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    1140 Royal Palm Blvd Vero Beach, FL 32960

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    For Sale
    $775,000

    2400 SF professional building near downtown, courthouse, and beaches.

    Lot size:
    0.28 Acres

    Property Features for 1140 Royal Palm Blvd

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1986

    Source: Dale Sorensen Real Estate Inc. Agent Christine M Hughes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vero Beach Professional Office Building

    This is a 2400 square foot property that has been used as a dentist office for 38 years. The property is zoned for professional services, but the building department states it could be changed to a duplex with approval. The building features two separate sides. The west side is a blank slate, ready to be fitted out. The east side is currently a doctor's office. There are 16 parking spaces in the front and 2 in the back with a roll-up door. The property is located close to downtown, the courthouse, and beaches. An adjacent 0.25-acre lot is also for sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pet Medical Center of Vero Beach (WESTSIDE ANIMAL HOSPITAL), Community Veterinary Clinic, Dr Dan's Animal Hospital, Treasure Coast Animal Rehabilitation & Fitness, Veterinary Medical Center of Indian River County

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.3964027
    Latitude
    27.6424588

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    FAQs

    What type of property is this?
    Medical office - 2400 SF professional building near downtown, courthouse, and beaches.
    Where is this medical office located?
    The property is located at 1140 Royal Palm Blvd Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Prime location: close to downtown, courthouse, and beaches.; - Dual-sided building: 2400 sq ft total, offering flexibility.; - Zoned for professional services with potential for duplex conversion (with approval).
    (772) 532-8894
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    Realmo Value Estimation

    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.

    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.

    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
    1140 Royal Palm Blvd Vero Beach, FL 32960
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