Duplex in 1505 Coral Ave Vero Beach for sale with MLS# A12000945

////OWNER FINANCING////. Excellent investment opportunity in the prestigious city of Vero Beach. Concrete block duplex on a valuable corner lot zoned Multi-Family (2-9 units) with 3,299 A/C SF and steps from the beach. Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a private enclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes to Disney's Vero Beach Resort, Costa d'Este Beach Resort, and Orchid Island Golf & Beach Club. Conveniently located 2 hours from Miami, 1 hour from West Palm Beach, and Orlando. Ideal for investors seeking long-term appreciation, a high rental income, or future development flexibility.

📅 View days on the market

Days on the market

1505 Coral Ave, Vero Beach, FL 32963

Price
Price:
$2,997,900.00
Original List Price:
$2,997,900.00
Lease Details
Rent Includes:
Electricity
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
MLS Number:
A12000945
Description of Last Important Update:
New Listing
Last Major Update on:
April 14, 2026 3:32 pm
Measures
Living Area:
3,099 Sqft
Built-Up Area:
3,099 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Exterior:
Storm Security Shutters
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Electric
Storm Protection:
Complete Accordion Shutters
Construction
Year Built:
1976
Year Built Details:
Resale
Roof:
Aluminum
Levels:
One
Construction Materials:
Block
Flooring:
Tile
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$17,163.00
Tax Year:
2025
Property Tax Status:
Tax Reflects City & County Tax, Tax Reflects No Homestead Exemption
Parking
Parking Total Spaces:
6
Covered Spaces:
0
Utilities
Sewer:
Septic Tank
Utilities Available:
Cable Available
Community
Subdivision Name:
THE OCEAN CORPORATION SUB
Senior Community:
No
Terms
Documents Available:
Other
Listing Terms Considered by Seller:
Conventional, Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Occupant Type:
Call Agent
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
Real Estate Folio Number (Parcel Number):
33400500012007000007.0
Zoning Description:
R-1A
Listing History
Originally published on:
April 14, 2026 3:32 pm
Active on the market since:
April 14, 2026
Price change occurred on:
April 14, 2026 2:57 pm
Listing Status Last Changed On:
April 14, 2026 3:32 pm
Photos updated on:
April 14, 2026 7:55 pm
Last Modified:
April 14, 2026 11:01 pm
Additional Information
Flood Zone:
X
Type of Association:
None
Style:
Duplex
Subdivision Number:
50001
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Street Name:
Coral Ave
Street Number:
1505
City:
Vero Beach
State:
Florida
Zip Code:
32963
County:
Indian River
Latitude:
N27° 37' 43.6''
Longitude:
W81° 38' 46.4''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $142,985
Median Home Value $894,900
Median Rent $2,000/mo
Median Age 69
Population 14,980

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Ver la Propiedad Ver la propiedad 1505 Coral Ave
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.