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.
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.
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
A fully renovated doctor's office is now available for immediate occupancy, offering 6 exam rooms, 1 storage closet, 1 utility room, 1 x ray room complete with x ray machine and equipment, 4 bathrooms
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