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401 18th Street

Vero Beach, FL 32960
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$11,950,000 $50,381/Mo
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Bed 64

Bed

Bath 0

Bath

Acres3.10

Acres(Lot)

Rarely offered premier income asset. 27 units constructed between 2022-2025. Low maintenance concrete block with metal roofs. Location off 17th Street South Causeway to Vero's widest beach and park. Steps to US-1 and shopping. Fully leased, high-end finishes including marble floors and granite countertops. NDA required prior to releasing detailed financials.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $11,950,000

AD Id : 78232863

MLS Id : 297147

Beds : 64

Lot Size : 3.10 Acres

Year Built : 2022

Garage : 1

County : Indian River

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Metal
    Laundry Features: None
    Window Features: Blinds

  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, HeatPump Has Cooling: Yes Cooling: CentralAir, Electric, ReverseCycle

  • Building Information

    Year Built: 2022
    Construction Materials: Block, Concrete, Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: None

  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 13503 Main Square Feet: 3.1 Lot Size Acres: 3.1 Lot Description: ThreeToFiveAcres

    Property Information

    Subdivision: Other Source Property Type: ResidentialIncome Zoning Description: Multiple Levels: One Property Age: 4

  • Listing Price Information

    Listing Price: $11950000
    Cash, NewLoan

  • Tax Information

    Parcel Number: 33390100027002000001.0 Tax Lot: 1 Tax Year: 2025 Annual Tax: $51108 Tax Legal Desc: DR RICHARD E BULLINGTONS SUB PBS 2-5 FOLL PARTS OF LOT 1 BLK 2, E 2.5 AC OF THE W 5 AC, LESS W 15.00 FT OF THE E 55.00 FT OF THE N 150.00 FT THE W 1 AC OF THE E 5 AC, & ALL THAT PART OF E 1/2 LYING W OF E 5 AC, LESS RD R/W

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 20 Garage, GarageDoorOpener

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: From Indian River Blvd west to 18th St to Sub, South, Central Vero Beach, East of US1. WaterSource: Public Security Features: FireSprinklerSystem
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1233 Normandie Way, Vero Beach, FL, 32960 $310,000 3 3 1,788 1,788 SqFt
1515 20th Avenue, Vero Beach, FL, 32960 $299,000 4 2 1,557 1,557 SqFt
2821 21st Lane, Vero Beach, FL, 32960 $540,000 3 3 1,499 1,499 SqFt
1170 6th Avenue #9D, Vero Beach, FL, 32960 $242,000 2 3 1,170 1,170 SqFt
400 18th Street #G5, Vero Beach, FL, 32960 $154,900 2 2 1,130 1,130 SqFt
2156 34th Avenue, Vero Beach, FL, 32960 $284,000 3 2 1,253 1,253 SqFt
1625 30th Avenue, Vero Beach, FL, 32960 $319,000 4 2 1,520 1,520 SqFt
212 14th Place, Vero Beach, FL, 32960 $499,000 2 2 1,250 1,250 SqFt
475 19th Place, Vero Beach, FL, 32960 $357,000 2 2 1,152 1,152 SqFt
1069 Normandie Way, Vero Beach, FL, 32960 $294,900 3 3 1,508 1,508 SqFt

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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the REALTORS Association of Indian River County, Inc.®. 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. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 REALTORS Association of Indian River County, Inc.®. All rights reserved.

ByOwner last updated this listing 07/24/2026 @ 01:38

MLS: 297147 LISTED BY: Mike Thorpe, One Sotheby's Int'l Realty 772-492-1002 SOURCE: RAIRC

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