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Financial
Distress signals
Property profile

3605 16th St Vero Beach, FL 32960

OFF-MARKET
Garden apartment buildings
Property ID
US18-2703017
39,033 SF 4.41 ac lot Built 1980
Last sale Mar 2022 · $212,500
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$854k
Assessed land$225k
Assessed improvement$629k
Effective rate2.14%

Value estimate

· Oct 2026
$2.28M
$2.05M – $2.50M
AI approach$2.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$173/SF
ZIP average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$129 – $254

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RM-8
These districts are designed to provide suitable areas for medium density residential development where sufficient urban services and fac...
General categoryRESIDENTIAL
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon14.3
Restaurant12.8
Nail Salon11.9

Location

3605 16th St Vero Beach, FL 32960-2700
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1875 40th, Vero Beach, FL 32960-0586 $2,350,000 Apr 2024 7,460 SF
1876 41st, Vero Beach, FL 32960-0582 $2,350,000 Jan 2024 7,460 SF
1825 14th, Vero Beach, FL 32960-3503 $1,350,000 Apr 2023 9,426 SF
1895 40th, Vero Beach, FL 32960-0584 $1,416,250 Jan 2023 5,980 SF
840 5th, Vero Beach, FL 32960-5952 $30,900,000 Dec 2021 225,334 SF
736 19th, Vero Beach, FL 32960-5488 $2,850,000 Aug 2020 8,736 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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