Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    940 6th St Vero Beach, FL 32962-1545
    Back to Search
    Property profile & analytics

    940 6th St, Vero Beach, FL 32962-1545

    View on Map

    • Residential income homes
    • 3,344 SF
    • 0.50 lot acres
    Off-Market
    Last Sale Jul 5, 2023
    $585,000
    Property ID
    US19-0384124
    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.

    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    6.5%
    Residential income homes
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 940 6th St

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.50 lot acres
    Zone code
    RM-6
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    33-39-13-00013-0000-00025.0
    APU
    9223372036854775807

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 5, 2023 $585,000 940 6th Street LLC Blackpine Properties LLC Warranty Deed —
    Jun 27, 2022 $533,400 Blackpine Properties LLC Tkr Vero LLC Warranty Deed $480k · Kiavi Funding INC
    Sep 20, 2012 — Tkr Vero LLC Msdg LLC Grant Deed · related —
    Jul 6, 2012 $925,000 Tkr Vero LLC Msdg LLC Warranty Deed $694k · The Northern Trust Co
    Dec 23, 2010 — Msdg LLC Sybil Investment Ptshp Ltd Quit Claim Deed · related —
    May 22, 2006 $880,000 Sybil Investment Ptshp Ltd Bilken Group INC Warranty Deed —
    — — Tkr Vero LLC — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $595,000
      ML approach
      $545,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $645,000
      6.5%
      $595,000
      7%
      $550,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $681,000
      Market price range: $431k - $904k
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $630,000
      Current use
      MEDICAL BUILDING
      $800,000
      Change: +28% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $725,000
      Change: +15% Conversion: Difficult
      RETAIL STORES
      $720,000
      Change: +15% Conversion: Difficult
      OFFICE BUILDING
      $695,000
      Change: +11% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.3917
    Latitude
    27.6128
    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
    $6,799
    $55,539
    $400,434
    $455,973
    -
    $55,539
    $400,434
    $455,973
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message