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Financial
Distress signals
Property profile

1423 20Th St Vero Beach, FL 32960

FOR LEASE
Retail space
Property ID
US18-8476901
11,136 SF 0.16 ac lot Built 1920
Last sale Oct 2002 · $466,429
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$10k
Tax billed · 2023
Assessed value$469k
Assessed land$60k
Assessed improvement$410k
Effective rate2.17%

Value estimate

· Oct 2026
$340k
$306k – $374k
Submarket $/SF estimate$1.16M
NOI build-up
Gross scheduled income$10k
Vacancy & credit loss−$2k
Operating expenses−$2k
NOI · 33,294.44% cap applied$6k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$182/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$104 – $286

Cap rate analysis

How does the asset earn?
33,294.44%
$6k 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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility11.5
Carpet & Flooring Store10.3
Convenience Store10.0

Location

1423 20Th St Vero Beach, FL 32960
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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
855 21st, Vero Beach, FL 32960-5313 $5,128,400 Dec 2024 13,598 SF
935 17th, Vero Beach, FL 32960-6217 $886,000 Jul 2024 8,800 SF
1355 Us Hwy 1st, Vero Beach, FL 32960-5773 $5,650,000 Nov 2023 14,000 SF
2231 Indian Riv, Vero Beach, FL 32960-5214 $4,400,000 Jul 2023 7,912 SF
1385 32nd, Vero Beach, FL 32960-4998 $1,100,000 Jun 2023 12,139 SF
2014 Commerce, Vero Beach, FL 32960-3412 $300,000 Mar 2023 7,748 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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