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Property profile & analytics
OFF-MARKET
Office Spaces

148 Vista Royale Blvd Vero Beach, FL 32962

4,236 SF 0.59 ac lot Built 1989
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Year built 1989
Total area 4,236 SF
Lot 0.59 ac (25,700 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • talk2me 2-way digital radio Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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