Property profile

914 Tropic Dr Vero Beach, FL 32963

OFF-MARKET
Residential income homes
Property ID
US18-1690296
2,088 SF 0.23 ac lot Built 1979
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1979
Construction CONCRETE BLOCKS
Total area 2,088 SF
Lot 0.23 ac (10,019 SF)
Zoning code RM-10/12
APN 32-40-29-00001-0040-00015.0
UPID US18-1690296

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

914 Tropic Dr Vero Beach, FL 32963-1255
Vero Beach metro Census 50505 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2014
4 recorded transactions
2014
Price N/A
2011
$228,900
2007
Price N/A
2000
$186,714

Zoning & alternative use

RM-10/12 · Vero Beach, FL
Zoning description

This district is designed to provide suitable areas for high density residential development where sufficient urban services and facilities are provided or where such facilities will be available prior to the development

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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