1135 17th Place Vero Beach, FL $ 699,999
1135 17th Place
$ 699,999
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1135 17th Place

Vero Beach, FL, 32960
$ 699,999
Baths0.0

Monthly Estimate*

$ 4,310

1135 17th Place, Vero Beach, FL 32960 - Image 1
1135 17th Place, Vero Beach, FL 32960 - Image 2
1135 17th Place, Vero Beach, FL 32960 - Image 3
1135 17th Place, Vero Beach, FL 32960 - Image 4
1135 17th Place, Vero Beach, FL 32960 - Image 5
1135 17th Place, Vero Beach, FL 32960 - Image 6
Studio

MultiFamily for sale in Vero Beach, FL

for $699,999. This home was built in 2024 on a lot size of 0.14.

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.

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MultiFamily Active

Price

$ 699,999

Bedrooms

Studio

Property Type

MultiFamily

Taxes

$ 5,037

Style

Lot Size

0.14

Year Built

2024

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

296577

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Electric
Roof Metal
Patio/Porch Features Covered Porch
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Block Concrete Stucco
Year Built 2024
Stories Count 1
Levels One
Property Subtype Quadruplex
Parcel Number 33390100046002000003.0
Waterfront Features None
County Indian River
Property Type Residential Income
Subdivision Name J a Freres
Status Active
Directions From Old Dixie - E on 17th Place. House on right.
City Vero Beach
Association Name N/A
MLS Area City Vero Beach
Lot Size Units Acres
Standard Status Active
Legal Description J A FRERES SUB BLK 2 LOT 3 PBS 4-30
Tax Year 2025
Community Features None
Zoning Description Residential
Tax Annual Amount 5037
Tax Lot 3
Current Use Multi-Family
Possible Use Residential
Gross Income 71940
Net Operating Income 55525
Operating Expense 16415
Insurance Expense 4680
MaintenanceExpense 0
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Interior
Flooring Tile
Furnished Y/N Unfurnished
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features None
Fireplace Y/N false
Laundry Features None
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Exterior
Exterior Amenities Porch
Parking Features Off Street
Water Source Public
Waterfront Y/N false
Lot Features < 1/4 Acre
Road Surface Type Paved
Lot Size Area 0.14
Lot Size Acres 0.14
Lot Dimensions 50x120
Total Parking 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Exp Realty, Llc

Broker

772-913-4844

Contact

Affordability Calculator

$4,730
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$420
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
4/13/2026 $699,999 Listed Price

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1135 17th Place, Vero Beach, FL, 32960 is a MultiFamily for sale at $699,999 with a lot size of 0.14. 1135 17th Place is a studio with 0.0 baths and was built in 2024. The property's zip code is 32960 which is in Vero Beach, FL