Financial
Distress signals
Property profile

1201 19Th Pl Vero Beach, FL 32960

FOR SALE
Office buildings
Property ID
US18-5505665
38,472 SF 1.97 ac lot Built 2005
Last sale Mar 2023 · $10,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property, located at 1201 19th Place in Vero Beach, Florida, presents a unique investment opportunity. Comprising two buildings totaling 40,068 square feet on a 1.97-acre lot, this Class B office complex offers a diverse range of spaces suitable for various business needs. Built in 1972 and extensively renovated in 2023, the property boasts a modern aesthetic while retaining its classic charm. The four-story buildings feature multiple tenancies, with available

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$81k
Tax billed · 2023
Assessed value$4.87M
Assessed land$728k
Assessed improvement$4.14M
Effective rate1.66%

Value estimate

· Sep 2026
$8.88M
$7.99M – $9.76M
AI approach$8.90M
CAP approach$6.76M
Sales comparison$9.46M
NOI build-up
Gross scheduled income$697k
Vacancy & credit loss−$125k
Operating expenses−$143k
NOI · 15,044.49% cap applied$429k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$183/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$104 – $246

Cap rate analysis

How does the asset earn?
15,044.49%
$429k 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?
DTW
The purpose of this district is to establish a set of flexible development standards which can be implemented in the Downtown Districts o...
General categoryMIXED_USE
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store10.3
Auto Parts Store9.7
Storage Facility9.7

Location

1201 19Th Pl Vero Beach, FL 32960
County assessor Recorded deeds · 8 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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
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