Property profile

1934 22nd Ave Vero Beach, FL 32960

OFF-MARKET
Assisted living facilities
Property ID
US18-0519245
9,758 SF 0.65 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,758 SF
Lot 0.65 ac (28,314 SF)
Zoning code RM-10/12
APN 33-39-02-00016-0020-00010.0
UPID US18-0519245

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

1934 22nd Ave Vero Beach, FL 32960-3084
Vero Beach metro Census 50101 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.96M

Owner & transaction history

since 2022
Last sale
$2.6M
7 recorded transactions
2022
$2.6M
2017
$2.5M
2014
$705,000
2002
$725,000
1999
Price N/A
1999
$43,000
1969
Price N/A

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) $2.4M +846.2%
Industrial (general) $1.9M +651.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1934 22nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message