3001 Ocean DrVero Beach, FL 32963

Property Details for 3001 Ocean Dr

Year built

2002

Construction

CONCRETE

Lot size

1.31 AC

Property size (Sq ft)

101,379 SF

Zone code

C-1A

Property type

Office properties

Property subtype

Office buildings

APN

32-40-32-00006-0020-00051.0

APU

9223372036854775807

Description

This exceptional Class A office suite, located at 3001 Ocean Dr in Vero Beach, Florida (zip code 32963), presents a fantastic opportunity for businesses seeking a prestigious location. The suite, identified as Park Place- Suite 107, offers 1,683 square feet of well-appointed space, perfect for a variety of professional uses. The property is categorized as both retail and office, and currently has one available space within a multi-tenant building. Its "Traditional Office" subtype suggests a layout suitable for established businesses or those seeking a professional environment. The building's Class A designation indicates high-quality construction, modern amenities, and excellent maintenance. Situated in Vero Beach, Florida, this property benefits from the area's vibrant business community and attractive coastal setting. The precise latitude and longitude coordinates are 27.650067, -80.3559138, allowing for easy location verification and mapping. This is an ideal space for businesses seeking a blend of professional image and convenient access to the amenities of Vero Beach. The property's location at 3001 Ocean Dr provides excellent visibility and accessibility. Don't miss this chance to secure a prime office space in a desirable location. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $39,503,000

  6.5%

  $36,464,308

  7%

  $33,859,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,842,520

  Geo Method

  $25,842,520

• Alternative Use

  Use

  Valuation

  Residential

  $45,215,740

  Hospitality

  $41,417,376

  Educational

  $34,458,768

  Medical

  $35,643,860

  Retail

  $53,602,532

Location Insight

City

Vero Beach

County

Indian River

State

Florida

Latitude

27.6501

Longitude

-80.3561

CBSA code

42680

CBSA name

SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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