Active

1135 17th Place

Vero Beach, FL 32960

$695,000 $2,930/Mo

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Overview

Bed

Bath

0.14

Acre(Lot)

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.

Property Details

Property Type : ResidentialIncome

Price : $695,000

AD Id : 77027352

MLS Id : 296577

Beds : 4

Lot Size : 0.14 Acre

Year Built : 2024

County : Indian River

Subdivision: Isle Of Normandy Miami Vi

Map

Features

Interior Features

Roof: Metal

Laundry Features: None

Window Features: None
Heating & Cooling

Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: CeilingFans, Electric

Building Information

Year Built: 2024

Construction Materials: Block, Concrete, Stucco

Stories: 1

Patio And Porch Features: Covered, Porch

Pool Features: None

Private Pool: No

Water front Features: None
Exterior Features

Exterior Features: Porch

Lot Information

Lot Dimensions: 50x120 Main Square Feet: 0.14 Lot Size Acres: 0.14 Lot Description: LessThanQuarterAcre

Property Information

Subdivision: J a Freres Source Property Type: ResidentialIncome Zoning Description: Residential Property SubType: Quadruplex Levels: One Property Age: 2

Listing Price Information

Listing Price: $695000

Original Price: $699999

Cash, NewLoan

Tax Information

Parcel Number: 33390100046002000003.0 Tax Lot: 3 Tax Year: 2025 Annual Tax: $5037 Tax Legal Desc: J A FRERES SUB BLK 2 LOT 3 PBS 4-30

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 4 OffStreet

Location Information

Direction: From Old Dixie - E on 17th Place. House on right. WaterSource: Public Security Features: SmokeDetectors

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1413 41st Avenue, Vero Beach, FL, 32960	$374,500	4	--	--
1837-1843 22nd Avenue, Vero Beach, FL, 32960	$550,000	4	--	2,156	2,156 SqFt
1734 14th Avenue, Vero Beach, FL, 32960	$450,000	4	--	--
1504 41st Avenue, Vero Beach, FL, 32960	$415,000	5	--	1,910	1,910 SqFt
498 17th Street, Vero Beach, FL, 32960	$1,095,000	6	--	--
1135 17th Place, Vero Beach, FL, 32960	$694,999	4	4	1,504	1,504 SqFt
1806 22nd Avenue, Vero Beach, FL, 32960	$385,000	--	2	1,568	1,568 SqFt
1926 23rd Avenue, Vero Beach, FL, 32960	$299,000	3	--	1,582	1,582 SqFt
1504 41st Avenue, Vero Beach, FL, 32960	$415,000	5	3	1,910	1,910 SqFt
1413 41st Avenue, Vero Beach, FL, 32960	$374,500	4	3	2,016	2,016 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 06/06/2026 @ 21:57

MLS: 296577 LISTED BY: Katie J Holmes, EXP Realty, LLC 888-883-8509 SOURCE: RAIRC