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Vero Beach Multifamily Investment Opportunity

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

706-720-738 19th Street, Vero Beach, FL, 32960
$1,650,000
For Sale
$1,650,000

MULTI_FAMILY - Vero Beach, FL

Lot Size0.95 Acres
Days on Market65

Property Features for 706-720-738 19th Street

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Zoning
,
Parking
8
Parking features
Off Street
Window features
Blinds
Standard status
Active
APN
33390100034004000047.0
Lot size
0.95 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
KEYSTONE SUB BLK 4 LOTS 47 & 48, LOTS 45 & 46, E 6FT LOT 42 & LOTS 43 & 44 PBS 4-38
Tax Annual Amount
9775

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public

Building Details

Year built
1967
Floors in Building
1
Flooring type
Carpet, Terrazzo
Building materials
Block, Concrete
Roof type
Metal
Listing agency Premier Estate Properties
Listed by Lucy B Hendricks · License #0401659
Added: May 19 Updated: Jul 18 at 3:13AM Checked: Jul 22 at 2:06PM
MLS# 297443

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 fully leased multifamily property is located in Vero Beach, Florida. The property consists of three contiguous parcels totaling 0.95 acres, offering potential for future multifamily development. The existing improvements include two 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, all equipped with air conditioning. A coin laundry facility is available for tenants. The property benefits from a quiet city location east of US1 and is serviced by city water and sewer. The property is located in Flood Zone X. A new metal roof is planned for February 2026, and some impact windows are installed. The property generates over $120,000 in gross annual rental income.

Key Highlights

  • Fully leased 8‑unit multi‑family on 3 contiguous parcels totaling 0.95 acres
  • Unit mix: two 2/1 units and six 1/1 units, all with AC
  • Gross annual rental income of $120K+

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Fully leased multifamily property with development potential in Vero Beach.
Where is this apartment building located?
The property is located at 706-720-738 19th Street Vero Beach, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Fully leased 8‑unit multi‑family on 3 contiguous parcels totaling 0.95 acres; Unit mix: two 2/1 units and six 1/1 units, all with AC; Gross annual rental income of $120K+
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