148 Vista Royale Blvd Vero Beach, FL 32962
- Office Properties & Spaces
- 4,236 SF
- 0.59 lot acres
Current Use by Public Records
- talk2me 2-way digital radio / Service Establishment / Telecommunications Service Provider
Property Details for 148 Vista Royale Blvd
- Year built
- 1989
- Lot size
- 0.59 lot acres
- Property size
- 4,236 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.379
- Latitude
- 27.5996
