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Property profile & analytics
OFF-MARKET
Specialty properties
6170 61st St Vero Beach, FL 32967-5216
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-0498131
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2020
Construction
WOOD FRAME
Total area
3,088 SF
Lot
4.78 ac (208,217 SF)
Zoning code
A-1
APN
32-39-08-00001-0150-00001.0
UPID
US18-0498131
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
-
The Rustica Wedding 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
The Rustica LLC · 7 yrs held
The Rustica LLC
since 2019
7 recorded transactions
Zoning & alternative use
A-1 · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$6,539
Tax year 2023
Assessed value
$439,675
Assessed 2023
Previous assessed
$369,525
+19.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$264,095
Assessed improvement
$175,580
Land market value
$264,095
Improvement market value
$175,580
Total market value
$439,675
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2020
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
4
Bathrooms
2
Total area
3,088 SF
Lot
4.78 ac (208,217 SF)
Zoning code
A-1
APN
32-39-08-00001-0150-00001.0
UPID
US18-0498131
Jurisdiction
INDIAN RIVER
Zoning & alternative use
A-1 · Vero Beach, FLZoning A-1 · permitted uses
A-1 · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2020
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
2
Lot
4.78 ac
Current owner
From public records · entity-resolved
The Rustica LLC
Entity
Mailing address
5665 61ST PL, VERO BEACH, FL 32967-6400
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
—
The Rustica LLC
—
Deed
related
$900,000 · Marine Bank & Trust Company
Mar 12, 2020
—
Rustica LLC
—
Deed
related
$300,000 · Centerstate Bk NA
May 30, 2019
$37,500
The Rustica LLC
Michael Mazzarella
Warranty Deed
$206,000 · National Bank Of Commerce
May 16, 2017
$130,000
Michael Mazzarella
Valerie Vanbenschoten
Warranty Deed
$80,000 · Harbor Community Bank
Dec 31, 2015
—
Valerie Vanbenschoten
Gavora Frank E & M K Trust
Quit Claim Deed
related
—
Aug 9, 2010
—
Gavora Frank E & Margaret K Trust
Gavora,frank E & Margaret K
Quit Claim Deed
related
—
Jun 13, 2005
—
Indian River County
Bittle,jodah B
Warranty Deed
related
—
May 13, 2005
$22,000
Jodah B Bittle
Gavora,frank E & Margaret K
Warranty Deed
—
Oct 1, 1999
$130,000
Marti Leighton
Nettles,willis R & Linda F
Grant Deed
—
—
—
Rustica LLC
—
Loan Modification
related
$300,000 · Centerstate Bk NA
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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