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925 13th Lane offers a 5, 580 SF clear span industrial warehouse located in the core of Vero Beach. The property is zoned Industrial IG, one of the most intensive industrial zoning classifications in Indian River County, allowing for a broad range of industrial, service, and contractor uses. The building features an efficient open warehouse layout with a private office, providing flexibility for storage, operations, light manufacturing, or service oriented users. The clear span design maximizes usable square footage and supports a wide range of build out configurations. The property is immediately off US Highway 1, positioned within one of Vero Beach's most active commercial corridors. It offers close proximity to the 17th Street Bridge, providing direct access to the barrier island and surrounding high end residential and waterfront communities. The location is surrounded by Class A retail, strong residential density, and a stable employment base. Access and Connectivity: Minutes from State Road 60, the property benefits from direct east west connectivity across the market and convenient access to Interstate 95 for regional travel and distribution. Its central location minimizes drive times for employees, vendors, and customers throughout Indian River County. Ideal Uses: Well suited for service based businesses, specialty trades, contractors, and light industrial users. Ideal as a headquarters or operational facility for companies serving affluent residential, retail, and coastal markets.
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$1,290,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,032,000 | $1,032,000 | $1,032,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.411% | 6.487% | 6.309% |
| Monthly Tax Payment | $229 | $229 | $229 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,271 | $6,438 | $8,778 |
| Total Monthly Payment | $6,625 | $6,792 | $9,132 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.