$689,999
Vero Beach, FL 32960
MLS# B26014940
1595 sqft
1 / 9
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.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2026-04-13
Status: Active
Original List Price: 699999
List Price: $689,999
Current Price: $689,999
Listing Service: Full Service
Location and Legal
County Or Parish: Indian River
Municipality Type: Incorporated
Geographic Area: INRV - Indian River
Subdivision Number: 10004
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 1135
Street Name: 17th
Street Suffix: Place
State Or Province: FL
Postal Code: 32960
Postal Code +4: 3618
Subdivision Name: J A FRERES SUB
Area: 6321 - City of Vero Beach (IR)
Elementary School: Vero Beach
Middle Or Junior School: Gifford
High School: Vero Beach
Parcel Number: 333901000460020000030
Zoning: M
General Property Information
Number Of Units Total: 4
Living Area Main: 1504
Living Area Source: Appraiser
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 4
Lot Size Area: 6000
Senior Community YN: No
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 1595
Building Area Source: Appraiser
Year Built: 1940
Lot Size Acres: 0.14
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 5037.3
Tax Year: 2025
Tax Legal Description: J A FRERES SUB BLK 2 LOT 3 PBS 4-30
Office/Member Information
DXORIGMLSID: RML
Exterior Features
None: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 1
Number Of Separate Electric Meters: 4
Tenant Pays
Cable TV: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Phone Available: 1
Sewer Connected: 1
Water Connected: 1
Underground Utilities: 1
Heating
Electric: 1
Water Access
None: 1
Construction Materials
Concrete Block - With Stucco: 1
Laundry Features
None: 1
Levels
One: 1
Listing Terms
Cash: 1
Private Financing Available: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Water Source
Public: 1
Source Of Expenses
Owner Provided: 1
Cooling
Ceiling Fan(s): 1
Ductless: 1
Electric: 1
Ceiling Fan Details
Number Of Ceiling Fans: 1
Showing Requirements
Occupied: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Smoking: 1
Storm Protection
Impact Glass: Partial
Panel Shutters: Partial
Tax Information
City/County: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1450
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 427
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-31
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1450
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 427
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-05-01
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1595
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 325
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-04-30
Occupant Type: Tenant
Unit 3 Other Equipment
Smoke Detector(s): 1
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Parking Space: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1500
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 325
Unit 4 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-05-01
Occupant Type: Tenant
Unit 4 Other Equipment
Smoke Detector(s): 1
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
Parking Space: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 465.42
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-07-07T19:52:45Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-07T19:52:44Z
Status Change Date: 2026-04-13
Originating Details
Originating System Key: 20260413220934112011000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s)
Exterior Features: None
Flooring: Tile
Property Condition: Resale
Special Listing Conditions: Standard
Tenant Pays: Cable TV
Source Of Expenses: Owner Provided
Construction Materials: Concrete Block - With Stucco
Cooling: Ceiling Fan(s); Ductless; Electric
Heating: Electric
Laundry Features: None
Levels: One
Listing Terms: Cash; Private Financing Available
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Smoking
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Metal
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected; Underground Utilities
Water Access: None
Water Source: Public
Showing Requirements: Occupied
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Smoke Detector(s)
Unit 3 Parking Features: Parking Space
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Range; Refrigerator
Unit 4 Other Equipment: Smoke Detector(s)
Unit 4 Parking Features: Parking Space
Unit 4 Rooms: Kitchen
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: EXP Realty LLC
Last Updated: August - 05 - 2026
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