$16,000,000 SALE
Office Bldg
67,000 SF
2300 5th Avenue
Vero Beach, FL 32960 2300 5th Avenue, Vero Beach, FL, 32960

The Kite Team is pleased to offer for sale 2300 5th Avenue, a premier 67,000 sq. ft. office complex located on seven acres in the heart of Vero Beach, FL. The property is being marketed as a net lease investment sale with stable income and significant upside value. The Omni Financial, Childcare Resources, and the Alzheimer & Parkinson Association occupy 92% of the building.As the only remaining large parcel in Vero Beach, Florida, the property offers the astute investor a value-add investment opportunity to acquire a premier 67,000 sq. ft. office complex.'

Property Type Office Bldg
Year Built 1969
Renovated Year 2022
Level Number 2
Average Floor Size 30,000
Max Continuous Area 67,000
Min Divisible Area 67,000
Zoning POI
Tax Year 2021
Cap Rate Percentage 5.2
Listing ID 5YCY4T
MLS ID RX-10817882
Style Other Style
Building Size 67,000 SF
Lot Size 7 AC
Taxes $79,683

Property Highlights

67,000 SF centrally located office complex with stable income Significant value-add and adaptive-reuse upside potential A rare opportunity to acquire seven acres in the heart of Vero Beach, FL Strategically located adjacent to prominent grocers and many retailers Advanced industries from aviation/aerospace to aquaculture World-renowned agricultural products and recreational opportunities Research, emerging tech, life sciences, and specialty healthcare industries Financial services, insurance, and higher education resources

Area Description

Directions: From US 1 in Vero Beach go East on 21st Street, turn right (North) on 5th to property.

Property Features
Water: Municipal Water
Cooling: Central A/C
Pre-Wiring: Cable
Exterior Description: Concrete Block
Additional Media

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