1850 40TH AVENUE Vero Beach, FL $ 5,900,000
1850 40TH AVENUE
$ 5,900,000
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1850 40TH AVENUE

Vero Beach, FL, 32960
$ 5,900,000
Bedrooms55 Baths55.0 Sq 26,056

Monthly Estimate*

$ 40,750

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Multi-Family Home for sale in Vero Beach, FL

for $5,900,000 with 55 bedrooms and 55 full baths. This 26,056 square foot home was built in 1975 on a lot size of 1.88.

Plum Hollow Condos is a 39 unit community located in Vero Beach, Florida. The property consists of 23 one-bedroom one-bath units that are each 700 square feet and 16 two-bedroom/two-bath units that are each 1,000 square feet. This asset was built in 1975 of concrete block construction and sits on approximately 1.875 acres of land. Utilities are separately metered for electric and water and paid for by the tenants. The property features an on-site pool and the units all feature central air conditioning with large private balconies.

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Multi-Family Active

Price

$ 5,900,000

Bedrooms

55

Full Bath

55

Property Type

Multi-Family

Taxes

$ 801

Style

Quadruplex

Lot Size

1.88

Year Built

1975

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

TB8565164

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Roof Membrane
Zoning X
Garage Spaces 0
Pool Features Above Ground
Construction Materials Concrete
Year Built 1975
Property Subtype Quadruplex
Tax Year 2025
Ownership Condominium
Additional Parcels Description X
County Indian River
New Construction false
Property Type Residential Income
Subdivision Name PLUM HOLLOW CONDO
Garage Y/N false
Status Active
Directions Vero Beach FL
City VERO BEACH
Senior Community Y/N false
Number Of Units Total 39
MLS Area 32960 - Vero Beach
Lot Size Units Acres
Lot Size Square Feet 81952
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 801.5
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8565164
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot X
Legal Description PLUM HOLLOW CONDOMINIUM BLDG B APT 102 OR BK 501 PP 7
Water Access Y/N false
Monthly Condo Fee Amount 150
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
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Interior
Interior Amenities Other
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Other
Total Bedrooms 55
Total Baths 55
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 1.8814
Foundation Details Slab
Number of Buildings 3
Spa false
Lot Size Acres 1.88
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N false
Covered Spaces 0
Number of Lots 39
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* Excluded Features
List By
Florida Realty Investments

Broker

tito@theaptbrokers.com

Email

Affordability Calculator

$40,817
Per Month
100%
0%
0%
Monthly Principal & Interest
$40,750
Monthly Property Taxes
$67
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2026$5,900,000 Listed Price

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1850 40TH AVENUE, Vero Beach, FL, 32960 is a Multi-Family Home for sale at $5,900,000 with 26,056 sqft and a lot size of 1.88. 1850 40TH AVENUE has 55 bedrooms, 55.0 baths, and was built in 1975. The property's zip code is 32960 which is in Vero Beach, FL