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Property profile & analytics
OFF-MARKET Estimated value $870,000
Office buildings

3611 Rio Vis Blvd Vero Beach, FL 32963-1543

4,290 SF 0.92 ac lot Built 1990
Individually Owned Free & Clear
Property ID
US18-5906428
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Construction WOOD
Total area 4,290 SF
Lot 0.92 ac (40,075 SF)
Zoning code C-1M
APN 32-40-31-00007-0010-00008.0
UPID US18-5906428
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vero Beach Rental Boats Boat Rental Service
  • Sail Moonraker Tour Operator (Bike/Boat/Book/etc) Store
  • Scrubbing Bubbles/dive Service (Bike/Boat/Book/etc) Store
  • My Dinghy Dock Marina
  • Atlantic Mobile Marine Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$755k
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$870k
Owner & transaction history
CITY VERO BEACH
CITY VERO BEACH
Zoning & alternative use
C-1M · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-1M zoning district is consistent with the C, Commercial future land use designation. What uses are allowed in the C-1M zoning district? The following principal uses are permitted in the C-1M zoning district: Marinas Restaurants Restricted Sales and Service Recreation and Parks Public and Private Utilities Clubs Fire Stations Is the C-1M zoning district a m…

Zone name Marina
General category COMMERCIAL
Zone area 7.03 ac
Top alternative use upside
Medical building $1.0M +15.1%
Auto repair, garage $930,000 +4.1%
Retail stores $925,000 +3.5%
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