New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Residential income homes
805 Live Oak Rd, Vero Beach, FL 32963-1383
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-0340854
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1956
Construction
CONCRETE BLOCKS
Total area
2,792 SF
Lot
0.39 ac (16,988 SF)
Zoning code
RM-10
APN
32-40-32-00003-0070-00005.0
UPID
US18-0340854
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
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$1.08M
Owner & transaction history
D&p Exchange Holdings LLC · 4 yrs held
D&p Exchange Holdings LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
RM-10 · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$670,000
+27.5%
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
Method
Estimation
Statistic approach
$1,340,000
ML approach
$1,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$670,000
Change: +28% · Conversion: Moderate
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $1.12M (Feb 24 2022)
Last sale anchor
$1.12M
Feb 24 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$387 / SF
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
$16,667
Tax year 2023
Assessed value
$1,050,266
Assessed 2023
Previous assessed
$1,050,266
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$454,854
Assessed improvement
$595,412
Land market value
$454,854
Improvement market value
$595,412
Total market value
$1,050,266
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
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
1956
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
3
Bathrooms
2
Total area
2,792 SF
Lot
0.39 ac (16,988 SF)
Zoning code
RM-10
APN
32-40-32-00003-0070-00005.0
UPID
US18-0340854
Jurisdiction
INDIAN RIVER
Zoning & alternative use
RM-10 · Vero Beach, FL
Zoning 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
Vero Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$670,000
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Bathrooms
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
D&p Exchange Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
505 NE 13TH ST STE, FORT LAUDERDALE, FL 33304-1171
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2022
$1,115,000
D&p Exchange Holdings LLC
Mickatthetides LLC
Warranty Deed
—
Dec 7, 2016
$550,000
Mickatthetides LLC
Grathwohl,thomas J
Warranty Deed
—
Aug 29, 2012
—
Thomas J Grathwohl
Pelican Beach LLC
Grant Deed
—
Nov 5, 2004
$799,000
Pelican Beach LLC
Rj Smith LLC
Warranty Deed
$639,200 · Southtrust Mortgage Corp
Mar 21, 2002
$330,000
Rj Smith LLC
Zorzy,james & Anna
Grant Deed
—
Jun 1, 2001
$370,000
James Zorzy
Gilbert,brian W & Gloria J
Grant Deed
$270,000 · Marine Bank & Trust Co
May 21, 1999
$161,000
Brian W Gilbert
Posada,humberto & Lori A
Grant Deed
$188,000 · Marine Bank & Trust Co
—
—
Brian W Gilbert
—
Deed Of Trust
related
$25,000 · Harbor Fsb
—
—
Brian W Gilbert
—
Deed Of Trust
related
$30,000 · Marine Bank & Trust Co
—
—
Brian W Gilbert
—
Deed Of Trust
related
$75,000 · Marine Bank & Trust Co
—
—
Brian W Gilbert
—
Deed Of Trust
related
$50,000 · Marine Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 805 Live Oak Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
