

Rare Mixed-Use Landmark with Multiple Income Streams
Live, Work, and Invest in Downtown Vero Beach – Income-Producing Units, Ground Floor Retail
Marketing description
Historic Mixed-Use Landmark | Downtown Vero Beach, Florida
Boutique Hospitality • Residential Income • Retail & Commercial Opportunity
Own a piece of Vero Beach history with this beautifully restored 1918 landmark property, ideally situated in the heart of Downtown Vero Beach's thriving Cultural Arts Village. Combining timeless Old Florida charm with extensive modern upgrades and flexible mixed-use zoning, this unique property offers an exceptional opportunity for investors, hospitality operators, restaurateurs, entrepreneurs, or those seeking a live-work lifestyle.
Located within walking distance of Vero Beach's premier restaurants, boutiques, galleries, breweries, and entertainment venues, this one-of-a-kind property provides multiple income streams and endless possibilities.
Property Highlights
- Historic 1918 landmark property
- Thoughtfully renovated and updated in 2022
- Mixed-use zoning allowing residential, hospitality, retail, restaurant, and commercial uses
- Eight guest accommodations with six-and-a-half bathrooms
- Three private en-suite guest rooms
- Additional guest accommodations ideal for short-term, weekly, or monthly rentals
- Fully equipped communal kitchen for guests
- Previously configured as a 10-bedroom estate and redesigned to optimize hospitality operations
- Dedicated parking for 10 vehicles
- Additional street parking and public parking directly across the street
- Updated electrical, plumbing, HVAC systems, and hardwood flooring throughout
Income-Producing Components
Boutique Hospitality / Bed & Breakfast Opportunity
The property is ideally suited for boutique hospitality operations, offering multiple guest accommodations, private suites, communal gathering areas, and an authentic historic atmosphere that appeals to travelers seeking a unique Vero Beach experience.
Owner's Residence or Rental Apartment
A charming 2-bedroom, 1-bath apartment provides flexibility as:
- Owner's residence
- On-site manager's quarters
- Long-term rental unit
- Premium guest suite
Retail, Gallery, Café or Event Space
Approximately 400 square feet of commercial space with a private half bath connects directly to the expansive wraparound porch, creating an inviting setting for:
- Boutique retail store
- Wine bar
- Café
- Art gallery
- Tasting room
- Event venue
Detached Studio Building
The detached 900-square-foot studio has been extensively improved and includes:
- Upgraded electrical and plumbing
- New insulation and drywall
- Full bathroom
- Washer and dryer connections
Potential uses include:
- Artist studio
- Guest cottage
- Executive office
- Wellness or fitness space
- Additional income-producing rental unit
Extensive 2022 Capital Improvements
Significant renovations and upgrades completed in 2022 include:
- New roof
- Upgraded insulation
- New impact-resistant windows on the second floor
- Comprehensive termite treatment with transferable warranty
- New hardwood flooring throughout
- Addition of two new en-suite bathrooms upstairs
- Updated electrical systems and fixtures
- Modern interior finishes
- Updated HVAC systems on both floors
- Extensive interior and exterior improvements
Prime Downtown Vero Beach Location
Located in the heart of Downtown Vero Beach's Cultural Arts Village, the property enjoys exceptional walkability to:
- Fine dining restaurants
- Boutique shopping
- Art galleries
- Breweries and entertainment venues
- Community events and cultural attractions
The property is also:
- Minutes from Vero Beach's Atlantic Ocean beaches
- Conveniently located near I-95
- Easily accessible to Florida's Turnpike
Future Growth Potential
The surrounding neighborhood has recently undergone mixed-use rezoning, creating exciting opportunities for future growth, redevelopment, and appreciation while preserving the area's historic charm and walkable downtown character.
Whether operated as a boutique inn, hospitality destination, mixed-use investment property, live-work residence, event venue, or commercial redevelopment opportunity, this landmark property offers a rare combination of history, location, flexibility, and income potential in one of the Treasure Coast's most desirable markets.
Investment Summary
Rarely does a property combine historic significance, multiple income streams, mixed-use flexibility, and a premier downtown location. Whether you're seeking a boutique hospitality venture, an income-producing investment, a live-work environment, or a long-term redevelopment opportunity, this exceptional Vero Beach landmark offers unlimited potential.
A truly irreplaceable asset in one of Florida's most charming and sought-after coastal communities.
Investment highlights
Prime location just minutes from Downtown Vero Beach and the area's beautiful beaches
Excellent accessibility with close proximity to I-95 and the Florida Turnpike
Thoughtfully updated with over $150,000 +/- in capital improvements completed in 2022, including a new roof, upgraded insulation, impact-resistant upstairs windows, termite treatment with warranty, renovated bathrooms, refinished hardwood floors, and quality interior upgrades throughout
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