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Concrete Block Quadplex
For Sale
$679,999

1135 17th Place, Vero Beach, FL 32960

Residential Income, Vero Beach, FL

Property Size1,504 SF
Lot Size0.14 Acres
Price / SF$452.13
Days on Market150

Property Features for 1135 17th Place

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning M
Bedrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 1, Bathroom 3
Pets allowed Yes, No
Subdivision J A FRERES SUB
Elementary school Vero Beach
Middle school Gifford
High school Vero Beach
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
Legal Description J A FRERES SUB BLK 2 LOT 3 PBS 4-30

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric, Ductless, Ceiling Fan(s)
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
Listing Agency: EXP Realty LLC
Listed By: Katie Holmes · License #3530743
Added: Apr 13 Changed: Sep 8 Last Checked: Sep 9 at 8:06AM
MLS# B26014940

Copyright © 2026 BeachesMLS. 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 4-unit multifamily property in downtown Vero Beach contains two duplex buildings. The rear duplex is newer construction, while the front building offers a potential 2BR conversion along with roof and interior update needs. The improvements total 1,504 square feet on a 0.14-acre lot and were built in 1940 with concrete-block and stucco construction, tile flooring, a metal roof, electric heating, and electric or ductless cooling.

The property is served by public water and public sewer, with separate electric meters for the units. M zoning permits industrial use, while the existing multifamily operation is legally non-conforming. The property is fully occupied, and portions of the rents are supported by housing assistance programs. Current use, condition, and zoning should be evaluated during due diligence.

Key Highlights

  • Four‑unit property with two duplex buildings
  • 1,504 square feet on 0.14 acres
  • Rear duplex is newer construction; front duplex offers 2BR conversion potential

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store 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

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 multifamily property with separate electric meters and public water and sewer.
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 $679,999.
What are key features of this property?
This property features: Four‑unit property with two duplex buildings; 1,504 square feet on 0.14 acres; Rear duplex is newer construction; front duplex offers 2BR conversion potential
More about this property
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