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8137143
8137144

1443 19th Pl, Vero Beach, FL 32960

AG
FL FL# 3055726
Ohana Group Real Estate Co
Listed by Ohana Group Real Estate Co
$1,395,000
1369 days on market
Updated 5 days ago

Rare Mixed-Use Landmark with Multiple Income Streams

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 8
Cap Rate 9.4%
NOI $131,153
Tenancy Multi
Class B
Year Built 1918
Buildings 2
Acreage 0.210
Zoning Mix Use
Investment Type Sale/Leaseback
Sale Condition N/A

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

Listing Contacts

AG
FL FL# 3055726
Ohana Group Real Estate Co
Listed by Ohana Group Real Estate Co

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$131,153.00
$10,929.42/mo

Valuation Metrics

0
DSCR
9.4%
Cap Rate
9.4%
ROI

Map

Zoning

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DTW SpecialDowntown
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Ashley Gonzalez
License
FL# 3055726
Brokerage Phone
754-423-5433
Brokerage Address
131 North 2nd Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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