1443 19th Pl - Residential Income FOR SALE


Vero Beach, FL 32960
$1,395,000 USD
772-268-4220
1443 19th Pl, Vero Beach, FL for Sale
$1,395,000 USD
Residential Income - FOR SALE
1/48
null | Request Cap Rate

NEW


1443 19th Pl
Vero Beach, FL 32960


HIGHLIGHTS

  • Historic 1918 structure comprehensively updated in 2022 with major building systems and finishes
  • Detached 900-square-foot studio building with full bath and utility upgrades for additional income potential
  • Prime downtown location within walking distance of restaurants, galleries, and entertainment venues
  • Convenient access to I-95, Florida’s Turnpike, and Atlantic Ocean beaches, enhancing regional connectivity

OVERVIEW

This distinctive 1918 landmark property offers an exceptional mixed-use investment in the heart of Downtown Vero Beach’s Cultural Arts Village. Fully renovated in 2022, it combines timeless architectural character with modern upgrades to support diverse revenue streams, including boutique hospitality, retail, and residential rentals. The main structure features eight well-appointed guest accommodations and a large communal kitchen, providing an immediate opportunity for short-term lodging operations. A two-bedroom apartment adds flexibility as an owner’s residence, long-term rental, or premium suite. The property’s mixed-use zoning supports multiple commercial ventures, from a boutique café or gallery to wellness or event spaces. A detached studio building with full bath and enhanced systems offers additional rental or creative use potential. Significant capital improvements include a new roof, upgraded insulation, impact-resistant windows, and refinished original hardwood flooring, ensuring longevity and cost efficiency. Dedicated on-site parking and proximity to abundant street and public parking enhance access. Situated just minutes from ocean beaches, I-95, and Florida’s Turnpike, the location also benefits from recent zoning adjustments promoting redevelopment and appreciation while maintaining walkable urban charm. This asset presents a rare opportunity to acquire a fully modernized historic property in a vibrant and evolving district poised for continued growth.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

DTW

APN/PARCEL ID

33-39-02-00007-0090-00027.0

ASK ABOUT THIS PROPERTY

Bryan WhiteheadOhana Real Estate Co.More Info
772-268-4220

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Bryan WhiteheadOhana Real Estate Co.More Info
772-268-4220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.