1150 Old Dixie SW Hwy Vero Beach, FL 32962-5611
Property profile & analytics
1150 Old Dixie SW Hwy Vero Beach, FL 32962-5611
- Commercial land
- 1.65 lot acres
Property ID
US18-4598631
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 1150 Old Dixie SW Hwy
- Lot size
- 1.65 lot acres
- Zone code
- CH
- Property type
- Commercial land
- APN
- 33-40-30-00000-3000-00027.0
- APU
- 9223372036854775807
Description
This exceptional investment opportunity presents a five-unit property situated at 1150 Old Dixie Highway in Vero Beach, Florida, 32960. The property, built in 1910, comprises two buildings and is offered at an attractive price of $475,000 – less than $100,000 per unit. Four of the five units are currently occupied by month-to-month tenants, providing immediate income potential. One unit is vacant and is being utilized as a model unit, ready for immediate rental. While the property offers excellent income potential, prospective buyers should be aware that it requires exterior repairs, and updates to the plumbing and electrical systems are recommended. The roofs were replaced in 2013. The property benefits from a highly desirable location within walking distance of Publix and other retail establishments. Importantly, the property is zoned commercial, offering flexibility for future development or continued operation as a multi-family investment. The owner's recent illness has led to some deferred maintenance and necessitates the sale. This presents a unique chance to acquire a well-located, income-producing property with significant upside potential. Please note that tenants should not be disturbed.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.3782
- Latitude
- 27.5816
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,701
$122,186
$0.00
$122,186
-
$122,186
$0.00
$122,186
