Eric Chery
Commercial

Commercial Sale · Commercial

$11,950,0003,525 sq ft$3,390 /sq ft3.1 acres27 units4.7% cap

, VERO BEACH, FL, 32960

Active71 days on marketListed May 11, 2026MLS #B26027111

About this property

The property at a glance

Prime Vero Beach Location! Newer 2BD/2BA in Victoria Village with soaring vaulted ceilings and bright open living spaces. Minutes to beaches, parks, shopping, dining, theatre & museums—plus quick access over the 17th St Bridge to Vero's most beautiful coastline. Light-filled interiors, modern finishes, and a quiet, welcoming community create the perfect blend of comfort and convenience. Hurry—this rare opportunity will not last.Sizes apporx and subj.to error.

3,525

Building sq ft

$3,390

Price / sq ft

3.1

Lot acres

2022

Year built

27

Units

RM-10

Zoning

Commercial

Property type

Building size3,525 sq ft
Lot size3.1 acres
Year built2022
Units27
ZoningRM-10
Business typeOther, Residential-Single Family
ConstructionConcrete Block Construction · CBS Construction · Stucco
CoolingOther
HeatingCentral · Electric
UtilitiesElectricity Available · Sewer Available · Water Available
Annual taxes$51,108

The numbers

Investment snapshot

4.7%

Cap rate

$564,732

Net operating income

$686,400

Gross income (yr)

$442,593

Price / unit

27

Units

Estimated payment (illustrative)

Down payment25% · $2,987,500
Interest rate6.00%
Loan term

Estimated payment

$58,154/mo

Principal & interest$53,735
Property taxes (actual bill)$4,259
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Eric to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

13,100vehicles / day · 2025Us-1/Sr-5 to Indian River Blvd · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

The area

Who's around this property

24,697

Population

$52,350

Median income

42.6

Median age

2.43

Avg household

$254,400

Median home value

$1,171/mo

Median rent

2,270

Households w/ kids

Recent sales

What actually sold near

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1642 Old Dixie Highway, Vero Beach FL 32960

$67,500

1642 Old Dixie Highway, Vero Beach FL 32960

Sold Jun 11, 2026

3215 Aviation Boulevard, Vero Beach FL 32960

$12

3215 Aviation Boulevard, Vero Beach FL 32960

Sold Nov 11, 2024

Gas Station Gas Station Us-1 Highway, Vero Beach FL 32960

$200,000

Gas Station Gas Station Us-1 Highway, Vero Beach FL 32960

Sold Oct 1, 2025

Your team

The pros in your corner

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for .

See it in person

Schedule a tour

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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