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.
Current real estate data for Multi Family in Vero Beach as of Nov 05, 2026
2
Multi Family Listed
201
Avg DOM
459
Avg $ / SqFt
$1,087,250
Avg List Price
Listing Provided Courtesy of EXP Realty LLC at 888-883-8509
Property Details
Price:
$674,500
MLS #:
B26014940
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
J A FRERES SUB
Neighborhood:
6321cityofverobeachir
Listed Date:
Apr 13, 2026
Finished Sq Ft:
1,504
Total Sq Ft:
1,595
Lot Size:
261,360,000 sqft / 0.14 acres (approx)
Year Built:
1940
Units:
4
Schools
Elementary School:
Vero Beach
Middle School:
Gifford
High School:
Vero Beach
Interior
Cooling
Ceiling Fan(s), Ductless, Electric
Flooring
Tile
Heating
Electric
Laundry Features
None
Levels
One
Exterior
Construction Materials
Concrete Block – With Stucco
Exterior Features
None
Roof
Metal
Waterfront Features
None
Financial
Tax Year
2025
Taxes
$5,037
Map
Contact Us
Mortgage Calculator
Community
- Address1135 17th Place Vero Beach FL
- SubdivisionJ A FRERES SUB
- CityVero Beach
- CountyIndian River
- Zip Code32960
Property Summary
- Located in the J A FRERES SUB subdivision, 1135 17th Place Vero Beach FL is a Multi Family for sale in Vero Beach, FL, 32960. It is listed for $674,500 To schedule a showing of MLS#b26014940 at 1135 17th Place in Vero Beach, FL, contact your Trust House Realty agent at 9543362003.
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