Property Description
4-unit income property in downtown Vero Beach generating ~$5,995/month (~$71,940/year) at ~8% cap. Rear duplex is newer construction (2 units) and front duplex (2 units) offers value-add potential including 2BR conversion. City water/sewer, separate electric meters. Industrial zoning allows flexibility; current multifamily use is legally non-conforming. Front building may need roof and interior updates. Fully occupied. Showings after accepted contract. Deal sheet available. Strong rental history with consistent income. Portion of rents supported by housing assistance programs.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Electric
Heating: Electric
Lot Size: 0.14 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $5,037
Year Built: 2024
Amenities
Porch
Feature Descriptions
Community Features: None
Crops Included Y/N: No
Days on Site: 4
Directions: From Old Dixie - E on 17th Place. House on right.
Exterior: Block, Concrete, Stucco
Flooring: Tile
Home Warranty Y/N: No
Laundry: None
Lease Considered Y/N: No
Listing Terms: Cash, New Loan
Lot: < 1/4 Acre
Lot Dimensions: 50x120
Parcel#: 33390100046002000003.0
Parking: Off Street
Parking Notes: Off Street
Patio/Porch: Covered, Porch
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Water Features: None
Window: None
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 888-883-8509
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone:
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Estimated Payment
$ 4,163.50 per month $3,539.58 Principal & Interest $419.75 Property Tax $204.17 Homeowner's InsuranceChange Payment Information
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1135 17th Place | MLS# 296577
This multi-family property located at 1135 17th Place, Vero Beach, FL 32960 is currently listed for sale with an asking price of $699,999. Search Vero Beach real estate on www.watsonrealtycorp.com today.