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Updated Downtown Office Building
For Lease
$25 SF/Yr

1507 20th St, Vero Beach, FL 32960

Updated professional office building with private offices, conference room, and kitchenette plus dedicated parking.

Space SizeContact for details
Days on Market104

Property Features for 1507 20th St

General Information

Standard status Active

Amenities

large conference room
multiple private offices
bathrooms
kitchenette

Building Details

Stories 2
Listing Agency: Alex MacWilliam, Inc.
Listed By: T.P. Kennedy · License #3377487
Source: Exprealty
Added: Jun 1 Changed: Sep 10 Last Checked: Sep 12 at 10:07AM

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.

Investment Insights

Based on property information with market context.

This updated professional office building offers a mix of private offices and shared space, including a large conference room, bathrooms, and a kitchenette. The layout includes both upstairs and downstairs areas to support flexible office use. An extra lot with dedicated parking spaces is included with the property.

The building is located in downtown Vero Beach directly across from the Indian River Courthouse, placing it in a central, walkable setting for office users who need proximity to courthouse activity.

The available configuration includes multiple private offices, a large conference room, and common amenities such as bathrooms and a kitchenette, supported by on-site dedicated parking through the included extra lot.

Key Highlights

  • Updated professional office building with 3,800+/- SF of office space
  • Includes large conference room and multiple private offices on both upstairs and down
  • Bathrooms and kitchenette included for tenant convenience

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 professional office building with private offices, conference room, and kitchenette plus dedicated parking.
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: Updated professional office building with 3,800+/- SF of office space; Includes large conference room and multiple private offices on both upstairs and down; Bathrooms and kitchenette included for tenant convenience
More about this property
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