourne, FL 32901

    Contact for pricing
    12,347 sqft

    Flexible spaces support office, studio, and creative uses in Downtown Melbourne.

    View details
    Private Coworking Office Suite
    Private Coworking Office Suite

    540 Montreal Avenue, 204, Melbourne, FL 32935

    Contact for pricing
    3,456 sqft

    Lockable second-floor workspace with shared conference, kitchen, printing, and 24/7 keyless access.

    View details
    Creative Space on NE 3rd Avenue
    Creative Space on NE 3rd Avenue

    352 NE 3rd Ave, Delray Beach, FL 33444

    Contact for pricing

    Located in Delray Beach, the property is offered for sale with short-term lease availability also noted.

    View details
    Modern Mixed-Use Work-Live Space
    Modern Mixed-Use Work-Live Space

    1-246 Ne 6th Ave, Delray Beach, FL 33483

    Contact for pricing

    Under-construction mixed-use building with urban work spaces and luxury condos near Atlantic Avenue.

    View details

    Vero Beach, FL Creative Space Market Trends and Statistics

    Explore 1 creative space for sale in Vero Beach, FL on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for creative space in Vero Beach, FL average $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 131
    Medical Office Space 90
    Office buildings 40
    Coworking space 8
    Creative space 3

    Demographics Overview

    Population 127K
    Population Growth (5Y) +10.6%
    Median Household Income $76,091
    College Educated 30.9%

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $23.77 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Indian River County

    New Delisted

    Total CRE Inventory on Market (SF)

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