OWNER FINANCING AVAILABLE. Excellent commercial investment opportunity in the prestigious coastal city of Vero Beach. Concrete block duplex located on a valuable corner lot, just steps from the beach, zoned Multi-family (2–9 units), offering strong income potential and future development flexibility.
The property features 3,299 SF under A/C with a highly flexible layout suitable for multiple income configurations.
Unit 1: Spacious 4BD/2BA
Unit 2: Strategically configured into two separate 3BD/2BA units.
Situated in a high-end coastal market with strong rental demand. Minutes from Disney’s Vero Beach Resort, Costa d’Este Beach Resort, and Orchid Island Golf & Beach Club. Convenient access to major markets: 2 hours from Miami, 1 hour from West Palm Beach, and from Orlando. Ideal for investors seeking stable rental income, long-term appreciation, or redevelopment potential in one of Florida’s most desirable coastal markets.
1505 Coral Ave, Vero Beach, FL, 32963
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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