Vero Beach, FL 32962,290 Old Dixie HWY
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Vero Beach, FL 32962,290 Old Dixie HWY

$760,000

Est. payment /mo

$795,000

4.4%
Est.Price: ?

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290 Old Dixie HWY Vero Beach, FL 32962

0.56 Acres Lot

SOLD DATE : 04/05/2023

Key Details

Sold Price $760,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Malaluka Gardens

MLS Listing ID 266410

Sold Date 04/05/23

HOA Y/N No

Year Built 1984

Lot Size 0.560 Acres

Acres 0.56

Property Description

5-unit steel building with 6.67% CAP rate. Long-term tenants on revolving 1 year leases. All units have their own water meters and roll-up doors. Excellent Old Dixie frontage. Owner will consider holding 1st mortgage with considerable down payment.

Location

State FL

County Indian River County

Area County Southeast

Zoning , CH

Interior

Heating Central

Cooling Electric

Flooring Other

Fireplace No

Exterior

Water Access Desc Public

Roof Type Metal

Present Use Retail

Building

Lot Description 1/2 to 1 Acre Lot

Story 2

Entry Level Two

Sewer Septic Tank

Water Public

Level or Stories Two

New Construction No

Others

HOA Name NA

Tax ID 33391300015000000001.0

Acceptable Financing Cash, New Loan, Owner Will Carry

Listing Terms Cash, New Loan, Owner Will Carry

Financing Cash

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REALTORS® Association of Indian River County, Inc. (RAIRC)
Listed by Rennick Real Estate
Bought with Proctor Kennedy Properties LLC

Maddy Partow

Advisor | License ID: 3474080

+1(772) 584-1256

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