1705 Office Plaza
1705 19th Place, Vero Beach, Florida 32960
Sold: $2,100,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
9,004 sqft
Land Size
0.57 acres
Sewer
City
Water
City
Zoning
(POI) Professional Office
Electric
FPL
Year Built
2004
Property Description
FEATURES:
- Professional Office Building
- Superb Central-Vero Location
- Small, Easy-to-Rent Units All Separately Metered
- Solid Poured Concrete Floors and Walls, Fire Sprinklers, Metal Roof, Hurricane Windows and Doors
- Beautifully Constructed with Balconies, Two-Tone Façade, Professional Landscaping and Numerous Windows
- Rent Roll, Site Plan, Survey, and Building Plans Available Upon Request with NDA
BUILDING: 9,004 SF Office Building on .57 Acres with 110 Ft. of Frontage on SR 60, Includes 1955 17th Avenue
YEAR BUILT: 2004
ZONING: (POI) Professional Office Institution
UTILITIES: City Water, Sewer & FPL
PARKING: 31 Parking Places
R.E. TAXES: $13,764.75 (2021)
CAP RATE: 5.71%
NOI: $125,372 (Pro Forma)
SALE PRICE: $2,195,000