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The Ocean Corporation Sub

$3,425,000

1505 Coral Ave, Orchid, FL 32963

Active
Last Updated: 01/28/2026

3,099 sqft

Building Size

2

Units

Details:
Building Size:    3,099 sqft
Units:    2
Year Built:    1976
Floors:    1
Parking Spots:    6
Gross Leaseable Area:    3,099
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Detached
  • Cooling: Central Air
  • Heating: Central, Electric
  • Flooring: Tile
  • Construction Materials: CBS Construction
Description:

OWNER FINANCING AVAILABLE. Excellent commercial investment opportunity in the prestigious coastal city of Vero Beach. Concrete block duplex located on a valuable corner lot, just steps from the beach, zoned Multi-family (2–9 units), offering strong income potential and future development flexibility.
The property features 3,299 SF under A/C with a highly flexible layout suitable for multiple income configurations.
Unit 1: Spacious 4BD/2BA
Unit 2: Strategically configured into two separate 3BD/2BA units.
Situated in a high-end coastal market with strong rental demand. Minutes from Disney’s Vero Beach Resort, Costa d’Este Beach Resort, and Orchid Island Golf & Beach Club. Convenient access to major markets: 2 hours from Miami, 1 hour from West Palm Beach, and from Orlando. Ideal for investors seeking stable rental income, long-term appreciation, or redevelopment potential in one of Florida’s most desirable coastal markets.

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