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Home / Listings / B26014940

1135 17th Place

Vero Beach, FL 32960

MLS# B26014940

Property Details

Bedrooms

Bathrooms

0

Square Feet

1,504

Year Built

1940

Property Type

Quadruplex

Status

Active

Description

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.

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