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Four-Unit Quadplex with Separate Meters
For Sale
$674,999

1135 17th Place, Vero Beach, FL 32960

ResidentialIncome, Vero Beach, FL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market177

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 21 Last Checked: Oct 6 at 10:06PM
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 residential income property includes a rear duplex identified as newer construction and a front duplex with potential for a two-bedroom conversion. The front building may require roof and interior updates. Construction includes block, concrete, and stucco, with tile flooring, electric heating, ceiling fans, electric cooling, porches, and off-street parking. The property occupies 0.14 acres and was built in 2024.

Public water and sewer serve the property, while separate electric meters support each unit. The asset is fully occupied and has a documented rental history. Located in downtown Vero Beach, the property carries industrial zoning, with the existing multifamily use recognized as legally non-conforming.

Key Highlights

  • Four residential units configured as two duplex buildings
  • 0.14‑acre property in downtown Vero Beach
  • Rear duplex identified as newer construction

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 income property with public utilities, off-street parking, and a combination of newer and update-needed improvements.
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 $674,999.
What are key features of this property?
This property features: Four residential units configured as two duplex buildings; 0.14‑acre property in downtown Vero Beach; Rear duplex identified as newer construction
More about this property
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