Active MLS listing · MLS #B26014940

1135 17th Place

Vero Beach, FL, 32960

1 / 10

$684,999

-Beds

0Baths

1504SqFt

Property type: Quadruplex
Subdivision: J A FRERES SUB
Year built: 1940

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.

Listing Courtesy of: EXP Realty LLC
a.shahin.broker@exprealty.net

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by BeachesMLS.