Interior
- Bathrooms
- 0
- Living area
- 1,504 sq ft
Active · Quadruplex
$674,999
1135 17th Place, Vero Beach, FL 32960
- Beds
- —
- Baths
- 0
- Living area
- 1,504 sq ft
- $ / sq ft
- $449/sq ft
- Year built
- 1940
- Lot size
- 6,000 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
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.
Property location
Get Directions1135 17th Place, Vero Beach, FL 32960
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1940
- Lot size
- 6,000 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Indian River
- MLS listing ID
- B26014940
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$556
- Cap rate
- 4.7%
- Net yield
- 4.7%
- Cash-on-cash return
- -3.5%
- Gross yield
- 8.1%
- Mortgage payment
- $3,200/mo
- Down payment
- $168,750
- Loan amount
- $506,249
- Annual NOI
- $31,730
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.