2101 14th Ave - Apartments FOR SALE


Vero Beach, FL 32960
$4,500,000 USD
772-532-1165
2101 14th Ave, Vero Beach, FL for Sale
$4,500,000 USD
Apartments - FOR SALE
1/26
null | 6.84% Cap Rate

2101 14th Ave
Vero Beach, FL 32960


OVERVIEW

FEATURES: - Vero’s Landmark Mixed-Use Property! - 23 Residential Units and 10 Commercial Units - Aggressively Maintained Historic Building. - Numerous Residential Units Refurbished in the Past Three Years Including HVAC Replacement, Fixture Updates, Kitchen and Restroom Upgrades, Doors, Blinds, Toilets, Tile, Water Heaters etc. - Plumbing/Re-Piping and Electrical Upgrades Including Full Meter-Room Replacement and Re-Wiring to all Residential Units. - Building Security System with Video Monitoring! - Full Coverage Fire Sprinkler System. BUILDING: 25,670 2-Story Building on .48 Acres YEAR BUILT: 1925; Renovated 2003 ZONING: (DTW) Downtown District UTILITIES: City Water, Sewer, FPL R.E. TAXES: $19,740.39 (2025) NOI: $307,766.28 (PRO-FORMA = $364,606.56) CAP RATE: 6.84% (PRO-FORMA = 8.01%) SALE PRICE: $4,500,000

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

23

PRICE/UNIT

$195,652

CAP RATE

6.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Pocahontas Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

DTW

APN/PARCEL ID

33-39-02-00001-0350-00010.0

ASK ABOUT THIS PROPERTY

Kevin LambertLambert Commercial Real Estate, IncMore Info
772-532-1165

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Kevin LambertLambert Commercial Real Estate, IncMore Info
772-532-1165

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