Duplex in 1505 Coral Avenue, Vero Beach, FL 32963 for sale with MLS# A12000945

///Seller Financing/// Prime opportunity with a motivated seller! Excellent investment 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. Aluminum roof for added durability and low maintenance. Each unit features its own private patio, offering added outdoor living space and privacy.Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a privateenclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes toDisney'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-termappreciation, a high rental income, or future development flexibility.

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1505 Coral Avenue, Vero Beach, FL 32963

Price
Price:
$2,390,000.00
Original List Price:
$2,997,900.00
List Price per Sq Ft (Calculated, Approx.):
$771.21
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 8, 2026 1:22 pm
Measures
Living Area:
3,099 Sqft
Built-Up Area:
3,099 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Electric, Separate Meters
Storm Protection Accordian Shutters:
Complete
Construction
Year Built:
1976
Roof:
Aluminum
Number of Units Total:
2
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$17,163.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Septic Tank
Utilities Available:
Cable Available
Community
Subdivision Name:
THE OCEAN CORPORATION SUB
Senior Community:
No
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Conventional, Owner Will Carry Points
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
Real Estate Folio Number (Parcel Number):
334005000120070000070
Zoning:
R-1A
Public Schools Assigned
Elementary School:
Beachland
High School:
Vero Beach
Middle Or Junior School:
Gifford
Listing History
Active on the market since:
April 14, 2026
Listing Agreement executed on:
April 14, 2026
Price change occurred on:
July 8, 2026 1:22 pm
Listing Status Last Changed On:
April 14, 2026 4:00 am
Photos updated on:
July 20, 2026 3:26 pm
Last Modified:
August 6, 2026 2:06 pm
Additional Information
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Street Name:
Coral
Street Number:
1505
City:
Vero Beach
State:
Florida
Zip Code:
32963
County:
Indian River
Latitude:
N27° 37' 43.6''
Longitude:
W81° 38' 46''
Street Suffix:
Avenue
Property Map

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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
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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.