For Sale
$899,900

148 Vista Royale Blvd Vero Beach, FL 32962

Prime Vero Beach office, multi-tenant, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a charming, standalone office building located at 148 Vista Royale Blvd, Vero Beach, FL 32962. The property, a Class B Traditional Office building, boasts 4,236 square feet situated on a 0.59-acre lot. Built in 1989 and renovated in 1996, the building offers two units, making it ideal for owner-occupancy or multi-tenant leasing. The asking price is $899,900, translating to a price per square foot of $212.44. The property features a modified lease type with a 3% annual rent bump, ensuring consistent income growth for investors. The property's APN is 33401900011000000005.0. Located in Indian River County, this property presents a compelling opportunity for both owner-users seeking a comfortable and well-maintained workspace and investors looking for a strong return on investment in a desirable location. The building's size and layout offer flexibility for various business needs, while its established location in Vero Beach provides excellent access to local amenities and a thriving business community. This is a rare opportunity to acquire a well-maintained, income-producing asset in a highly sought-after area.

Highlights

  • Free-standing office building, ideal for owner-occupancy or investment.
  • High-traffic location with excellent visibility.
  • Ample on-site parking.
  • Modern interior finishes.
  • Flexible floor plan adaptable to various business needs.

Property Details for 148 Vista Royale Blvd

Property type
Office properties
Square Feet
4,236 SF
Class
B
Year Built/Renovated
1989/1996
Lot Size (sq. ft)
25,700 SF
Units
2

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.5996376
Longitude
-80.3789768

FAQs

What type of property is this?
Office property - Prime Vero Beach office, multi-tenant, high ROI.
Where is the office property located?
The property is located at 148 Vista Royale Blvd Vero Beach, FL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Free-standing office building, ideal for owner-occupancy or investment.; High-traffic location with excellent visibility.; Ample on-site parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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148 Vista Royale Blvd
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