Technical
Financial
Distress signals
Property profile

1406 16th St Vero Beach, FL 32960

OFF-MARKET
Medical Office Space
Property ID
US18-4759063
2,618 SF 0.22 ac lot Built 1977
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,618 SF
Lot 0.22 ac (9,583 SF)
Zoning code C-1
APN 33-39-01-00047-0300-00009.0
UPID US18-4759063

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician

Location

1406 16th St Vero Beach, FL 32960-3625
Vero Beach metro Census 50101 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2023
Last sale
$500,000
3 recorded transactions
2023
$500,000
2019
$100
1969
Price N/A

Zoning & alternative use

C-1 · Vero Beach, FL
Zoning description

nation of interpretation of this table. 2. Abbreviations: P = Permitted by Right C = Allowed with a Conditional Use Permit Blank = Use not allowed Allowed uses Commercial Districts: Use s Types B-1 B-2 B-3 B-4 C-1A C-1B…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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