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    148 Vista Royale Blvd Vero Beach, FL 32962

    For Sale
    $899,900

    Prime Vero Beach office, multi-tenant, high ROI.

    Property size:
    4,236 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a charming, standalone office building located at 148 Vista Royale Blvd, Vero Beach, FL 32962. The property, a Class B Traditional Office building, boasts 4,236 square feet situated on a 0.59-acre lot. Built in 1989 and renovated in 1996, the building offers two units, making it ideal for owner-occupancy or multi-tenant leasing. The asking price is $899,900, translating to a price per square foot of $212.44. The property features a modified lease type with a 3% annual rent bump, ensuring consistent income growth for investors. The property's APN is 33401900011000000005.0. Located in Indian River County, this property presents a compelling opportunity for both owner-users seeking a comfortable and well-maintained workspace and investors looking for a strong return on investment in a desirable location. The building's size and layout offer flexibility for various business needs, while its established location in Vero Beach provides excellent access to local amenities and a thriving business community. This is a rare opportunity to acquire a well-maintained, income-producing asset in a highly sought-after area.

    Property Features for 148 Vista Royale Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,236 SF
    Class
    B
    Lot Size
    25,700 SF

    Building Details

    Year Built/Renovated
    1989/1996
    Units
    2

    HighLights

    • Free‑standing office building, ideal for owner‑occupancy or investment.
    • High‑traffic location with excellent visibility.
    • Ample on‑site parking.
    • Modern interior finishes.
    • Flexible floor plan adaptable to various business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    talk2me 2-way digital ... Telecommunications Service Provider

    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
    -80.3789768
    Latitude
    27.5996376

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Vero Beach office, multi-tenant, high ROI.
    Where is this office property / space located?
    The property is located at 148 Vista Royale Blvd Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: Free-standing office building, ideal for owner-occupancy or investment.; High-traffic location with excellent visibility.; Ample on-site parking.
    Request Owner's contact information
    148 Vista Royale Blvd Vero Beach, FL 32962
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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
    148 Vista Royale Blvd Vero Beach, FL 32962
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