1555 Ocean Dr
Vero Beach, FL 32963
SOUTH BEACH INVESTMENT PROPERTY · Retail Property For Sale
Property Facts
About 1555 OCEAN DR , VERO BEACH, FL 32963
PROPERTY SUMMARY -Rare opportunity to purchase one of Vero Beach’s trophy properties! -Two restaurants and a 7-unit apartment building. -Walking distance to area restaurants and shopping with only minutes to the beach. -Private beach access located across the street -Currently leased by Dario and Di Mare restaurants. -Zoning will allow a total of 30 hotel units along with the 2 existing restaurants. PROPERTY - .97 Acres with 269.46 ft. frontage on Ocean Drive and 196.80 ft. of depth BUILDINGS - 1555 Ocean Dr. - 3,516 sf 1 story building 1517 Ocean Dr. - 8,393.5 sf 2 story building ZONING - C-1A - Tourist Commercial Services RM-10/12 - Medium & High Density Family YEAR BUILT - 1961 - 1517 Ocean Drive 1979 - 1555 Ocean Drive R.E. TAXES - $20,876.08 - 2015 Total 3 parcels OCCUPANCY - 100% CAP RATE - 5% NOI - $160,956 SALE PRICE - $3,200,000
Property Taxes
| Parcel Number | 33-40-05-00012-0040-00005.0 | Improvements Assessment | $351,037 |
| Land Assessment | $317,594 | Total Assessment | $668,631 |
Property Taxes
