1135 17th Place, Vero Beach, FL 32960

$689,999
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List Price
$689,999
Price Change
▼ $5,001 1783472469
MLS#
296577
County
Indian River
Subdivision
J A Freres
Region
City Vero Beach
Year Built
2024
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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.

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Additional Information

Heating
Electric
Cooling
Ceiling Fan(s), Electric
Roof
Metal
Sewer
Public Sewer
Water
Public
Exterior Features
Porch
Parking Spaces
4
Flooring
Tile
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Listing courtesy of EXP Realty, LLC. Contact: 772-913-4844

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