$2,390,000
1505 Coral Avenue
Vero Beach, FL 32963
MLS# A12000945
3099 sqft


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Property Description
///Seller Financing/// Prime opportunity with a motivated seller! Excellent investment in the prestigious city of Vero Beach. Concrete block duplex on a valuable corner lot zoned Multi-Family (2–9 units) with 3,299 A/C SF and steps from the beach. Aluminum roof for added durability and low maintenance. 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: $2,390,000
Current Price: $2,390,000
Location and Legal
County Or Parish: Indian River
County Parish Name: Indian River
City Name: Vero Beach
Postal Zip: 32963
Subdivision Number: 50001
Flood Zone: X
Country: United States
Street Number: 1505
Street Name: Coral
Street Suffix: Avenue
State Or Province: FL
Postal Code: 32963
Postal Code +4: 2341
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
Zoning: R-1A
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
Living Area Main: 3099
Parking Total: 6
Stories Total: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 3099
Year Built: 1976
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 17163
Tax Year: 2025
Tax Legal Description: OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
Office/Member Information
DXORIGMLSID: SEF
Flooring
Tile: 1
Property Condition
Resale: 1
Documents Available
Other Available Information: 1
Structure Type
Duplex: 1
Possession
Negotiable: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Conventional: 1
Owner Will Carry: 1
Roof
Aluminum: 1
Income and Expenses
Gross Income: 11300
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Storm Protection
Accordian Shutters: Complete
Tax Information
City/County: 1
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 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Family Room: 1
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
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Other: 1
Price Calculations
Current Price To SqFt: 771.21
Section Details
Parcel Number MLX: 3340
Status Change Information
Major Change Timestamp: 2026-07-08T13:22:29Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-08T13:22:29Z
Status Change Date: 2026-04-14
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

IDX
Listing Office: The Keyes Company

Last Updated: July - 27 - 2026

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