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Property profile & analytics
OFF-MARKET
Office buildings
3885 20th St Vero Beach, FL 32960-2402
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3355202
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,588 SF
Lot
0.41 ac (17,860 SF)
Zoning code
POI
APN
33-39-03-00025-0010-00001.0
UPID
US18-3355202
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
-
Treasure Coast Title & Settlement of Vero LLC (Mainland) Title Company
-
Pest Control Helpline Pros Garden Center
-
Melissa Medlock, CPA Accounting Firm
-
Jones Insurance Advisors Insurance Agency
-
Birdiser Wildlife Group Animal Shelter Pet Adoption Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Avril T Morgan · 1 yrs held
Avril T Morgan
since 2024
Last sale
$290,000
7 recorded transactions
Zoning & alternative use
POI · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
you may contact the Planning and Development Department: Phone: 772-978-4550 Email: [email protected] Below are summary zoning information that may be helpful: Allowed uses Office and Institutional Districts: Use Types POI I Use Specific Standards Residential Uses - Dwellings Dwellings, single family detached P Residential Uses - Group Living Assisted living…
Zone name
Professional Office And Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
106.38 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,748
Tax year 2023
Assessed value
$634,874
Assessed 2023
Previous assessed
$640,804
-0.9% YoY
Effective rate
1.69%
On assessed value
Assessed land
$121,108
Assessed improvement
$513,766
Land market value
$121,108
Improvement market value
$513,766
Total market value
$634,874
Applied tax rate
8.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
9
Total area
6,588 SF
Lot
0.41 ac (17,860 SF)
Zoning code
POI
APN
33-39-03-00025-0010-00001.0
UPID
US18-3355202
Jurisdiction
INDIAN RIVER
Zoning & alternative use
POI · Vero Beach, FLZoning POI · permitted uses
POI · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
you may contact the Planning and Development Department: Phone: 772-978-4550 Email: [email protected] Below are summary zoning information that may be helpful: Allowed uses Office and Institutional Districts: Use Types POI I Use Specific Standards Residential Uses - Dwellings Dwellings, single family detached P Residential Uses - Group Living Assisted living facilities P Standards in Sec. 67.03(a) apply Group homes P Standards in Sec. 67.
Zone name
Professional Office And Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
106.38 ac
Building & site characteristics
From public records
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
9
Lot
0.41 ac
Current owner
From public records · entity-resolved
Avril T Morgan
Individual
Mailing address
3885 20TH ST, VERO BEACH, FL 32960-2402
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
$290,000
Avril T Morgan
Missy Rey76 LLC
Warranty Deed
$275,500 · Paramount Residential Mortgage Grou
Jun 25, 2024
$265,000
Timothy Andrew Large JR
Mark S Moore
Warranty Deed
$260,200 · Jackson Flagstar Centre Office
Dec 20, 2021
$1,375,000
Jm Financial Center LLC
Jh Graves Properties LLC
Warranty Deed
$666,000 · Marine Bank & Trust Company
Jun 14, 2019
—
J H Graves Properties LLC
—
Deed
related
$1,000,000 · Centerstate Bank Of Florida NA
Jun 28, 2011
$821,200
Jh Graves Properties LLC
Nt Investments LLC
Warranty Deed
—
Mar 3, 2006
—
Nt Investments LLC
Barnett,twana G
Warranty Deed
—
Jun 1, 1998
$400,000
Twana G Barnett
Beindorf,katheryn S
Grant Deed
$335,000 · Seller
—
—
J H Graves Properties LLC
—
Loan Modification
related
$717,416 · Marine Bk
—
—
Twana Barnett
—
Deed Of Trust
related
$821,155 · Marine Bank & Trust Co
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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