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    Property profile & analytics

    2044 16th St Vero Beach, FL 32960-3181

    • Day care centers
    • 5,801 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    $1,465,000
    Last Sale
    Jul 06, 2023
    $1,600,000
    Location Intelligence
    Property ID
    US18-3423290
    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.

    Current Use by Public Records

    • For Kids Only of Vero Beach / Education Center
    • Global Learning of Vero Beach preschool / Preschool / Day Care Center

    Property Details for 2044 16th St

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.85 lot acres
    Property size
    5,801 SF
    Zone code
    R-1
    Property type
    Day care centers
    APN
    33-39-02-00011-0000-00029.0
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,560,000
      6.5%
      $1,625,000
      7%
      $1,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,455,000
      Geo Method
      $1,680,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,415,000
      Retail
      $1,365,000
      Mixed-Use
      $1,515,000
      Hospitality
      $1,665,000
      Educational
      $1,635,000
      Residential Income
      $1,420,000
      Energy
      $1,765,000
      Income-Based Land
      $1,740,000
      Food Service
      $1,700,000

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4064
    Latitude
    27.6313
    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
    $5,997
    $111,702
    $223,490
    $335,192
    -
    $111,702
    $223,490
    $335,192

    Comparable in this City

    • Value Estimation
      $360,000
      3,755 SF

      1728 24th St

      DAY CARE, PRE-SCHOOL • 3,755 SF
      1728 24th St, Vero Beach, FL 32960-3352
      View Details
    • Value Estimation
      $315,000
      12,095 SF

      676 14th St

      DAY CARE, PRE-SCHOOL • 12,095 SF
      676 14th St, Vero Beach, FL 32960-5770
      View Details
    • Value Estimation
      $365,000
      2,964 SF

      3050 43rd Ave

      DAY CARE, PRE-SCHOOL • 2,964 SF
      3050 43rd Ave, Vero Beach, FL 32960-1981
      View Details
    • Value Estimation
      $275,000
      2,948 SF

      2715 Atlantic Blvd

      DAY CARE, PRE-SCHOOL • 2,948 SF
      2715 Atlantic Blvd, Vero Beach, FL 32960-2923
      View Details
    • Value Estimation
      $265,000
      2,424 SF

      1105 12th St

      DAY CARE, PRE-SCHOOL • 2,424 SF
      1105 12th St, Vero Beach, FL 32960-3718
      View Details
    • Value Estimation
      $395,000
      4,992 SF

      890 6th Ave

      DAY CARE, PRE-SCHOOL • 4,992 SF
      890 6th Ave, Vero Beach, FL 32960-5918
      View Details

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    Vero Beach, FL 32960-3181
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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