1745 20Th St Vero Beach, FL 32960
Property profile & analytics
1745 20Th St Vero Beach, FL 32960
- Office buildings
- 7,221 SF
- 0.34 lot acres
Property ID
US18-3457093
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
- Watersports Town Home Insurance Solutions / Insurance Agency
- Law Office of Dorothy Naumann LLC / Law Firm
- Steven's Dumpster Rental Vero Beach / General Contractor / Waste Management Facility
Property Details for 1745 20Th St
- Year built
- 2022
- Construction
- CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 7,221 SF
- Zone code
- C-1B
- Property type
- Office buildings
- APN
- 33-39-02-00001-0490-00028.0
- APU
- 9223372036854775807
Description
This exceptional Class A office building, completed in 2021, offers 7,744 square feet of space in Vero Beach, Florida. Located at 1745 20th St, this single, two-story building sits on a 14.81-acre lot with 105 feet of frontage on SR 60 and boasts 26 total parking spaces, including 20 covered spots. The property is zoned C1-B for General Commercial Trades & Services and features multiple suites available for lease, ranging from 468 to 1,204 square feet. Lease rates vary depending on the suite size, with some including electricity. The building's design incorporates high-level finishes and a traditional aesthetic, with custom layouts available to meet individual business needs. Its prime location offers easy access to major roadways, is near the Indian River County Courthouse, and is conveniently close to shopping and restaurants. The high traffic count of 22,069 (2021 AADT) ensures excellent visibility. The entire building is also available for purchase at $3,875,000. The owner is open to leasing with an option to purchase and is also willing to sell smaller units individually. City water, sewer, and FPL utilities are available. This property presents a unique opportunity for businesses seeking a modern, well-located office space in a thriving area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,375,000
- 6.5%
- $1,270,000
- 7%
- $1,175,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,170,000
Market price range: $396k - $1.17M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,320,000 Current use
- MEDICAL BUILDING
- $1,695,000 Change: +28% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,565,000 Change: +19% Conversion: Difficult
- RETAIL STORES
- $1,315,000 Change: -1% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $1,250,000 Change: -6% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,060,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.4032
- Latitude
- 27.6384
- 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
$21,473
$124,950
$1,194,917
$1,319,867
-
$124,950
$1,194,917
$1,319,867
