1945 & 1949 24th Street Vero Beach, FL $ 400,000
1945 & 1949 24th Street
$ 400,000
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1945 & 1949 24th Street

Vero Beach, FL, 32960
$ 400,000
Baths0.0 Sq 1,194

Monthly Estimate*

$ 2,526

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Studio

MultiFamily for sale in Vero Beach, FL

for $400,000. This 1,194 square foot home was built in 1948.

THIS ONE CHECKS THE BOXES! Two occupied units, $2,700/month current gross income, below market but with rental upside, a new roof, new impact windows and an irreplaceable Original Town location. Off street parking, laundry facilities and sidewalks add to the appeal for tenants. Surrounded by charming 1940s homes and just blocks from downtown Vero Beach shops, restaurants, churches and the library. Classic terrazzo floors add Old Florida character. Let your tenants help carry the cost while you play the long game in one of Vero Beach’s most distinctive neighborhoods. Location. Income. Upside.

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MultiFamily Active

Price

$ 400,000

Bedrooms

Studio

Property Type

MultiFamily

Taxes

$ 4,402

Style

Year Built

1948

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

299620

Features
General
Sewer Public Sewer
Heating Electric Multiple Heating Units
Cooling Central Air Ceiling Fan(s) Electric
Roof Shingle
Patio/Porch Features Patio
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Block Concrete
Year Built 1948
Stories Count 1
Levels One
Property Subtype Duplex
Parcel Number 33390200001024000014.0
Waterfront Features None
County Indian River
Property Type Residential Income
Subdivision Name Original Town
Status Active
Directions SE corner of 24th Street and 20th Avenue.
City Vero Beach
Disclosures Lead Based Paint Disclosure
Association Name None
MLS Area City Vero Beach
Lot Size Units Acres
Standard Status Active
Legal Description MAP OF THE TOWN OF INDIAN RIVER PBS 2-12 BLK 24 LOT 14
Tax Year 2025
Community Features Patio Sidewalks
Zoning Description Multiple Residential
Tax Annual Amount 4402
Tax Assessed Value 399684
Tax Lot 14
Utilities Natural Gas Available
Current Use Residential
Possible Use Residential
Gross Income 32400
Net Operating Income 28850
Operating Expense 14288
Insurance Expense 1840
MaintenanceExpense 0
Tenant Pays Air Conditioning Cable TV Electricity Janitorial Service
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Interior
Flooring Terrazzo
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 Common Area Outside
Interior Amenities Crown Molding Eat-in Kitchen
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Exterior
Exterior Amenities Patio
Parking Features Off Street
Water Source Public
Waterfront Y/N false
Lot Features Corner Lot < 1/4 Acre
Lot Dimensions 50x125
Total Parking 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Dale Sorensen Real Estate Inc.

Broker

772-231-4712

Contact

Affordability Calculator

$2,892
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,526
Monthly Property Taxes
$367
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/2/2026 $400,000 Listed Price

Map


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1945 & 1949 24th Street, Vero Beach, FL, 32960 is a MultiFamily for sale at $400,000 with 1,194 sqft. 1945 & 1949 24th Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 32960 which is in Vero Beach, FL