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Property profile & analytics

573 27th SW Ave Vero Beach, FL 32968-4202

  • Retail space
  • 2,870 SF
  • 0.33 lot acres
OFF-MARKET
Value Estimations
$275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-2578043
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

  • South County Discount Beverage / Convenience Store
  • Orlandi Valuta / Money Transfer Service / Money Order Service

Property Details for 573 27th SW Ave

Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.33 lot acres
Property size
2,870 SF
Zone code
CL
Property type
Retail space
APN
33-39-22-00002-0001-00002.0
APU
9223372036854775807

Description

This exceptional single-tenant retail property, located at 573 27th Ave SW in Vero Beach, Florida (zip code 32968), presents a lucrative investment opportunity. The property encompasses a 3,440 square foot building situated on a 0.33-acre lot. Currently operating as a thriving convenience store, the business boasts impressive monthly sales figures. The store generates approximately $35,000 in monthly grocery and beer sales, supplemented by a consistent $2,500 monthly lottery commission. Furthermore, the cash checking services yield nearly $80,000 per week in additional revenue. The property's current monthly rent is $4,000. The asking price includes $165,000 for business goodwill, with inventory priced at cost. This one-story building offers a prime location in the heart of Vero Beach, providing excellent visibility and accessibility. The property's strong financial performance, coupled with its desirable location, makes it an attractive investment for discerning buyers seeking a high-return opportunity in a stable market. The property is zoned for retail use and is ready for immediate occupancy. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $460,000
    6.5%
    $425,000
    7%
    $395,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $198,000
    Market price range: $116k - $414k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Vero Beach
County
Indian River
State
Florida
Longitude
-80.4146
Latitude
27.5931
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
$3,901
$61,200
$158,373
$219,573
-
$61,200
$158,373
$219,573
More about this property
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