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    Property profile & analytics

    850 43rd SW Ave Vero Beach, FL 32968-4068

    • Retail space
    • 14,406 SF
    • 1.81 lot acres
    OFF-MARKET
    Value Estimation
    $5,055,000
    Last Sale
    Feb 24, 2021
    $4,190,500
    Location Intelligence
    Property ID
    US18-4638509
    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

    • Cardtronics ATM / Atm
    • Walgreens / Convenience Store / Cosmetics Store
    • Lisa I. Alsofrom, PharmD / Pharmacy
    • LibertyX Bitcoin ATM / Atm
    • Walgreens Photo / Photo Lab / Photo Shop

    Property Details for 850 43rd SW Ave

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.81 lot acres
    Property size
    14,406 SF
    Zone code
    CG
    Property type
    Retail space
    APN
    33-39-22-00030-0000-00001.0
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,450,000
      6.5%
      $4,310,000
      7%
      $4,790,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,650,000
      Geo Method
      $3,875,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,560,000
      Retail
      $4,210,000
      Mixed-Use
      $4,000,000
      Hospitality
      $3,980,000
      Educational
      $4,800,000
      Residential Income
      $4,830,000
      Energy
      $5,145,000
      Income-Based Land
      $3,885,000
      Food Service
      $3,910,000

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.43
    Latitude
    27.588
    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
    $30,530
    $670,174
    $1,223,155
    $1,893,329
    -
    $670,174
    $1,223,155
    $1,893,329

    Comparable in this City

    • Value Estimation
      $3,220,000
      8,972 SF

      2480 27th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,972 SF
      2480 27th SW Ave, Vero Beach, FL 32968-7813
      View Details
    • Value Estimation by Request
      9,114 SF

      870 66th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,114 SF
      870 66th SW Ave, Vero Beach, FL 32968-9303
      View Details
    • Value Estimation
      $355,000
      2,500 SF

      1055 27th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      1055 27th SW Ave, Vero Beach, FL 32968-5114
      View Details
    • Value Estimation by Request
      1,778 SF

      3700 9th SW St

      RETAIL STORES (PERSONAL SERVICES) • 1,778 SF
      3700 9th SW St, Vero Beach, FL 32968-4107
      View Details
    • Value Estimation
      $175,000
      4,000 SF

      725 27th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      725 27th SW Ave, Vero Beach, FL 32968-4207
      View Details
    • Value Estimation
      $5,085,000
      14,125 SF

      4215 9th SW St

      RETAIL STORES (PERSONAL SERVICES) • 14,125 SF
      4215 9th SW St, Vero Beach, FL 32968-4806
      View Details

    Similar Nearby for Sale

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      40+/- acres of agricultural land near new I-95 interchange.
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    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Retail Space in Vero Beach

      Retail space available in a Publix and CVS anchored center.
      4125-4165 9Th St SW, Vero Beach, FL 32968
      View Details
    • $3,461 /Mo
      1,750 SF

      Retail Space in Dixie Plaza

      Retail space for lease in a high-traffic plaza.
      2950 9Th St SW, Vero Beach, FL 32968
      View Details
    • Contact for pricing
      71,790 SF

      Vero Beach Retail Space Available

      High-traffic retail center, two suites available.
      4125 9Th St, Vero Beach, FL 32968
      View Details
    • $15 SF/Yr

      Vero Beach Flex Space Available

      Flex space with office, bay doors, and high ceilings.
      856 33Rd Ct SW, Vero Beach, FL 32968
      View Details
    • $14 SF/Yr

      Vero Beach Flex Space Available

      Flex space with office, warehouse, and heavy commercial zoning.
      815 33Rd Ct SW, Vero Beach, FL 32968
      View Details
    • $15 SF/Yr

      Vero Beach Flex Space Available

      Flex space with high ceilings and convenient highway access.
      863 33Rd Ct SW, Vero Beach, FL 32968
      View Details
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    850 43rd SW Ave
    Vero Beach, FL 32968-4068
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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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