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Live-Work Retail Office Building
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126 43rd Ave, Vero Beach, FL 32968

Remodeled live-work building with office/retail space downstairs and a two-bedroom condo upstairs.

Property Size2,400 SF
Days on Market124

Property Features for 126 43rd Ave

General Information

Standard status Active
Size 2,400 SF
Property subtype Retail, Office, Mixed Use

Units

Multifamily Units 1
Office Units 1
Listing Agency: Dale Sorensen Real Estate Inc.
Listed By: Jim Goldsmith · License #FL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dale Sorensen Real Estate Inc.

Investment Insights

Based on property information with market context.

This remodeled live-work property offers combined commercial and residential space. The downstairs area provides approximately 1,000+/- square feet of office/retail space. Upstairs, there is an approximately 1,400+/- square feet 2-bedroom, 1.5-bath residential condo that includes a loft and bonus space. Recent updates include new stainless-steel appliances, luxury plank flooring, new bath vanities and toilets, fresh paint, and new carpet. The property also includes laundry hookups, along with heating and cooling systems installed in 2015 and 2018, and a hot water heater from 2017.

The offering at 126 43rd Ave includes “immediate occupancy” per the public remarks and is presented as a low-maintenance option. It is described as having two great rental spaces in one, with both the commercial and residential portions usable under the live-work concept.

Overall, the configuration supports a small business downstairs with residential living upstairs, while also providing distinct areas that can be rented separately depending on the buyer’s plans.

Key Highlights

  • Just remodeled live‑work building: office/retail downstairs and a 2BR condo upstairs at 43rd Ave #4 (126/142 43rd Ave).
  • Downstairs offers 1,000 +/- sq ft of office/retail space for a small business, with immediate occupancy available.
  • Upstairs includes 1,400 +/- sq ft 2/1.5 residential condo with loft and bonus space.

Property Analytics

Current Use

Midwife Love Physician Classy Kuts Dog ... Pet Grooming Service

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
1
Residential units

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby

Demographics for 32968, FL

15,006
Population
6,630
Households
2.3
Avg Household Size
50
Median Age
37%
College-Educated
95%
High-School Grad
43.5 sq mi
ZIP Area
345
Density / Sq Mi
$87,801
Median Household Income
$37,249
Median Earnings
$1,716
Median Rent
$357,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Remodeled live-work building with office/retail space downstairs and a two-bedroom condo upstairs.
Where is this live-work space located?
The property is located at 126 43rd Ave Vero Beach, FL.
What are key features of this property?
This property features: Just remodeled live‑work building: office/retail downstairs and a 2BR condo upstairs at 43rd Ave #4 (126/142 43rd Ave).; Downstairs offers 1,000 +/- sq ft of office/retail space for a small business, with immediate occupancy available.; Upstairs includes 1,400 +/- sq ft 2/1.5 residential condo with loft and bonus space.
More about this property
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