1135 17th Place
$689,999
1135 17th Place, Vero Beach, FL 32960
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 07/08/2026
1,595 sqft
Building Size
4
Units
Details:
Building Size: 1,595 sqft
Units: 4
Year Built: 1940
Floors: 1
Gross Leaseable Area: 1,504
Highlights:
- Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre
- Bathrooms Total: 0
- Documents Available: Copies Of Lease(S)
- Architectural Style: One Story
- Cooling: Ceiling Fan(s), Electric
- Heating: Electric
- Flooring: Tile
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.
Location
Gallery
