One Sotheby's International
Listed by One Sotheby's International
$11,950,000
401 18th Street
Details
APN 33390100027002000001.0
Property Type Mixed Use
Square Footage 9,000
Units 27
Cap Rate 4.72%
NOI $564,732
Year Built 2022
Stories 1
Acreage 3.100
Zoning Multiple
Parking Spaces 20 spaces
Parking per 1,000 SqFt 2.22
Mixed Use | 4.72% CAP | 9,000 SqFt
Marketing description
Rarely offered premier income asset. 27 units constructed between 2022-2025. Low maintenance concrete block with metal roofs. Location off 17th Street South Causeway to Vero's widest beach and park. Steps to US-1 and shopping. Fully leased, high-end finishes including marble floors and granite countertops. NDA required prior to releasing detailed financials.
Investment highlights
Listing Contacts
One Sotheby's International
Listed by One Sotheby's International
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$564,732.00
$47,061.00/mo
Valuation Metrics
0
DSCR
4.73%
Cap Rate
4.73%
ROI
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