The Pocahontas Building

FEATURES:

• Vero’s Landmark Mixed-Use Property!
• 23 Residential Units and 10 Commercial Units
• Aggressively Maintained Historic Building.
• Numerous Residential Units Refurbished in the Past Three Years Including HVAC Replacement, Fixture Updates, Kitchen and Restroom Upgrades, Doors, Blinds, Toilets, Tile, Water Heaters etc.
• Plumbing/Re-Piping and Electrical Upgrades Including Full Meter-Room Replacement and Re-Wiring to all Residential Units.
• Building Security System with Video Monitoring!
• Full Coverage Fire Sprinkler System.

BUILDING: 25,670 2-Story Building on .48 Acres
YEAR BUILT: 1925; Renovated 2003
ZONING: (DTW) Downtown District
UTILITIES: City Water, Sewer, FPL
R.E. TAXES: $19,740.39 (2025)
NOI: $307,766.28 (PRO-FORMA = $364,606.56)
CAP RATE: 6.84% (PRO-FORMA = 8.01%)
SALE PRICE: $4,500,000