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401 18th Street Vero Beach, FL $ 11,950,000
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401 18th Street
$ 11,950,000
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401 18th Street

Vero Beach, FL, 32960
$ 11,950,000
Baths0.0

Monthly Estimate*

$ 73,578

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Studio

MultiFamily for sale in Vero Beach, FL

for $11,950,000. This home was built in 2022 on a lot size of 3.1.

Rarely offered premier income asset. 27 units constructed between 2022-2025. Low maintenance concrete block with metal roofs. Location off 17th Street South Causeway to Vero's widest beach and park. Steps to US-1 and shopping. Fully leased, high-end finishes including marble floors and granite countertops. NDA required prior to releasing detailed financials.

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MultiFamily Active

Price

$ 11,950,000

Bedrooms

Studio

Property Type

MultiFamily

Taxes

$ 51,108

Style

Lot Size

3.1

Year Built

2022

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

297147
Features
General
Sewer Public Sewer
Heating Central Electric Heat Pump
Cooling Central Air Electric Reverse Cycle
Roof Metal
Garage Spaces 1
Pool Features None
Security Features Fire Sprinkler System
Construction Materials Block Concrete Stucco
Year Built 2022
Stories Count 1
Levels One
Parcel Number 33390100027002000001.0
Waterfront Features None
County Indian River
Property Type Residential Income
Subdivision Name Other
Garage Y/N true
Status Active
Directions From Indian River Blvd west to 18th St to Sub South Central Vero Beach East of US1.
City Vero Beach
Association Name NA
MLS Area City Vero Beach
Lot Size Units Acres
Standard Status Active
Legal Description DR RICHARD E BULLINGTONS SUB PBS 2-5 FOLL PARTS OF LOT 1 BLK 2 E 2.5 AC OF THE W 5 AC LESS W 15.00 FT OF THE E 55.00 FT OF THE N 150.00 FT THE W 1 AC OF THE E 5 AC & ALL THAT PART OF E 1/2 LYING W OF E 5 AC LESS RD R/W
Tax Year 2025
Community Features None
Zoning Description Multiple
Tax Annual Amount 51108
Tax Assessed Value 2896094
Tax Lot 1
Current Use Other
Possible Use Mixed Use
Gross Income 686400
Net Operating Income 564732
Operating Expense 121668
Insurance Expense 33000
MaintenanceExpense 10000
Tenant Pays Cable TV Electricity Sewer Water
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Interior
Flooring Marble
Furnished Y/N Unfurnished
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features None
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Exterior
Exterior Amenities None
Parking Features Garage Garage Door Opener
Water Source Public
Waterfront Y/N false
Lot Features 3-5 Acres
Road Surface Type Paved
Lot Size Area 3.1
Lot Size Acres 3.1
Lot Dimensions 13503
Total Parking 20
Number of Separate Electric Meters 27
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* Excluded Features
List By
One Sotheby's Int'l Realty

Broker

772-492-1002

Contact

Affordability Calculator

$77,837
Per Month
95%
5%
0%
Monthly Principal & Interest
$73,578
Monthly Property Taxes
$4,259
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
DatePricePrice ChangeDescription
5/8/2026$11,950,000 Listed Price

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401 18th Street, Vero Beach, FL, 32960 is a MultiFamily for sale at $11,950,000 with a lot size of 3.1. 401 18th Street is a studio with 0.0 baths and was built in 2022. The property's zip code is 32960 which is in Vero Beach, FL

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