Main Content

1103 21st Street, Vero Beach, FL 32960 (MLS# R11042949)

1103 21st Street, Vero Beach, FL 32960

$1,695,000
Property Type: Commercial Sale Square Footage: 5,145 Status: Active
Current Price: $1,695,000 List Date: 12/06/2024 Last Modified: 5/20/2026

Overview

Description

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

Listing Details MLS# R11042949

General Property Information

Property Sub Type
Business
Number Of Units Total
Yes
Building Area Main
5145
Building Area Source
Public Records
Year Built
1930
Lot Size Area
29185.2
Lot Size Acres
0.67
Stories
Yes

Property Features

Business Type: Arts and Entertainment; Commercial; Restaurant Documents Available: Copy Of Lease(s); Existing Survey Electric: Three Phase Flooring: Other Heating: Other Sale Includes: Building; Land Tenant Pays: Electricity; Insurance; Taxes; Water Cooling: Other Listing Terms: Cash; Conventional Roof: Other Security Features: Fire Alarm Sewer: Public Sewer Utilities: Natural Gas Available Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office

Contract Information

Comp Sale YN
No
Original List Price
1695000

Location and Legal

Country
United States
County Or Parish
Indian River
County Parish Name
Indian River
Street Number
1103
Street Name
21st
Street Suffix
Street
City Name
Vero Beach
State Or Province
FL
Postal Code
32960
Area
6321 - City of Vero Beach (IR)
Geographic Area
INRV - Indian River
Parcel Number
333901000220020000010
Zoning
C-1B
Directions
Downtown Vero Beach, 5 block from the intracoastal.
Property Description
Retail Restaurant

Financial Information

Tax Annual Amount
11771
Tax Year
2024
Tax Legal Description
EAST SIDE SUBDIVISION PBS 4-12 LOT 1 & E 1/2 OF LOT 2 & ALL OF LOTS 4 & 5 & N 15 FT OF LOT 6 BLK 2

Status Change Information

Major Change Timestamp
2024-12-06T21:07:37Z
Major Change Type
New Listing
Status Change Date
2024-12-06

More Information

Building and Property Details

# Of Toilets
2
% Air Conditioned
100
Maximum Ceiling Height
10

Price Calculations

Current Price To SqFt
329.44

Originating Details

Originating System Key
20241202172041363835000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Other
Yes

Documents Available

Copy Of Lease(s)
Yes
Existing Survey
Yes

Tenant Pays

Electricity
Yes
Insurance
Yes
Taxes
Yes
Water
Yes

Sewer

Public Sewer
Yes

Utilities

Natural Gas Available
Yes

Business Type

Arts and Entertainment
Yes
Commercial
Yes
Restaurant
Yes

Heating

Other
Yes

Sale Includes

Building
Yes
Land
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Security Features

Fire Alarm
Yes

Water Source

Public
Yes

Cooling

Other
Yes

Showing Requirements

Call Listing Agent
Yes
Call Listing Office
Yes
Listing Office: Compass Florida LLC
IDX
Last Updated: May - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Skip to content