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Office Building with Wraparound Porch
For Sale
Under Contract
$725,000

148 Vista Royale Square, Vero Beach, FL 32962

CommercialSale, Vero Beach, FL

Property SizeContact for details
Lot Size0.59 Acres
Days on Market239

Property Features for 148 Vista Royale Square

General Information

Property type Commercial Sale
Property subtype Office
Zoning , OCR
Zoning description Commercial
Subdivision Vista Royale
Lot features Half To One Acre Lot
Directions Head North on US-1 S, turn right onto Vista Royale Blvd, turn left at Grand Royale Cir, turn right and destination will be on the right.
Standard status Active Under Contract
APN 33401900011000000005.0
Lot size 0.59 Acres

Taxes and HOA fees

Tax Description VISTA ROYALE OFFICE PARK SUB LOT 5 PBI 12-66
Legal Description VISTA ROYALE OFFICE PARK SUB LOT 5 PBI 12-66

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

wrap around porch

Building Details

Year built 1989
Floors in Building 1
Flooring type Tile
Building materials Frame
Roof type Metal
Listing Agency: Keller Williams Realty of VB
Listed By: Tareek S Beasley · License #3412996
Added: Jan 7 Changed: Aug 21 Last Checked: Sep 3 at 2:06AM
MLS# 294136

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1989 office building offers a combination of occupied and available workspace within a frame structure. The main office layout includes seven offices, two bathrooms, a conference room, reception area, and kitchen. The separate available area has its own reception space, two offices, full bathroom with shower, and kitchen bar. Tile flooring, central air, electric heating, and a metal roof installed in 2021 are among the building features. A wraparound porch adds covered exterior space.

The property is located within the Vista Royale community near US1, beaches, and a shopping plaza. Public water and public sewer serve the building. Occupancy is 70%, while the remaining 30% is available for use. Existing tenants are in place with a projected early termination clause tied to project completion at the end of 2026.

Key Highlights

  • 70% leased with tenants in place; 30% available for use
  • Main office includes 7 offices, 2 bathrooms, conference room, reception, and kitchen
  • Separate available area includes 2 offices, reception, full bathroom with shower, and kitchen bar

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Hair Salon Spa & Massage Center Law Firm Real Estate Agency Parking Lot & Garage

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

70%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby

Demographics for 32962, FL

26,011
Population
12,705
Households
2
Avg Household Size
49
Median Age
25%
College-Educated
90%
High-School Grad
12.5 sq mi
ZIP Area
2,081
Density / Sq Mi
$65,137
Median Household Income
$32,617
Median Earnings
$1,184
Median Rent
$247,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Existing occupancy is paired with separately configured space for additional office use.
Where is this office building located?
The property is located at 148 Vista Royale Square Vero Beach, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 70% leased with tenants in place; 30% available for use; Main office includes 7 offices, 2 bathrooms, conference room, reception, and kitchen; Separate available area includes 2 offices, reception, full bathroom with shower, and kitchen bar
More about this property
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