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Last updated on November 6th, 2024

Net-Leased Investment in Downtown Vero Beach

$3,595,000

2205 14th Avenue, Vero Beach, Florida 32960


Building Size8,055 Square Feet
Land Size0.43 Acres
Zoning(DTW) Downtown
WaterCity
SewerCity
ElectricFPL

FEATURES:

  • Rare Opportunity to Own One of Central Vero’s Finest Office Buildings!
  • Fully Leased to Fortis Payment Systems Through July 31, 2030!
  • Minimal Landlord Responsibilities, with Tenant Paying all Major Operating Expenses.
  • Building Features Many Tenant Amenities Such as Large Private Parking Lot, Covered Outdoor Seating Area, Private Kitchen & Close Proximity to Restaurants.
  • Full Renovation Included Roof, Impact Rated Windows/Doors, Six HVAC Systems, Fire Suppression System, Exterior/Interior Security Monitoring, Fiber Optics Etc.

BUILDING: 8,055 SF 2 Story Office Building on .43 Acres with 150 Ft. of Frontage on 14th Avenue and 125 Ft. of Depth
R.E. TAXES: $14,108.20 (2023)
ZONING: (DTW) Downtown
YEAR BUILT: Full Interior/Exterior Renovation in 2019!
UTILITIES: City Water & Sewer, FPL
NOI: $232,800 (Cap Rate = 6.48%)
SALE PRICE: $3,595,000


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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