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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Residential income homes
1408 36th Ave Vero Beach, FL 32960-2783
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US18-1692500
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1988
Construction
CONCRETE BLOCKS
Total area
1,284 SF
Lot
0.17 ac (7,405 SF)
Zoning code
RM-8
APN
33-39-10-00026-0000-00001.1
UPID
US18-1692500
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Antique Alley LLC · 1 yrs held
Antique Alley LLC
since 2024
Last sale
$530,000
7 recorded transactions
Zoning & alternative use
RM-8 · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vero Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vero Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$530,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $530k (Sep 30 2024)
Last sale anchor
$530k
Sep 30 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$413 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,325
Tax year 2023
Assessed value
$205,135
Assessed 2023
Previous assessed
$205,135
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$21,769
Assessed improvement
$183,366
Land market value
$21,769
Improvement market value
$183,366
Total market value
$205,135
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1988
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,284 SF
Lot
0.17 ac (7,405 SF)
Zoning code
RM-8
APN
33-39-10-00026-0000-00001.1
UPID
US18-1692500
Jurisdiction
INDIAN RIVER
Zoning & alternative use
RM-8 · Vero Beach, FL
Zoning RM-8 · permitted uses
RM-8 · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vero Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Antique Alley LLC
Entity
Mailing address
3516 S DIXIE HWY #8172, WEST PALM BCH, FL 33405-2226
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
$530,000
Antique Alley LLC
Samantha Sandvig
Warranty Deed
—
Mar 25, 2022
$212,500
Samantha Sandvig
Yellow Kid INC
Warranty Deed
$170,000 · Angel Oak Home Loans LLC
Nov 14, 2014
—
Yellow Kid INC
Lee,william C II & Amelia S
Quit Claim Deed
—
Jun 5, 2014
$170,000
William C Lee III
Mclaughlin,michael & Margaret
Warranty Deed
—
Jan 14, 2002
$89,000
Michael A Mclaughlin
Huppenthal,roland G & Kathryn R
Grant Deed
—
—
—
Yellow Kid INC
—
Deed Of Trust
related
$122,500 · Michael & Margaret Mclaughlin
—
—
Yellow Kid INC
—
Deed Of Trust
related
$126,000 · National Bk/commerce
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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