Price Reduction - Views
Address
626 AZALEA LANE, Vero Beach, FL
Price
$ 1,089,000
Property Attributes
  • MLS#O6014072
  • TypeCommercial
  • CountyINDIAN RIVER
  • CityVero Beach
  • AreaVero Beach
  • NeighborhoodVERO BEACH ESTATES
  • Zip32963
  • StyleOffice
  • Year Built1955
  • Taxes$ 3575
  • Price$ 1,089,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2068
  • Lot Size6,534 SqFt
Data Source:
Stellar MLS
Property Description

Exceptional location "between the bridges" and just two blocks from Beachland/Ocean Drive business district's shops and restaurants. Renovate to maximize income-production or owner-occupy. Possible commercial redevelopment in area. Renovations include new downstairs AC (July 2022); balconies restored (2019); upstairs kitchen updated (2018). Downstairs is a 2/2 with screened porch and two entrances. Upstairs is a 2/1 with rear and side facing balconies and exterior new metal non-slip stairwell updated kitchen and premium laminated wood flooring. Street views reflect highest and best use possibilities as trend in neighborhood continues to experience a high level of rezoning and redevelopment.

Price History
3/31/2022 Listed $1,495,000
4/25/2022 5% - $1,425,000
5/24/2022 6% - $1,350,000
6/7/2022 5% - $1,295,000
6/21/2022 4% - $1,245,000
7/18/2022 4% - $1,199,000
9/14/2022 5% - $1,145,000
10/3/2022 5% - $1,089,000

General Features

Additional Parcels Y/N No
Building Area Units Square Feet
Building Features Bathrooms, Kitchen Facility, On Site Shower
Buyer Agent Compensation 2.5%
City VERO BEACH
Community Features Activity Core/Center, Sidewalks
Construction Materials Block, Other, Wood Frame
Cooling Central Air
County Indian River
Days on Market 186
Directions Take SR60 (Beachland Blvd) over bridge to Right on A1A to Right on Azalea Lane to property on left.
Electric Separate Meters
Heating Central, Electric
Levels Two
Lot Size Square Feet 6534
MLS Area 32963 - Vero Beach
Net Operating Income 44400
New Construction No
Occupant Type Tenant
Percent Ownership Other
Property Condition Completed
Property SubType Office
Property Type Commercial Sale
Roof Built-Up
Security Features Smoke Detector(s)
Sewer Public Sewer
Standard Status Active
Status Active
Street Name AZALEA
Subdivision Name VERO BEACH ESTATES
Tax Annual Amount 3575
Tax Lot 17
Tax Year 2021
Total Number of Buildings 1
Township 32
Utilities Private, Public
Virtual Tour https://www.tourfactory.com/idxr2968535
Water Access YN No
Waterfront Y/N No
Year Built 1955
Zoning RM-10/12

Interior Features

Ceiling Height 8 to 9 Feet
Flood Zone Code Zone X500
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix LANE
Total Stories 2

Exterior Features

Living Area 2068
Building Area Total 2308
Foundation Details Slab
Lot Features City Limits, Interior Lot, Neighbourhood, Sidewalk, Street Lights, Paved
Lot Size Acres 0.15
Parking Features Parking Spaces - 1 to 5, Common, Ground Level
Road Frontage Type City Street
Road Responsibility Public Maintained Road
Road Surface Type Asphalt
Vegetation Trees/Landscaped
Water Extras YN No
Water Source Public
Water View YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32963

Price
AVG $1.09M
$1.09M
Taxes
AVG $3,575
$3,575
Visits
AVG 33
32
Year Built
AVG 1955
1955
Walkscore
AVG 40
52
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover