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1505 Coral Ave Vero Beach, FL $ 3,425,000
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$ 3,425,000 Get more info
1505 Coral Ave
$ 3,425,000
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1505 Coral Ave

Vero Beach, FL, 32963
$ 3,425,000
Bedrooms4 Baths2.0 Sq 3,099

Monthly Estimate*

$ 21,088

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Multi-Family Home for sale in Vero Beach, FL

for $3,425,000 with 4 bedrooms and 2 full baths. This 3,099 square foot home was built in 1976.

OWNER FINANCING AVAILABLE. Excellent commercial investment opportunity in the prestigious coastal city of Vero Beach. Concrete block duplex located on a valuable corner lot, just steps from the beach, zoned Multi-family (2–9 units), offering strong income potential and future development flexibility. The property features 3,299 SF under A/C with a highly flexible layout suitable for multiple income configurations. Unit 1: Spacious 4BD/2BA Unit 2: Strategically configured into two separate 3BD/2BA units. Situated in a high-end coastal market with strong rental demand. Minutes from Disney’s Vero Beach Resort, Costa d’Este Beach Resort, and Orchid Island Golf & Beach Club. Convenient access to major markets: 2 hours from Miami, 1 hour from West Palm Beach, and from Orlando. Ideal for investors seeking stable rental income, long-term appreciation, or redevelopment potential in one of Florida’s most desirable coastal markets.

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Multi-Family Active

Price

$ 3,425,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 17,163

Style

Year Built

1976

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

A11945590
Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air
Utilities Cable Available
Possession Closing & Funding
Roof Aluminum
Pool Features None
Construction Materials Block
Year Built 1976
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Indian River
Property Type Residential Income
Subdivision Name THE OCEAN CORPORATION SUB
Rent Includes Electricity
Full Baths 2
Special Listing Conditions Listed As-Is
Status Active
Directions Take FL-713 N and US 1 S/U.S. Rte 1 N to Coral Ave in Vero Beach.
City Vero Beach
Zoning Description R-1A
Number Of Units Total 1
MLS Area 6311 Indian River – Beach City
Lot Size Units Square Feet
Listing Terms Conventional Owner May Carry Other
Year Built Details Resale
Tax Annual Amount 17163
Virtual Tour https://www.youtube.com/watch?v=jBaT6M42E5U
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Duplex
Legal Description OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 4
Total Baths 0
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Exterior
Exterior Amenities Storm/Security Shutters
Lot Features < 1/4 Acre
Total Parking 6
Building Area Total 3099
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
The Keyes Company

Broker

305-282-8255

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Affordability Calculator

$22,519
Per Month
94%
6%
0%
Monthly Principal & Interest
$21,088
Monthly Property Taxes
$1,430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/14/2026 $3,425,000 Listed Price

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1505 Coral Ave, Vero Beach, FL, 32963 is a Multi-Family Home for sale at $3,425,000 with 3,099 sqft. 1505 Coral Ave has 4 bedrooms, 2.0 baths, and was built in 1976. The property's zip code is 32963 which is in Vero Beach, FL

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