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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Office Spaces
3790 7th Terb Vero Beach, FL 32960-6552
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-5991327
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1998
Total area
4,526 SF
Zoning code
COCR
APN
32-39-25-00003-0000-00002.0
UPID
US18-5991327
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$733k
Blend (final)
Blend
$730k
Owner & transaction history
Dpvb Real Estate LLC · 6 yrs held
Dpvb Real Estate LLC
since 2019
5 recorded transactions
Zoning & alternative use
COCR · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+28.1%
Auto repair, garage
$980,000
+18.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vero Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vero Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$830,000
Current use
MEDICAL BUILDING
$1,060,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$980,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$825,000
Change: -1% · Conversion: Moderate
WAREHOUSE, STORAGE
$665,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$161 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,946
Tax year 2023
Assessed value
$673,000
Assessed 2023
Previous assessed
$673,000
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed improvement
$673,000
Improvement market value
$673,000
Total market value
$673,000
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Units
1
Total area
4,526 SF
Zoning code
COCR
APN
32-39-25-00003-0000-00002.0
UPID
US18-5991327
Jurisdiction
INDIAN RIVER
Zoning & alternative use
COCR · Vero Beach, FL
Zoning COCR · permitted uses
COCR · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vero Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$830,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$980,000
RETAIL STORES
Est. value
$825,000
WAREHOUSE, STORAGE
Est. value
$665,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
1
Units
1
Current owner
From public records · entity-resolved
Dpvb Real Estate LLC
Entity
Mailing address
1161 INDIAN MOUND TRL, VERO BEACH, FL 32963-2408
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2019
$1,075,000
Dpvb Real Estate LLC
Boyle & Drake INC
Warranty Deed
$2,180,000 · Live Oak Bkg
Dec 22, 2004
$1,040,000
Boyle & Drake INC
Hcd Properties LLC
Warranty Deed
$770,000 · Northern Trust Bank Of Florida
Aug 2, 2000
$925,000
Hcd Properties LLC
Oak Point Dev Group INC
Grant Deed
$725,000 · Individual
—
—
Hcd Properties LLC
—
Deed Of Trust
related
$800,000 · Suntrust Bank NA
—
—
Boyle & Drake INC
—
Deed Of Trust
related
$220,000 · Northern Trust Bank Of Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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