About 1135 17th Place
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.
Features of 1135 17th Place
| MLS® # | B26014940 |
|---|---|
| Price | $679,999 |
| Square Footage | 1,504 |
| Acres | 0.14 |
| Year Built | 1940 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Price Change |
Community Information
| Address | 1135 17th Place |
|---|---|
| Area | 6321 - City of Vero Beach (IR) |
| Subdivision | J A FRERES SUB |
| City | Vero Beach |
| County | Indian River |
| State | FL |
| Zip Code | 32960 |
Amenities
| Utilities | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Ceiling Fan(s), Ductless, Electric |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Metal |
| Construction | Concrete Block - With Stucco |
School Information
| Elementary | Vero Beach |
|---|---|
| Middle | Gifford |
| High | Vero Beach |
Additional Information
| Zoning | M |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty LLC |
|---|