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    Property profile & analytics

    398 21st St Vero Beach, FL 32960-5454

    • Strip malls
    • 22,496 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-0669197
    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

    • Tequila Azteca Mexican Restaurant / Mexican Restaurant / Bar & Grill

    Property Details for 398 21st St

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.38 lot acres
    Property size
    22,496 SF
    Zone code
    C-1B
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    33-39-01-00019-0000-00011.0
    APU
    9223372036854775807

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.3825
    Latitude
    27.6403
    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
    $39,170
    $510,000
    $1,589,169
    $2,099,169
    -
    $510,000
    $1,589,169
    $2,099,169

    Comparable in this City

    • Value Estimation
      $3,640,000
      19,975 SF

      1265 Old Dixie Hwy

      SHOPPING CENTER, STRIP CENTER • 19,975 SF
      1265 Old Dixie Hwy, Vero Beach, FL 32960-3746
      View Details
    • Value Estimation by Request
      139,414 SF

      1501 Us-1

      Neighborhood centers • 139,414 SF
      1501 Us-1, Vero Beach, FL 32960
      View Details
    • Value Estimation by Request
      133,779 SF

      401-575 21St St

      Neighborhood centers • 133,779 SF
      401-575 21St St, Vero Beach, FL 32960
      View Details
    • Value Estimation
      $2,420,000
      82,732 SF

      1501 Us Hwy 1st 1

      WHOLESALE OUTLET, DISCOUNT STORE • 82,732 SF
      1501 Us Hwy 1st 1, Vero Beach, FL 32960-5735
      View Details
    • Value Estimation
      $1,455,000
      45,900 SF

      1400 27th St

      WHOLESALE OUTLET, DISCOUNT STORE • 45,900 SF
      1400 27th St, Vero Beach, FL 32960-0303
      View Details
    • Value Estimation by Request
      73,655 SF

      500 21st St

      MINI-MALL • 73,655 SF
      500 21st St, Vero Beach, FL 32960-5495
      View Details

    Similar Nearby for Sale

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      Rare architectural gem suitable for jazz lounge or fine dining.
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      Mixed-use property with retail income and residential upside.
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      Turnkey vintage decor business with consignors and craftsman space.
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    Similar Nearby for Lease

    • Contact for pricing
      133,779 SF

      Vero Beach Retail Plaza Investment

      Prime Vero Beach Retail Space Available
      401-575 21St St, Vero Beach, FL 32960
      View Details
    • Contact for pricing
      5,620 SF

      Vero Beach Retail Space Available

      Retail space in grocery-anchored shopping center in Vero Beach.
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      View Details
    • Contact for pricing
      51,000 SF

      Vero Beach Retail Anchor Space

      Former Kmart anchor space available for lease in Vero Beach.
      1501 Us Highway 1, Vero Beach, FL 32960
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    • $36 SF/Yr
      1,650 SF

      Renovated Restaurant Space in Vero

      Fully renovated restaurant space in prime Vero Beach location.
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      36,590 SF

      Vero Beach Retail Outparcel Opportunity

      High-visibility US-1 retail pad, 0.84 acres.
      1801 Us-1, Vero Beach, FL 32960
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    • $35 SF/Yr
      1,275 SF

      Retail Space on 20th Street

      Retail space with high visibility and signage opportunities available.
      5125-5135 20Th St, Vero Beach, FL 32960
      View Details

    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      3.3k
    • Avg Time on site
      63 min
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    398 21st St
    Vero Beach, FL 32960-5454
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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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