1150 Old Dixie
$475,000
1150 Old Dixie, Vero Beach, FL 32960
For Sale
Multifamily
Active
Last Updated: 05/01/2025
1910
Year Built
["Composition"]
Roof
Details:
Year Built: 1910
Roof: ["Composition"]
Floor: ["Vinyl Floor"]
Cooling: ["Central Building", "Central Individual"]
GrossIncome: $59,100
Description:
5 units in 2 buildings, priced at less than $100k per unit! 4 of the units are currently occupied by stable tenants on month-to-month leases. Recently vacated unit is ready to rent and is being used as "model" unit for selling purposes. Property needs exterior repairs, plumbing and electrical could be updated, roofs are 2013. In desirable location in walking distance to Publix and other stores. Property is also ZONED COMMERCIAL for someone wanting to go that route now or in the future. Owner illness has resulted in upkeep oversight and also necessitates sale. Excellent income immediately, does need investment in repairs. Do not disturb tenants.
Location
Gallery
