825 .91 Acre Site(3 Parcels) Us1 Street Vero Beach, FL $ 1,995,000
825 .91 Acre Site(3 Parcels) Us1 Street
$ 1,995,000
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825 .91 Acre Site(3 Parcels) Us1 Street

Vero Beach, FL, 32960
$ 1,995,000
Baths3.0 Sq 6,990

Monthly Estimate*

$ 13,936

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Studio

Commercial Property for sale in Vero Beach, FL

for $1,995,000 with 3 full baths. This 6,990 square foot building was built in 1953.

Prime US Hwy 1 frontage comprising of 3 parcels totaling 0.91 acres with 170 ft of US Hwy 1 frontage and additional access points & frontage on 11th St and Commerce Ave. Currently set up with 4 structures including a 3,782 SF free standing commercial building, a separate 1,800 SF free standing auto repair building, a 1,288 SF residential duplex and a 120 SF metal storage structure. Ideal redevelopment site with over 23,500 cars passing each day. Very visible location with major retailers all around. Existing income in place while developing. Owner financing possible of 70% LTV at 7% interest.

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Commercial Pending

Price

$ 1,995,000

Bedrooms

Studio

Full Bath

3

Property Type

Commercial

Taxes

$ 7,974

Style

Industrial

Year Built

1953

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

1006516

Features
General
Sewer Unknown
Roof Shingle Rolled/Hot Mop
Year Built 1953
Property SubType Industrial
Tax Year 2023
Additional Parcels Description 33391200011004000009.0 33391200011004000003.0
County Indian River
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Status Pending
Directions Located on the east side of US Hwy 1 at the SE corner of 11th St.
City Vero Beach
View Y/N N
Senior Community Y/N N
Zoning Description Commercial
Total Units 3
MLS Area 904 - Indian River
Lot Size Square Feet 0.0
Waterfront Y/N N
Street Name .91 Acre Site(3 Parcels) Us1
Land Lease Y/N N
Tax Annual Amount 7974.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 904 - Indian River
Additional Parcels Y/N Y
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1006516
Standard Status Pending
Legal Description 3 legal descriptions and Tax ID's attached.
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Exterior
Parking Features Carport Off Street Parking Lot Other
Lot Features Other
Water Source Public
Inclusions {u'Building & Land': True}
Lot Size Area 0.0
Spa N
Lot Size Acres 0.0
Road Frontage Type Highway
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Street Suffix Street
Electric On Property Y/N N
Total Baths 3
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Internal Only
Street Number 1 825
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* Excluded Features
List By
Ron Rennick Auctions, Inc.

Broker

ron@rennickrealtors.com

Email

Affordability Calculator

$14,600
Per Month
95%
5%
0%
Monthly Principal & Interest
$13,936
Monthly Property Taxes
$665
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2024$1,995,000 Listed Price

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825 .91 Acre Site(3 Parcels) Us1 Street, Vero Beach, FL, 32960 is a Commercial Property for sale at $1,995,000 with 6,990 sqft. 825 .91 Acre Site(3 Parcels) Us1 Street is a studio with 3.0 baths and was built in 1953. The property's zip code is 32960 which is in Vero Beach, FL