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950 Sandpiper Lane Vero Beach, FL $ 1,500,000
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$ 1,500,000 Get more info
950 Sandpiper Lane
$ 1,500,000
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950 Sandpiper Lane

Vero Beach, FL, 32963
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,236

950 Sandpiper Lane, Vero Beach, FL 32963 - Image 1
950 Sandpiper Lane, Vero Beach, FL 32963 - Image 2
950 Sandpiper Lane, Vero Beach, FL 32963 - Image 3
950 Sandpiper Lane, Vero Beach, FL 32963 - Image 4
950 Sandpiper Lane, Vero Beach, FL 32963 - Image 5
Studio

MultiFamily for sale in Vero Beach, FL

for $1,500,000. This home was built in 1982.

Great opportunity to own a 4-unit beachside condo property just across from the beach! Ideal for investors or owner-occupants, this property offers four separate units with strong income potential in a great coastal location. Perfect for short-term or long-term rentals, with excellent proximity to beaches, dining, and shopping.

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MultiFamily Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

MultiFamily

Taxes

$ 1,355

Style

Year Built

1982

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

296996
Features
General
Sewer Septic Tank
Heating None
Cooling 1 Unit
Roof Other Rolled/Hot Mop
Pool Features None
Construction Materials Block Concrete Stucco
Year Built 1982
Stories Count 1
Levels One
Property Subtype Quadruplex
Parcel Number 33400500024000100001.0
Waterfront Features None
County Indian River
Property Type Residential Income
Subdivision Name Sun & Sand Associati
Status Active
Directions From Causeway- turn right onto Ocean Drive right onto Sandpiper Lane.
City Vero Beach
Association Name NONE
MLS Area Beach City
Lot Size Units Acres
Standard Status Active
Legal Description SUN & SAND ASSOCIATION INC BLDG A UNIT 1 OR BK 645 PP 1100
Tax Year 2024
Community Features None
Zoning Description Residential
Tax Annual Amount 1355
Tax Assessed Value 77903
Tax Lot 3
Current Use Multi-Family
Possible Use Residential
Gross Income 67834
Net Operating Income 36298
Operating Expense 26590
Insurance Expense 560
MaintenanceExpense 8440
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Interior
Flooring Tile
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N true
Heating Y/N false
Window Features Single Hung
Fireplace Y/N false
Laundry Features None
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Exterior
Exterior Amenities None
Parking Features Off Street
Water Source Public
Waterfront Y/N false
Lot Features < 1/4 Acre
Lot Dimensions 80x131
Total Parking 6
Number of Separate Electric Meters 4
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* Excluded Features
List By
Rennick Real Estate

Broker

772-562-5015

Contact

Affordability Calculator

$9,349
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$113
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
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Pricing History
Date Price Price Change Description
5/1/2026 $1,500,000 Listed Price

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950 Sandpiper Lane, Vero Beach, FL, 32963 is a MultiFamily for sale at $1,500,000. 950 Sandpiper Lane is a studio with 0.0 baths and was built in 1982. The property's zip code is 32963 which is in Vero Beach, FL

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