Quadruplex in 1850 40Th Ave Vero Beach for sale with MLS# TB8565164

Plum Hollow Condos is a 39 unit community located in Vero Beach, Florida. The property consists of 23 one-bedroom one-bath units that are each 700 square feet and 16 two-bedroom/two-bath units that are each 1,000 square feet. This asset was built in 1975 of concrete block construction and sits on approximately 1.875 acres of land. Utilities are separately metered for electric and water and paid for by the tenants. The property features an on-site pool and the units all feature central air conditioning with large private balconies.

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1850 40Th Ave, Vero Beach, FL 32960

Price
Price:
$5,900,000.00
Original List Price:
$5,900,000.00
List Price per Sq Ft (Calculated, Approx.):
$226.44
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
MLS Number:
TB8565164
Rooms Distribution
Bedrooms:
55
Bathrooms Total:
55
Measures
Living Area:
0.60 Acre
Lot Area:
81,952 Sqft
Living Area Source:
Owner
Additional Parcels
Lot Size Acres:
1.88
Property Features
Waterfront:
No
Private Pool
Swimming Pool Features:
Above Ground
Interior:
Other
Exterior:
Other
Laundry:
Other
Air Conditioning System:
Central Air
Heating System:
Electric
Construction
Year Built:
1975
Roof:
Membrane
Number of Units Total:
39
Construction Materials:
Concrete
Foundation Details:
Slab
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$801.5
Tax Year:
2025
Condo Fees:
$150.00
Condo Fees Fequency:
Monthly
Total Annual Fees:
$1,800.00
Total Monthly Fees:
$150.00
Parking
Garage Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Connected, Sewer Connected, Water Connected
Water Source:
Public
Community
Subdivision Name:
PLUM HOLLOW CONDO
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Zoning and Legal
Tax Legal Description:
PLUM HOLLOW CONDOMINIUM BLDG B APT 102 OR BK 501 PP 7
Real Estate Folio Number (Parcel Number):
33-39-03-00035-0002-00102.0
Zoning:
X
Title to the property is held by owner as:
Condominium
Listing History
Originally published on:
November 5, 2026 9:08 pm
Active on the market since:
November 5, 2026
Listing Agreement executed on:
November 5, 2026
Listing Status Last Changed On:
November 5, 2026 9:08 pm
Photos updated on:
November 5, 2026 9:12 pm
Last Modified:
November 6, 2026 11:48 am
Additional Information
Courtesy of:
FLORIDA REALTY INVESTMENTS
Attribution:
407-207-2220
Road Surface Type:
Asphalt
Location
Street Name:
40TH
Street Number:
1850
City:
VERO BEACH
State:
Florida
Zip Code:
32960
County:
Indian River
Latitude:
N27° 38' 8.1''
Longitude:
W81° 34' 25.2''
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
Ver la Propiedad Ver la propiedad 1850 40Th Ave
Association of REALTORS®
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