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Property profile & analytics
OFF-MARKET
Residential income homes
4210 32nd Ave Vero Beach, FL 32967-1438
Individually Owned
16-yr Hold
Free & Clear
Property ID
US18-3248644
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,152 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RM-10
APN
32-39-27-00005-0000-00008.0
UPID
US18-3248644
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Greville H Ewar · 16 yrs held
Greville H Ewar
since 2010
1 recorded transaction
Zoning & alternative use
RM-10 · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
These districts are designed to provide suitable areas for medium density residential development where sufficient urban services and facilities are provided or where the extension of such services and facilities will be physically and economically feasible. It is also the intent of this section to permit single family and two family structures as well as mu…
Zone name
Multiple Family Residential
General category
RESIDENTIAL
Zone area
134.34 ac
Source
Realmo
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
$786
Tax year 2023
Assessed value
$49,713
Assessed 2023
Previous assessed
$49,713
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$8,734
Assessed improvement
$40,979
Land market value
$8,734
Improvement market value
$40,979
Total market value
$49,713
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Bathrooms
1
Total area
1,152 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RM-10
APN
32-39-27-00005-0000-00008.0
UPID
US18-3248644
Jurisdiction
INDIAN RIVER
Zoning & alternative use
RM-10 · Vero Beach, FLZoning RM-10 · permitted uses
RM-10 · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
These districts are designed to provide suitable areas for medium density residential development where sufficient urban services and facilities are provided or where the extension of such services and facilities will be physically and economically feasible. It is also the intent of this section to permit single family and two family structures as well as multiple family structures developed within a medium density range as defined in the text and provided a sufficient open space is preserved on the same lot
Zone name
Multiple Family Residential
General category
RESIDENTIAL
Zone area
134.34 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Bathrooms
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Greville H Ewar
Individual
Free & Clear · 16 yrs held
Mailing address
2338 3RD AVE SE, VERO BEACH, FL 32962-8223
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2010
—
Greville H Ewar
Hill,c J
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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