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Three-Home Multifamily Property
For Sale
$515,000

2840 41st Street, Vero Beach, FL 32967

ResidentialIncome, Vero Beach, FL

Property SizeContact for details
Lot Size1.50 Acres
Days on Market186

Property Features for 2840 41st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning ,
Zoning description Multiple, Residential
Patio and Porch features Porch
Interior features HighCeilings, SplitBedrooms
Exterior features EnclosedPorch, Porch
Subdivision Jacksons
Lot features One To Three Acres
Directions From Us1 headed north make a left onto 41st street then head west to the property on right.
Standard status Active
APN 32392700006000000007.0
Lot size 1.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description JACKSONS SUB LOT 7 PBI 2-54
Tax Annual Amount 3938
Legal Description JACKSONS SUB LOT 7 PBI 2-54

Utilities

Sewer type Public Sewer
Heating system Central
Water source Public

Building Details

Year built 1946
Floors in Building 1
Building materials Block, Frame, Concrete
Roof type Shingle
Listing Agency: Keller Williams Realty of VB
Listed By: Tareek S Beasley · License #3412996
Added: Feb 28 Changed: Aug 27 Last Checked: Sep 2 at 4:06AM
MLS# 295356

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 multifamily property comprises three existing homes on a 1.5-acre parcel. The primary residence contains 1,462 square feet with three bedrooms and two bathrooms in a split-bedroom layout, plus a kitchen, dining area, living room, laundry room, and covered screened porch. It also has a newer shingle roof. Two additional homes measure 546 square feet and 738 square feet, respectively. The smaller residence has two bedrooms and one bathroom, while the larger includes three bedrooms and one bathroom. Both are occupied, and the primary residence is positioned for remodeling.

The property is served by public water and public sewer and has no HOA. It is approximately a 10-minute drive from local beaches and sits minutes from Vero Beach Airport. The improvements date to 1946 and include block, frame, and concrete construction, central heating, and porch areas.

Key Highlights

  • Three existing homes on 1.5 acres
  • 1,462‑SF primary home with 3 beds and 2 baths
  • Additional residences measure 546 SF and 738 SF

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Dental Office Restaurant Law Firm Parking Lot & Garage

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 32967, FL

25,785
Population
12,358
Households
2.1
Avg Household Size
50
Median Age
35%
College-Educated
91%
High-School Grad
40.0 sq mi
ZIP Area
645
Density / Sq Mi
$73,875
Median Household Income
$38,156
Median Earnings
$1,425
Median Rent
$394,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Three detached residences with public water and sewer support an income-producing residential property without HOA restrictions.
Where is this multifamily property located?
The property is located at 2840 41st Street Vero Beach, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Three existing homes on 1.5 acres; 1,462‑SF primary home with 3 beds and 2 baths; Additional residences measure 546 SF and 738 SF
More about this property
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