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Quadplex with Separate Electric Meters
For Sale
$679,999

1135 17th Place, Vero Beach, FL 32960

ResidentialIncome, Vero Beach, FL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market150

Property Features for 1135 17th Place

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning ,
Zoning description Residential
Parking 4
Parking features Off Street
Patio and Porch features Porch
Exterior features Porch
Subdivision J a Freres
Lot features Less Than Quarter Acre
Elementary school district Indian River County Schools
Middle school district Indian River County Schools
High school district Indian River County Schools
Directions From Old Dixie - E on 17th Place. House on right.
Standard status Active
APN 33390100046002000003.0
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description J A FRERES SUB BLK 2 LOT 3 PBS 4-30
Tax Annual Amount 5037
Legal Description J A FRERES SUB BLK 2 LOT 3 PBS 4-30

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric, Ceiling Fan(s)
Water source Public

Building Details

Year built 2024
Floors in Building 1
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Metal
Listing Agency: EXP Realty, LLC
Listed By: Katie J Holmes · License #3530743
Added: Apr 13 Changed: Sep 5 Last Checked: Sep 9 at 10:06AM
MLS# 296577

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit income property consists of a front duplex and a newer rear duplex. The rear building contains two units, while the front building includes two units and offers potential for a two-bedroom conversion. The front structure may require roof and interior improvements. Construction includes block, concrete, and stucco, with tile flooring, electric heating and cooling, ceiling fans, porches, and off-street parking.

The property occupies 0.14 acres in downtown Vero Beach and is served by public water and public sewer. Separate electric meters serve the units. The property is fully occupied, and the current multifamily use is legally non-conforming under industrial zoning. The building was constructed in 2024, and a metal roof is in place.

Key Highlights

  • Four‑unit property on 0.14 acres
  • Rear duplex contains 2 units and is newer construction
  • Front duplex includes 2 units with potential 2BR conversion

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Hotel & Motel Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,540
Businesses Nearby

Demographics for 32960, FL

21,522
Population
11,590
Households
1.9
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
1,939
Density / Sq Mi
$52,350
Median Household Income
$30,236
Median Earnings
$1,171
Median Rent
$254,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied four-unit property with public water and sewer, off-street parking, and a two-building configuration.
Where is this quadplex located?
The property is located at 1135 17th Place Vero Beach, FL.
What is the asking price?
The asking price for this property is $679,999.
What are key features of this property?
This property features: Four‑unit property on 0.14 acres; Rear duplex contains 2 units and is newer construction; Front duplex includes 2 units with potential 2BR conversion
More about this property
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