PRICED AT ONLY: $699,999
Address: 1135 17th Place, Vero Beach, FL 32960
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.
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- MLS#: B26014940 ( Residential Income )
- Street Address: 1135 17th Place
- Viewed: 53
- Price: $699,999
- Price sqft: $439
- Waterfront: No
- Year Built: 1940
- Bldg sqft: 1595
- Days On Market: 31
- Additional Information
- Geolocation: 27.6337 / -80.3967
- County: Indian River
- City: Vero Beach
- Zipcode: 32960
- Subdivision: J A Freres Sub
- Elementary School: Vero Beach
- Middle School: Gifford
- High School: Vero Beach
- Provided by: EXP Realty LLC
- DMCA Notice
Features
Building and Construction
- Exterior Features: None
- Flooring: Tile
- Roof: Metal
School Information
- High School: Vero Beach
- Middle School: Gifford
- School Elementary: Vero Beach
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Ceiling Fan(s), Ductless, Electric
- Heating: Electric
- Pets Allowed: Yes, No Restrictions
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected, Underground Utilities
Finance and Tax Information
- Tax Year: 2025
Rental Information
- Tenant Pays: Cable TV
Other Features
- Legal Description: J A FRERES SUB BLK 2 LOT 3 PBS 4-30
- Levels: One
- Parcel Number: 333901000460020000030
- Views: 53
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Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
