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1103 21st Street, Vero Beach, FL 32960,Vero Beach,Indian River,Commercial Sale

$1,695,000

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About The Property

Prime investment opportunity in the heart of vibrant Vero Beach, FL. This well-located, fully leased, free-standing building offers an impressive 8.5% ROI. Building featurs a high-quality restaurant with a tenant that has invested over $1 million in renovations. More information and detailed rent roll are available upon request

Property Details

Property Id: 1773194
Price: $1,695,000
Property Lot Size: 1 ft2
BuildingAreaSource: Public Records
BuildingAreaTotal: 5145
BusinessType: Arts and Entertainment, Commercial, Restaurant
ContractStatusChangeDate: 2024-12-06
Cooling: Other
CumulativeDaysOnMarket: 1305
DaysOnMarket: 656
Directions: Downtown Vero Beach, 5 block from the intracoastal.
DocumentsAvailable: Lease, Survey
Electric: 3 Phase
Flooring: Other
Heating: Other
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
Levels: One
ListAOR: BeachesMLS
ListAgentAOR: BeachesMLS
ListAgentDirectPhone: 561-235-6801
ListAgentEmail: mark.barone@compass.com
ListAgentFirstName: Mark
ListAgentFullName: Mark C Barone
ListAgentKey: 26943438
ListAgentLastName: Barone
ListAgentMiddleName: C
ListAgentMlsId: 20017558
ListAgentOfficePhone: 561-285-4283
ListAgentPreferredPhone: 561-235-6801
ListAgentStateLicense: 3255921
ListAgentURL: https://www.compass.com/agents/mark-barone/
ListOfficeAOR: BeachesMLS
ListOfficeEmail: brokerfl@compass.com
ListOfficeKey: 5925495
ListOfficeMlsId: 276611618
ListOfficeName: Compass Florida LLC
ListOfficePhone: 561-285-4283
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2024-12-06
ListingId: R11042949
ListingTerms: Cash, Conventional
LotSizeArea: 29185.2
MLSAreaMajor: 6321 - City of Vero Beach (IR)
MLSAreaMinor: INRV - Indian River
MajorChangeTimestamp: 2024-12-06T16:07:37.000-00:00
MajorChangeType: New Listing
MapCoordinateSource: Imported
MlsStatus: Active
MobileDimUnits: Feet
ModificationTimestamp: 2026-09-23T11:53:48.597-00:00
NumberOfUnitsTotal: 1
OnMarketDate: 2024-12-06
OnMarketTimestamp: 2024-12-06T00:00:00.000-00:00
OriginalEntryTimestamp: 2024-12-06T16:07:37.000-00:00
OriginalListPrice: 1695000
OriginatingSystemID: M00000170
OriginatingSystemKey: 333232313
OriginatingSystemName: BEACH
ParcelNumber: 333901000220020000010
PhotosChangeTimestamp: 2026-01-01T00:42:29.767-00:00
PhotosCount: 1
PostalCity: Vero Beach
Roof: Other
SecurityFeatures: Fire Alarm
Sewer: Public Sewer
SourceSystemID: TRESTLE
SourceSystemKey: 1129087410
SourceSystemName: flexmls
StateOrProvince: FL
StatusChangeTimestamp: 2024-12-06T16:07:37.000-00:00
Stories: 1
StreetName: 21st
StreetNumber: 1103
StreetNumberNumeric: 1103
StreetSuffix: Street
TaxAnnualAmount: 11771
TaxLegalDescription: EAST SIDE SUBDIVISION PBS 4-12 LOT 1 & E 1/2 OF LOT 2 & ALL OF LOTS 4 & 5 & N 15 FT OF LOT 6 BLK 2
TaxYear: 2024
TenantPays: Electricity, Insurance, Taxes, Water
UniversalPropertyId: US-12061-N-333901000220020000010-R-N
Utilities: Natural Gas Available
WaterSource: Public
YearBuilt: 1930
Zoning: C-1B

Amenities and Features

Other Features
Has Cooling System
Has Heating System

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$11,760.95
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 9,642.20

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Disclaimer

Property ID - | 1773194

All listings featuring the San Jose logo are provided by Association of San Jose. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2024 Association San Jose. All rights reserved.

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1103 21st Street, Vero Beach, FL 32960,Vero Beach,Indian River,Commercial Sale

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Tiffany L Young