70 Royal PalmVero Beach, FL 32960

  • Medical offices
  • 1,738 SF
Off market
$221,595 Estimated

Property Details for 70 Royal Palm

Year built
1984
Property size (Sq ft)
1,738 SF
Property type
Medical offices
Property subtype
Medical space
APN
32-40-31-00016-0000-00002.0
APU
9223372036854775807

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $767,450
    6.5%
    $708,416
    7%
    $657,815
  • Comparable approach

    Method
    Valuation
    Relative Method
    $443,034
    Geo Method
    $443,034
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,353,830
    Retail / Commercial
    $702,240
    Mixed-Use / Specialty
    $706,042
    Hospitality / Lodging
    $526,211
    Institutional / Educational
    $736,253
    Residential Income
    $861,416
    Multifamily
    $998,178
    Automotive / Energy
    $631,074
    Parking / Income-Based Land
    $211,546
    Restaurant / Food Service
    $380,676
    Healthcare / Senior Housing
    $717,567

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.6473
Longitude
-80.3798
CBSA code
42680
CBSA name
SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,711
-
$221,595
$221,595
-
-
$221,595
$221,595

FAQs

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