Description

Prime investment opportunity in the heart of vibrant Vero Beach, FL. This well-located, fully leased, free-standing building offers an impressive 8.5% ROI. Building featurs a high-quality restaurant with a tenant that has invested over $1 million in renovations. More information and detailed rent roll are available upon request

Address

Open on Google Maps

Address: 21st
City: Vero Beach
State/county: Indian River
Zip/Postal Code: 32960
Area: Vero Beach

Details

Updated on September 3, 2026 at 11:51 pm

Property ID R11042949
Price $1,695,000
Land Area 0.67 Sq Ft
Year Built 1930
Type Business
Property Status Commercial Sale

Additional details

BuildingAreaSource Public Records
BuildingAreaTotal 5145
BusinessType Arts and Entertainment, Commercial, Restaurant
CLIP 3457764278
ContractStatusChangeDate 2024-12-06
Cooling Other
CumulativeDaysOnMarket 1285
CurrentPrice 1695000
DaysOnMarket 636
DaysOnMarketReplication 636
DaysOnMarketReplicationDate 2026-09-03
DaysOnMarketReplicationIncreasingYN 1
Directions Downtown Vero Beach, 5 block from the intracoastal.
DocumentsAvailable Lease, Survey
DocumentsCount 0
Electric 3 Phase
Flooring Other
Heating Other
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
Levels One
ListAOR BeachesMLS
ListAgentAOR BeachesMLS
ListAgentDirectPhone 561-235-6801
ListAgentEmail mark.barone@compass.com
ListAgentFirstName Mark
ListAgentFullName Mark C Barone
ListAgentKey 26943438
ListAgentKeyNumeric 26943438
ListAgentLastName Barone
ListAgentMiddleName C
ListAgentMlsId 20017558
ListAgentNationalAssociationId 248002775
ListAgentOfficePhone 561-285-4283
ListAgentPreferredPhone 561-235-6801
ListAgentStateLicense 3255921
ListAgentURL https://www.compass.com/agents/mark-barone/
ListOfficeAOR BeachesMLS
ListOfficeEmail brokerfl@compass.com
ListOfficeKey 5925495
ListOfficeKeyNumeric 5925495
ListOfficeMlsId 276611618
ListOfficeName Compass Florida LLC
ListOfficePhone 561-285-4283
ListingAgreement Exclusive Right To Sell
ListingContractDate 2024-12-06
ListingKeyNumeric 1129087410
ListingTerms Cash, Conventional
LotSizeArea 29185.2
MLSAreaMajor 6321 - City of Vero Beach (IR)
MLSAreaMinor INRV - Indian River
MajorChangeTimestamp 2024-12-06T16:07:37.000-00:00
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp 2026-09-03T23:41:51.443-00:00
NumberOfUnitsTotal 1
OnMarketDate 2024-12-06
OnMarketTimestamp 2024-12-06T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-09-03T19:41:04.610-00:00
OriginalEntryTimestamp 2024-12-06T16:07:37.000-00:00
OriginalListPrice 1695000
OriginatingSystemID M00000170
OriginatingSystemKey 333232313
OriginatingSystemListAgentMemberKey 1265364
OriginatingSystemListOfficeKey 1153560
OriginatingSystemModificationTimestamp 2026-09-03T19:41:04.610-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_BEACH
ParcelNumber 333901000220020000010
Permission IDX
PhotosChangeTimestamp 2026-01-01T00:42:29.767-00:00
PhotosCount 1
PostalCity Vero Beach
PropertySubTypeAdditional Business
Roof Other
SecurityFeatures Fire Alarm
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1129087410
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp 2024-12-06T16:07:37.000-00:00
Stories 1
StreetName 21st
StreetNumber 1103
StreetNumberNumeric 1103
StreetSuffix Street
TaxAnnualAmount 11771
TaxLegalDescription EAST SIDE SUBDIVISION PBS 4-12 LOT 1 & E 1/2 OF LOT 2 & ALL OF LOTS 4 & 5 & N 15 FT OF LOT 6 BLK 2
TaxYear 2024
TenantPays Electricity, Insurance, Taxes, Water
UniversalPropertyId US-12061-N-333901000220020000010-R-N
Utilities Natural Gas Available
VideosCount 0
WaterSource Public
Zoning C-1B