$699,999 ($465.42 per sqft)

Est. Mortgage $3,448/mo *

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1135 17th Place, Vero Beach, FL, 32960

1135 17th Place, Vero Beach, FL, 32960
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1940

1,504 sqft

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.

Status:

Active

Type:

Multi-family

Laundry Remarks:

None

Units:

4

Zoning:

M

Subdivision:

J A FRERES SUB

Heating:

Electric

Cooling:

Ceiling Fan(s), Ductless, Electric

Levels:

1

Acreage:

0.14

Est. Taxes:

$5,037

Construction

Concrete Block - With Stucco

Utilities

Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Elementary School:

Vero Beach

Middle School:

Gifford

High School:

Vero Beach

Days on Market:

43

Pet Policy:

Yes, No Restrictions

Owner Pays:

Cable TV

MLS #:

B26014940

Community Info

School Info

Walk Score

Yelp

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