Commercial Sale · Commercial
1103 21st Street, Vero Beach FL 32960, VERO BEACH, FL, 32960
Active621 days on marketListed Dec 6, 2024MLS #R11042949
About this property
The property at a glance
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
5,145
Building sq ft
$329
Price / sq ft
0.67
Lot acres
1930
Year built
1
Unit
C-1B
Zoning
Commercial
Property type
The numbers
Investment snapshot
$1,695,000
Price / unit
1
Unit
Estimated payment (illustrative)
Estimated payment
$8,763/mo
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 David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
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 1103 21st Street
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$67,500
1642 Old Dixie Highway, Vero Beach FL 32960
Sold Jun 11, 2026
$200,000
Gas Station Gas Station Us-1 Highway, Vero Beach FL 32960
Sold Oct 1, 2025
$12
3215 Aviation Boulevard, Vero Beach FL 32960
Sold Nov 11, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1103 21st Street — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1103 21st Street.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
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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