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Wade M. Berlin

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800 20th Place
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PRICED AT ONLY: $849,000

Address: 800 20th Place, Vero Beach, FL 32960

Description

Amazing opportunity with upside potential to own the fully leased 800 Building in the heart of Vero Beach! Minutes from Miracle Mile Plaza. Owned and managed by long time Vero Beach Real Estate family. Currently grossing $83K. Located where State Road 60 meets US 1! 6 individual office suites ranging from 750 sq ft to 950 sq ft. (2 can be combined for 1600 s q ft) Generous parking lot behind building. Concrete building with newer flat roof, (within 5 years) updated a/c units (most within 5 years) and lawn sprinkler system and easy to use accordion hurricane shutters. Zoned for professional/office, superior location with easy access to downtown, beach side, west of town. Well maintained. A ''turn key'' investment opportunity with all leases in place. 7% return on investment.
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  • MLS#: RX-11066850 ( Office )
  • Street Address: 800 20th Place
  • Viewed: 3
  • Price: $849,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1976
  • Bldg sqft: 0
  • Days On Market: 161
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Features
Building and Construction
  • Absolute Longitude: 80.39017
  • Flooring: Carpet, Tile
  • Roof: Other
  • Sqft Source: Tax Rolls
  • Total Building Sqft: 4800.00
  • Type Of Building: Office/Professional
Property Information
  • Property Condition: Resale
  • Property Desc: Professional Office
  • Property Group Id: 19990816212135227274000000
Utilities
  • Air Conditioned: 100.00
  • Cooling: Central Individual
  • Fire Protect: None
  • Heating: Central Individual
  • Num Of Stories: 1.0
  • Utilities: Electric, Public Sewer, Public Water
Finance and Tax Information
  • Expenses Common Area Maint: 1000.00
  • Expenses Insurance: 7000.00
  • Expenses Maint Repair: 4000.00
  • Expenses Management: 0.00
  • Expenses R E Taxes: 8618.00
  • Expenses Service: 2000.00
  • Expenses Total Expenses: 27618.00
  • Expenses Utilities: 5000.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric, Repairs
Other Features
  • Avail Docs: Aerial, Appraisal
  • Avail Info: Appraisal, Copies of Lease
  • Country: United States
  • Legal Desc: ''''''CONN ADD PBI 3-5 LOTS 19, 20, 21 BLK 2 & REPLAT OF HIKO PARK SUB PBI 2-13 BLK 2 LESS S 329.64 FT & RD R/W & LESS
  • Parcel Id: 33390100010002000019.0
  • Possession: At Closing
  • Sale Includes: Building and Land
  • Use: Professional Office
  • Zoning: C-1B
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin