70 Royal PalmVero Beach, FL 32960

  • Medical offices
  • 4,796 SF
Off market
$611,490 Estimated

Property Details for 70 Royal Palm

Year built
1984
Property size (Sq ft)
4,796 SF
Property type
Medical offices
Property subtype
Medical space
APN
32-40-31-00016-0000-00003.0
APU
9223372036854775807

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,117,770
    6.5%
    $1,954,870
    7%
    $1,815,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,222,550
    Geo Method
    $1,222,550
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,735,890
    Retail / Commercial
    $1,937,830
    Mixed-Use / Specialty
    $1,948,320
    Hospitality / Lodging
    $1,452,070
    Institutional / Educational
    $2,031,690
    Residential Income
    $2,377,070
    Multifamily
    $2,754,470
    Automotive / Energy
    $1,741,450
    Parking / Income-Based Land
    $583,760
    Restaurant / Food Service
    $1,050,470
    Healthcare / Senior Housing
    $1,980,120

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
$10,218
-
$611,490
$611,490
-
-
$611,490
$611,490

FAQs

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