Historic Mixed-Use Landmark in the Heart of Downtown Vero Beach Boutique Hospitality, Residential Income & Commercial Opportunity Own a piece of Vero Beach history with this beautifully restored 1918 landmark property, ideally located in the heart of Downtown Vero Beach's thriving Cultural Arts Village. Combining timeless Old Florida charm with… Read More modern upgrades and flexible mixed-use zoning, this unique property presents an exceptional opportunity for investors, hospitality operators, restaurateurs, entrepreneurs, or those seeking a live-work lifestyle. Positioned within walking distance of Vero Beach's finest restaurants, boutiques, galleries, breweries, and entertainment venues, this one-of-a-kind property offers multiple income streams and endless possibilities. Renovated in 2022 Property Highlights • Historic 1918 landmark thoughtfully renovated and updated in 2022 • Mixed-use zoning allowing residential, hospitality, retail, restaurant, and commercial uses • Eight beautifully appointed guest accommodations with six-and-a-half baths • Three private en-suite guest rooms and additional guest accommodations ideal for short-term, weekly, or monthly rentals • Large fully equipped communal kitchen available for guests and events • Formerly configured as a 10-bedroom estate and redesigned to enhance hospitality operations • Dedicated parking for 10 vehicles, plus ample street parking and public parking directly across the street Additional Revenue Opportunities Owner's Residence or Rental Apartment A charming 2-bedroom, 1-bath apartment offers the perfect owner's quarters, manager's residence, long-term rental, or premium guest suite. Retail, Gallery or Event Space Approximately 400 square feet of commercial space with a half bath connects directly to the property's expansive 1,500-square-foot wraparound porch, creating a welcoming setting for a boutique retail store, wine bar, café, art gallery, tasting room, or event venue. Detached Studio Building The detached 900-square-foot studio has been extensively improved with upgraded electrical, plumbing, insulation, drywall, a full bath, and washer/dryer connections. Ideal for an artist studio, guest cottage, executive office, wellness space, or additional rental income. Extensive 2022 Capital Improvements • New roof and upgraded insulation • New impact-resistant windows upstairs • Comprehensive termite treatment with transferable warranty • Beautifully refinished original hardwood floors • Renovated bathrooms throughout • Updated electrical fixtures and modern finishes • Significant interior and exterior improvements Prime Downtown Vero Beach Location Located just minutes from Vero Beach's beautiful Atlantic Ocean beaches and offering convenient access to I-95 and Florida's Turnpike, the property benefits from one of the Treasure Coast's most desirable locations. The surrounding neighborhood has recently undergone mixed-use rezoning, creating exciting opportunities for future growth, redevelopment, and appreciation while preserving the area's historic character and walkable downtown atmosphere. Read Less
Courtesy of Ohana Real Estate Co. 772-268-4220
Listing Snapshot
Days Online
1
Last Updated
Property Type
Mixed Use
Square Ft.
1,536
Lot Size
0.21 Acres
Year Built
1918
MLS Number
B26040794
30 Days Snapshot Of 32960
$153k
-17%
(avg) sold price
6
+100%
homes sold
100
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Other equipment: "Satellite Dish"
Building
Built in 1918, Construction materials: "Frame", Toal building area: 1536, 1 total unit
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