Quadruplex in 1135 17th Place, Vero Beach, FL 32960 for sale with MLS# B26014940
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.
1135 17th Place, Vero Beach, FL 32960
Price
- Price:
- $684,999.00
- Original List Price:
- $699,999.00
- List Price per Sq Ft (Calculated, Approx.):
- $465.42
Lease Details
- Tenant Pays:
- Cable Tv
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 6, 2026 4:21 pm
Measures
- Living Area:
- 1,504 Sqft
- Built-Up Area:
- 1,595 Sqft
- Building Area Source:
- Appraiser
- Living Area Source:
- Appraiser
- Lot Size Acres:
- 0.14
Property Features
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Electric, Ductless
- Heating
- Heating System:
- Electric
- Road Responsibility:
- Public Maintained Road
- Storm Protection Impact Glass:
- Partial
Construction
- Year Built:
- 1940
- Roof:
- Metal
- Number of Units Total:
- 4
- Levels:
- One
- Construction Materials:
- Concrete Block - With Stucco
- Flooring:
- Tile
- Number of stories:
- 1
- Number of Units in the Community or Building:
- 4
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $5,037.3
- Tax Year:
- 2025
- Property Tax Details:
- City/County
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Underground Utilities, Phone Available, Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
Community
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- J A FRERES SUB
- Senior Community:
- No
- Restrictions:
- No Smoking
Terms
- Documents Available:
- Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, Private Financing Available
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
Zoning and Legal
- Tax Legal Description:
- J A FRERES SUB BLK 2 LOT 3 PBS 4-30
- Real Estate Folio Number (Parcel Number):
- 333901000460020000030
- Zoning:
- M
Public Schools Assigned
- Elementary School:
- Vero Beach
- High School:
- Vero Beach
- Middle Or Junior School:
- Gifford
Listing History
- Active on the market since:
- April 13, 2026
- Listing Agreement executed on:
- April 13, 2026
- Price change occurred on:
- August 6, 2026 4:21 pm
- Listing Status Last Changed On:
- April 13, 2026 10:25 pm
- Photos updated on:
- May 20, 2026 12:47 pm
- Last Modified:
- August 6, 2026 5:40 pm
Additional Information
- Courtesy of:
- EXP Realty LLC
- Attribution:
- Not provided
- Road Surface Type:
- Paved
Location
- Street Name:
- 17th
- Street Number:
- 1135
- City:
- Vero Beach
- State:
- Florida
- Zip Code:
- 32960
- County:
- Indian River
- Latitude:
- N27° 38' 1.4''
- Longitude:
- W81° 36' 12''
- Street Suffix:
- Place
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$52,350
Median Home Value
$254,400
Median Rent
$1,171/mo
Median Age
42
Population
24,697
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