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Property profile & analytics
FOR LEASE
Retail space
935 17Th St Vero Beach, FL 32960
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0488722
For Lease
1 / 6
$22 SF/Yr
935 17Th St, Vero Beach, FL 32960
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,800 SF
Lot
0.87 ac (37,897 SF)
Zoning code
C-1B
APN
33-39-01-00000-5000-00016.0
UPID
US18-0488722
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
-
Center Court Tennis Outfitters Clothing Store Shoe Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$861k
Blend (final)
Blend
$885k
Owner & transaction history
Causeway Vero LLC · 1 yrs held
Causeway Vero LLC
since 2025
Last sale
$886,000
7 recorded transactions
Zoning & alternative use
C-1B · 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
Method
Estimation
Statistic approach
$885,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,290,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $886k (Jul 11 2024)
Last sale anchor
$886k
Jul 11 2024
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
$101 / 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
$15,704
Tax year 2023
Assessed value
$845,197
Assessed 2023
Previous assessed
$850,928
-0.7% YoY
Effective rate
1.86%
On assessed value
Assessed land
$256,496
Assessed improvement
$588,701
Land market value
$256,496
Improvement market value
$588,701
Total market value
$845,197
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
11
Total area
8,800 SF
Lot
0.87 ac (37,897 SF)
Zoning code
C-1B
APN
33-39-01-00000-5000-00016.0
UPID
US18-0488722
Jurisdiction
INDIAN RIVER
Zoning & alternative use
C-1B · Vero Beach, FL
Zoning C-1B · permitted uses
C-1B · 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
WAREHOUSE, STORAGE
Est. value
$1.3M
WAREHOUSE, STORAGE
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
11
Lot
0.87 ac
Current owner
From public records · entity-resolved
Causeway Vero LLC
Entity
Mailing address
1550 OLD DIXIE HWY APT #106, VERO BEACH, FL 32960-3655
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2025
$1,320,000
Causeway Vero LLC
Nancy D Bryant
Warranty Deed
$660,000 · Willam D Bryant & Nancy D Bryant Liv Tr
Jul 11, 2024
—
Nancy D Bryant
Nancy D Bryant
Intrafamily Transfer
related
—
Aug 29, 2005
—
William D Bryant
Bryant William D Trust
Quit Claim Deed
related
—
Apr 30, 2002
$886,000
Bryant Trust
Sis Realty 87 Ltd
Grant Deed
$664,500 · Northern Trust Bank Of Florida
—
—
Bryant,william D & Nancy D Trust
—
Deed Of Trust
related
$500,000 · Centerstate Bk/fl
—
—
Bryant,william D & Nancy D Trust
—
Loan Modification
related
—
—
—
Bryant,william D & Nancy D Trust
—
Deed Of Trust
related
$230,000 · Centerstate Bk/fl
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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