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Updated Professional Office Building
For Lease
$25 SF/Yr

1507 20th St, Vero Beach, FL 32960

Updated office building with private offices and a large conference room, plus dedicated parking from an added lot.

Space SizeContact for details
Property Size3,743 SF
Days on Market95

Property Features for 1507 20th St

General Information

Standard status Active
Size 3,743 SF
Property subtype Commercial

Building Details

Building Size 3,743 SF
Year Built 1928
Stories 2
Listing Agency: Alex MacWilliam, Inc. Real Estate
Listed By: T.P. Kennedy · License #3377487
Source: Elliman
Added: Jun 3 Changed: Aug 24 Last Checked: Sep 5 at 10:48AM

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 Alex MacWilliam, Inc. Real Estate

Investment Insights

Based on property information with market context.

This updated professional office building offers a flexible layout with multiple private offices, a large conference room, and both upstairs and downstairs space. The interior includes bathrooms and a kitchenette, supporting day-to-day operations for teams and client meetings.

Positioned in the heart of downtown Vero Beach, the building is located directly across from the Indian River Courthouse. An extra lot provides dedicated parking spaces, which can help accommodate clients and staff in a downtown setting.

The configuration is well suited for professional and service-oriented tenants that need private offices and meeting space. It may fit law firms, real estate offices, counseling or insurance services, and certain retail users seeking to lease office-style space in a central downtown address. The combination of dedicated parking and a courthouse-adjacent location can be especially practical for operations that regularly meet with clients.

Key Highlights

  • 3,800+/- SF updated professional office building built in 1928
  • Downtown Vero Beach office layout with multiple private offices and a large conference room
  • Two‑story setup with offices both upstairs and downstairs, plus bathrooms and a kitchenette

Property Analytics

Current Use

Substance Awareness Center ... Medical Clinic Tobacco Free Partnership ... (Bike/Boat/Book/etc) Store New Direction Counseling Counselor

Suggested Use

Top Pick Pet Grooming Service Butcher Locksmith Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,980
Businesses Nearby

Demographics for 32960, FL

21,522
Population
11,590
Households
1.9
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
1,939
Density / Sq Mi
$52,350
Median Household Income
$30,236
Median Earnings
$1,171
Median Rent
$254,400
Median Home Value

Market

Lease Benchmarks for Vero Beach, FL

$28.57 /SF/Yr
Avg Asking Price
$25–$33 /SF/Yr
Price Range
3,550 SF
Avg Space Size

This space is priced 13% below the average of $28.57 /SF/Yr.

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?
Office building - Updated office building with private offices and a large conference room, plus dedicated parking from an added lot.
Where is this office building located?
The property is located at 1507 20th St Vero Beach, FL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 3,800+/- SF updated professional office building built in 1928; Downtown Vero Beach office layout with multiple private offices and a large conference room; Two‑story setup with offices both upstairs and downstairs, plus bathrooms and a kitchenette
More about this property
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