$679,999
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
Listing Date: 2026-04-13
Status: Active
Original List Price: 699999
List Price: $679,999
Current Price: $679,999
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Location and Legal
Country: United States
County Or Parish: Indian River
Street Number: 1135
Street Name: 17th
Street Suffix: Place
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 32960
Postal Code +4: 3618
Subdivision Name: J A FRERES SUB
Area: 6321 - City of Vero Beach (IR)
Geographic Area: INRV - Indian River
Elementary School: Vero Beach
Middle Or Junior School: Gifford
High School: Vero Beach
Special Assessment YN: No
Parcel Number: 333901000460020000030
Subdivision Number: 10004
Zoning: M
Flood Zone: X
General Property Information
Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 1595
Building Area Source: Appraiser
Living Area Main: 1504
Living Area Source: Appraiser
Accessibility Features YN: No
Year Built: 1940
Parking Total: 4
Gated Community YN: No
Lot Size Area: 6000
Lot Size Acres: 0.14
Senior Community YN: No
Stories Total: 1
Pool Private YN: No
Financial Information
Master Association YN: No
Tax Annual Amount: 5037.3
Tax Year: 2025
Tax Legal Description: J A FRERES SUB BLK 2 LOT 3 PBS 4-30
Meter Information
Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 4
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 1
Ceiling Fan Details
Number Of Ceiling Fans: 1
Pet Details
Pet Fee YN: No
Storm Protection
Impact Glass: Partial
Panel Shutters: Partial
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 Parking Details
Carport YN: No
Garage YN: No
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 Parking Details
Carport YN: No
Garage YN: No
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 Parking Details
Carport YN: No
Garage YN: No
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 Parking Details
Carport YN: No
Garage YN: No
Price Calculations
Current Price To SqFt: 465.42
Status Change Information
Major Change Timestamp: 2026-09-05T12:57:50Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-05T12:57:50Z
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: September - 15 - 2026
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