Back to Search

Vero Beach Income Property

1135 17th Place, Vero Beach, FL 32960

View on Map

For Sale

$694,999

MULTI_FAMILY - Vero Beach, FL

Property size:

1,504 SF

Lot size:

0.14 Acres

Price / SF:

$462/SF

HighLights

4‑unit income property in downtown Vero Beach generating about $5,995/month (~$71,940/year) at about 8% cap rate
Fully occupied with strong, consistent rental history; showings after accepted contract
Rear duplex includes newer construction (2 units) while the front duplex has value‑add potential with a 2BR conversion option
City water and sewer with separate electric meters
Construction includes concrete block with stucco; roof is metal; flooring is tile
Heating/cooling includes electric heating, ductless systems, and ceiling fans; industrial zoning with current multifamily use legally non‑conforming

We can help!

Listing Contact

Katie Holmes

For Sale

$694,999

MULTI_FAMILY - Vero Beach, FL

Property size:

1,504 SF

Lot size:

0.14 Acres

Price / SF:

$462/SF

Added:: Apr 13, 2026
Days on Market:: 59
Last Refresh:: Jun 10 at 3:06 am

Property Features for 1135 17th Place

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: M
Bedrooms: 4
Rooms: Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2
Pets allowed: No, Yes
Standard status: Active
APN: 333901000460020000030
Size: 1,504 SF
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

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Electric (Heating)
Cooling system: Ductless, Ceiling Fan(s), Electric
Water source: Public

Building Details

Year built: 1940
Floors in Building: 1
Number of units: 4
Flooring type: Tile
Building materials: Concrete Block - With Stucco
Roof type: Metal

We can help!

Listing Contact

Katie Holmes

Listing agent Katie Holmes License #3530743

Listing office EXP Realty LLC 10752 Deerwood Park Blvd #100, Tampa, FL

Listing date Apr 13, 2026

MLS# B26014940 Listing URL

HighLights

4‑unit income property in downtown Vero Beach generating about $5,995/month (~$71,940/year) at about 8% cap rate
Fully occupied with strong, consistent rental history; showings after accepted contract
Rear duplex includes newer construction (2 units) while the front duplex has value‑add potential with a 2BR conversion option
City water and sewer with separate electric meters
Construction includes concrete block with stucco; roof is metal; flooring is tile
Heating/cooling includes electric heating, ductless systems, and ceiling fans; industrial zoning with current multifamily use legally non‑conforming

Overview

This four-unit income property is located in downtown Vero Beach. The property generates approximately $5,995 per month, or $71,940 annually, with an approximate 8% capitalization rate. The rear duplex consists of newer construction, while the front duplex offers potential for value-add opportunities, including a two-bedroom conversion. The property features city water and sewer services, along with separate electric meters. The industrial zoning provides flexibility, although the current multifamily use is legally non-conforming. The front building may require roof and interior updates. The property is fully occupied and has a strong rental history with consistent income. A portion of the rents are supported by housing assistance programs. The property size is 1,504 square feet on a lot of 0.14 acres.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Vero Beach
County: Indian River
State: Florida
Longitude: -80.396654
Latitude: 27.633727

Nearby Similar for Sale

$2,200,000

4,000 SF

Showroom and Storage Warehouse

Features a large showroom, two bathrooms, extensive storage, and a large bay door suited to service and distribution needs.

415 US Highway 1, Vero Beach, FL 32962

View Details
$1,200,000

2,000 SF

Vero Beach Commercial Opportunity

Prime commercial property with high visibility and expansion potential.

725 12th Street, Vero Beach, FL 32960

View Details
$1,500,000

7,500 SF

Vero Beach Flex Opportunity

7,500 SF flex building on one acre for sale.

820 35th Court SW, Vero Beach, FL 32968

View Details
$1,500,000

3,200 SF

Vero Beach Multi-Family Investment

Rare 4-unit property near Vero Beach's barrier island.

919 Turtle Cove Lane, Vero Beach, FL 32963

View Details
$385,000

728 SF

Vero Beach Multi-Use Property

Charming office building in the heart of Vero Beach.

1324 16th Street, Vero Beach, FL

View Details
$979,000

Updated Live-Work Office Home

Turnkey 2BR/2BA live-work or professional office space with natural light and 10-foot ceilings.

3509 Ocean Drive, Vero Beach, FL 32963

View Details
$725,000

Vero Beach Investment Opportunity

Prime location commercial building with lease income and expansion potential.

148 Vista Royale Square, Vero Beach, FL 32962

View Details
$3,000,000

High-Visibility Bakery Kitchen Building

Concrete block commercial building with roll-up access, impact glass, and a commercial bakery/kitchen plus office.

3700 9th st SW, Vero Beach, FL 32968

View Details
$1,650,000

Vero Beach Multifamily Investment Opportunity

Fully leased multifamily property with development potential in Vero Beach.

706-720-738 19th Street, Vero Beach, FL 32960

View Details
$415,000

1,910 SF

Updated Duplex in Vero Beach

Updated Vero Beach duplex, perfect for house hacking and investment.

1504 41st Avenue, Vero Beach, FL 32960

View Details
$2,199,000

8,802 SF

Iconic Office Building in Vero

Freestanding office building in downtown Vero Beach redevelopment district.

1708 21st St, Vero Beach, FL 32960

View Details
$110,000

Profitable Dual-Revenue Business Opportunity

Established pet grooming and aquatics retail business for sale.

1135 US Highway 1, Vero Beach, FL 32960

View Details

For sale
Quadplexes
FL
Vero Beach
32960
1135 17th Place

What type of property is this?

Quadplex - Four-unit multifamily property in downtown Vero Beach with income potential.

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 $694,999.

What are key features of this property?

This property features: 4‑unit income property in downtown Vero Beach generating about $5,995/month (~$71,940/year) at about 8% cap rate; Fully occupied with strong, consistent rental history; showings after accepted contract; Rear duplex includes newer construction (2 units) while the front duplex has value‑add potential with a 2BR conversion option

1135 17th Place, Vero Beach, FL 32960

MULTI_FAMILY - Vero Beach, FL

Property Features for 1135 17th Place

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Showroom and Storage Warehouse

Vero Beach Commercial Opportunity

Vero Beach Flex Opportunity

Vero Beach Multi-Family Investment

Vero Beach Multi-Use Property

Updated Live-Work Office Home

Vero Beach Investment Opportunity

High-Visibility Bakery Kitchen Building

Vero Beach Multifamily Investment Opportunity

Updated Duplex in Vero Beach

Iconic Office Building in Vero

Profitable Dual-Revenue Business Opportunity

FAQs

Create New Password