1135 17th Place, Vero Beach, FL 32960

This four-unit income property is configured as two duplex buildings, with the rear duplex described as newer construction and the front duplex positioned as a value-add opportunity. The front portion is noted as potentially needing roof and interior updates, while the overall setup includes separate electric meters and city water/sewer service. The property is fully occupied, and a portion of the rental income is supported by housing assistance programs.

The asset is located in downtown Vero Beach. The property is currently used as multifamily, but the industrial zoning is described as allowing flexibility, with the present multifamily use legally non-conforming. Showings are available only after an accepted contract, and a deal sheet is available for qualified buyers.

For buyers or operators evaluating small residential income opportunities, the newer rear construction provides one portion of the building with a more recent profile, while the front building’s indicated maintenance needs and the mention of potential 2BR conversion work point to renovation options within the existing duplex layout. With consistent occupancy and a strong rental history described as steady income, the property may appeal to investors seeking immediate cash flow supported by tenant rent programs alongside targeted improvements in the front structure.