1135 17th Place, Vero Beach FL 32960
Vero Beach, FL 32960
$674,500
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- Price
- $674,500
- Square feet
- 1,504
- Property type
- Quadruplex
- Year built
- 1940
- Lot size (sq ft)
- 6,000
- MLS number
- B26014940
This listing is courtesy of EXP Realty LLC, 888-883-8509.
About this property
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.
Details
- Property type
- Quadruplex
- Year built
- 1940
- Lot size (sq ft)
- 6,000
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC