1606 Highland Avenue Vero Beach, FL $ 2,800,000
1606 Highland Avenue
$ 2,800,000
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1606 Highland Avenue

Vero Beach, FL, 32960
$ 2,800,000
Baths0.0

Monthly Estimate*

$ 17,240

1606 Highland Avenue, Vero Beach, FL 32960 - Image 1
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Studio

MultiFamily for sale in Vero Beach, FL

for $2,800,000. This home was built in 1951 on a lot size of 0.19.

SALE INCLUDES MULTIPLE PARCELS - SEE EXHIBIT A FOR PID#'S - Sale-Leaseback Opportunity from Thriving Health and Wellness Organization. The Residential OR Commercial Package may be Purchased Individually! All Buildings Purchased and Renovated within the Past 5 Years. Renovations Vary by Address but Include Fully Interior Renovations, Plumbing and Electrical Upgrades, and Recent Roof HVAC Replacements. Includes Nine Residential Buildings Totaling 9,616 Square Feet.

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MultiFamily Active

Price

$ 2,800,000

Bedrooms

Studio

Property Type

MultiFamily

Taxes

$ 3,117

Style

Lot Size

0.19

Year Built

1951

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

294288

Features
General
Sewer Public Sewer
Heating Central
Roof Metal Shingle
Pool Features None
Construction Materials Block Concrete
Year Built 1951
Stories Count 1
Levels One
Parcel Number 33390100047019000011.0
Waterfront Features None
County Indian River
Property Type Residential Income
Subdivision Name Highland Park
Status Active
Directions CENTRAL VERO - MULTIPLE LOCATIONS
City Vero Beach
Association Name N/A
MLS Area City Vero Beach
Lot Size Units Acres
Standard Status Active
Legal Description PLAT NO 3 OF HIGHLAND PARK PBI 2 - 4 BLK 19 LOT 11 LESS AND EXCEPT THAT POR CONVEYED TO THE FDOT DESC IN OR 1836/1098 AS PARCEL NO 102: COMM AT A FOUND THREE QUARTER INCH IRON ROD MARKING THE E QUARTER COR OF SAID SEC 2; TH S00-31-19W ALONG THE E LI NE OF
Tax Year 2025
Community Features None
Zoning Description Residential
Tax Annual Amount 3117
Tax Assessed Value 153651
Tax Lot 11
Carport Spaces 1
Current Use Other
Possible Use Residential
Gross Income 386580
Net Operating Income 207536
Operating Expense 174235
Insurance Expense 14729
MaintenanceExpense 60000
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Interior
Flooring Other Tile
Furnished Y/N Furnished
Total Fireplaces 0
Total Stories 1
Window Features None Sliding
Fireplace Y/N false
Laundry Features Washer Hookup Dryer Hookup
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Exterior
Exterior Amenities None
Parking Features Assigned Carport
Water Source Public
Waterfront Y/N false
Lot Features < 1/4 Acre
Lot Size Area 0.19
Lot Size Acres 0.19
Lot Dimensions 8276
Total Parking 9
Number of Separate Electric Meters 9
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* Excluded Features
List By
Lambert Commercial Real Estate

Broker

772-778-2334

Contact

Affordability Calculator

$17,500
Per Month
99%
1%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
$260
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
0 Elementary School
0 Middle School
Pricing History
Date Price Price Change Description
1/23/2026 $2,800,000 Listed Price

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1606 Highland Avenue, Vero Beach, FL, 32960 is a MultiFamily for sale at $2,800,000 with a lot size of 0.19. 1606 Highland Avenue is a studio with 0.0 baths and was built in 1951. The property's zip code is 32960 which is in Vero Beach, FL