Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1103 21St St Vero Beach, FL 32960

FOR SALE
Turn key restaurants
Property ID
US18-3456588
5,145 SF 0.67 ac lot Built 1930
Last sale Feb 2022 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
1103 21St St, Vero Beach, FL 32960 For Sale
$1,695,000 5,145 SF
1103 21St St, Vero Beach, FL 32960
View Listing

Property summary

AI-generated overview

This iconic Vero Beach restaurant building, a well-established landmark, presents a remarkable opportunity for lease or sale. Spanning 5,145 square feet on a .67-acre lot (29,185.2 sq ft), this single-tenant property boasts approximately 87 feet of road frontage on US1 and 165 feet on SR 60 West. The building, constructed in 1930, features upscale fixed dining rooms and a bar, along with an inviting outdoor patio and bar area. This turnkey operation includes a full liquor license and ample…

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?
$11k
Tax billed · 2023
Assessed value$492k
Assessed land$246k
Assessed improvement$245k
Effective rate2.15%

Value estimate

· Oct 2026
$350k
$315k – $385k
AI approach$330k
NOI build-up
Gross scheduled income$114k
Vacancy & credit loss−$9k
Operating expenses−$26k
NOI · 4.66% cap applied$79k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$435/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$110 – $639

Cap rate analysis

How does the asset earn?
4.66%
$79k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1B
C-1B, Neighborhood Commercial reserved to provide adequate space in strategically located and highly accessible areas along arterial road...
General categoryCIVIC_INSTITUTIONAL
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service8.4
Butcher8.3
Carpet & Flooring Store8.2

Location

1103 21St St Vero Beach, FL 32960
County assessor Recorded deeds · 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1965 43rd, Vero Beach, FL 32960-0520 $330,000 Sep 2024 4,116 SF
2199 7th, Vero Beach, FL 32960-5162 $800,000 Apr 2024 5,219 SF
1335 Us Hwy 1st, Vero Beach, FL 32960-5731 $5,650,000 Nov 2023 5,490 SF
1858 Old Dixie, Vero Beach, FL 32960-3604 $1,100,000 Sep 2023 5,007 SF
1878 Old Dixie, Vero Beach, FL 32960-3671 $1,200,000 Sep 2023 6,780 SF
30 Royal Palm, Vero Beach, FL 32960-5238 $2,000,000 May 2023 4,054 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again