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    1985 31St Ave Vero Beach, FL 32960

    For Sale
    $399,000

    Prime Vero Beach location, high-traffic, flexible zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional mixed-use property at 1985 31st Avenue in Vero Beach, Florida, presents a rare investment opportunity. Located on a corner lot in a high-traffic area of Vero Beach, this 1955-built building boasts impressive visibility with over 30,000 vehicles passing daily. The property's strategic placement at the intersection provides a dedicated turn-off, maximizing exposure and accessibility. The flexible POI zoning allows for a variety of uses, including office, medical, or showroom space. This unique property offers the added benefit of combining commercial and residential space, providing the potential to live and work in one location. The expansive lot provides ample space for signage and branding opportunities, ensuring maximum visibility for any business. The property's prime location on Route 60, combined with its zoning versatility, makes this a truly exceptional and rare find in the Vero Beach market. This opportunity is unlikely to last long. The asking price is $399,000. The lot size is not specified.

    Property Features for 1985 31St Ave

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1955

    HighLights

    • Asking price: $399,000
    • Mixed‑use property built in 1955
    • Located at 1985 31st Avenue, Vero Beach, FL 32960, a high‑traffic corner lot on Route 60 with over 30,000 vehicles daily.
    • Offers flexible layout suitable for office, medical, or showroom uses, with potential for live/work arrangement.
    • POI zoning allows for diverse commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4176198
    Latitude
    27.638108

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Vero Beach location, high-traffic, flexible zoning.
    Where is this mixed-use property located?
    The property is located at 1985 31St Ave Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Asking price: $399,000; Mixed-use property built in 1955; Located at 1985 31st Avenue, Vero Beach, FL 32960, a high-traffic corner lot on Route 60 with over 30,000 vehicles daily.
    Request Owner's contact information
    1985 31St Ave Vero Beach, FL 32960
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    Vero Beach, FL 32960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1985 31St Ave Vero Beach, FL 32960
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