Property profile

1914 21st St Vero Beach, FL 32960

OFF-MARKET
Assisted living facilities
Property ID
US18-5157095
5,872 SF 0.43 ac lot Built 1958
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,872 SF
Lot 0.43 ac (18,731 SF)
Zoning code RM-10/12
APN 33-39-02-00001-0400-00008.0
UPID US18-5157095

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community
  • Nursing Home Retirement Community

Location

1914 21st St Vero Beach, FL 32960-3489
Vero Beach metro Census 50201 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$980k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$965k

Owner & transaction history

since 2022
Last sale
$850,000
3 recorded transactions
2024
Price N/A
2022
Price N/A
2022
$850,000

Zoning & alternative use

RM-10/12 · Vero Beach, FL
Zoning description

This district is designed to provide suitable areas for high density residential development where sufficient urban services and facilities are provided or where such facilities will be available prior to the development

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $1.4M +846.2%
Industrial (general) $1.2M +651.6%
Apartment house (5+ units) $860,000 +462.8%

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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