$1,988,050
Vero Beach, FL 32963
MLS# A12000945
3099 sqft
1 / 42
Property Description
Prime opportunity with a motivated seller! Excellent investment in the prestigious city of Vero Beach. Concrete block duplex on a corner lot zoned Multi-Family (2–9 units) with 3,099 A/C SF and steps from the beach. Aluminum roof. Each unit features its own private patio, offering added outdoor living space and privacy.Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a privateenclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes toDisney’s Vero Beach Resort, Costa d’Este Beach Resort, and Orchid Island Golf & Beach Club. Conveniently located 2 hours from Miami, 1 hour from West Palm Beach, and Orlando. Ideal for investors seeking long-termappreciation, a high rental income, or future development flexibility.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-04-14
Status: Active
Original List Price: 2997900
List Price: $1,988,050
Current Price: $1,988,050
Location and Legal
Country: United States
County Or Parish: Indian River
County Parish Name: Indian River
Street Number: 1505
Street Name: Coral
Street Suffix: Avenue
City Name: Vero Beach
State Or Province: FL
Postal Code: 32963
Postal Code +4: 2341
Postal Zip: 32963
Subdivision Name: THE OCEAN CORPORATION SUB
Area: 6311 - Beach City (IR)
Elementary School: Beachland
Middle Or Junior School: Gifford
High School: Vero Beach
Parcel Number: 334005000120070000070
Subdivision Number: 50001
Zoning: R-1A
Flood Zone: X
Directions: Take FL-713 N and US 1 S/U.S. Rte 1 N to Coral Ave in Vero Beach.
General Property Information
Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 3099
Living Area Main: 3099
Year Built: 1976
Parking Total: 6
Stories Total: 1
Pool Private YN: No
Financial Information
Tax Annual Amount: 17163
Tax Year: 2025
Tax Legal Description: OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
Income and Expenses
Gross Income: 11300
Storm Protection
Accordian Shutters: Complete
Unit 1 Details
Actual Rent: 6500
Baths Full: 2
Beds Total: 4
Efficiency YN: No
Furnished: Furnished
SqFt: 1793
Unit 1 Lease Description
Lease Term: Month To Month
Unit 2 Details
Actual Rent: 4800
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Furnished
SqFt: 1306
Unit 2 Lease Description
Lease Term: Month To Month
Price Calculations
Current Price To SqFt: 641.51
Section Details
Parcel Number MLX: 3340
Status Change Information
Major Change Timestamp: 2026-09-23T18:08:29Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-09-04T14:42:12Z
Status Change Date: 2026-09-23
Originating Details
Originating System Key: 454696654
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Flooring: Tile
Property Condition: Resale
Structure Type: Duplex
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Electric; Separate Meters
Listing Terms: Conventional; Owner Will Carry
Possession: Negotiable
Roof: Aluminum
Sewer: Septic Tank
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Other
Listing Office: The Keyes Company
Last Updated: October - 04 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
