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    915-917 Turtle Cove Ln Vero Beach, FL 32963

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    For Sale
    $950,000

    Income-generating property with three separate living spaces near Vero Beach.

    Building Details

    Year built
    1988

    Source: The Keyes Company Agent Vinod Itty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Multifamily Property Near Beaches

    This multifamily property, located moments from the beaches of Vero Beach, Florida, features three separate living spaces. The property is east of US-1 and near beaches, shopping, and dining in a desirable coastal neighborhood. The first unit includes a 2-bedroom, 2-bath layout and is currently rented for $1,600 per month, providing long-term income. The second unit is divided into a 2-bedroom, 1-bath unit and a separate studio efficiency, complete with its own bathroom and kitchenette. The studio efficiency is suitable for seasonal income or Airbnb opportunities. This property is suitable for investors, multi-generational living, or house hacking.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Realty agency Restaurant Clothing Store Building Supply Kitchen & Bath Department Store Bar & Pub Hotel & Motel Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.3532452
    Latitude
    27.6279176

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    FAQs

    What type of property is this?
    Multifamily property - Income-generating property with three separate living spaces near Vero Beach.
    Where is this multifamily property located?
    The property is located at 915-917 Turtle Cove Ln Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Income-generating multi-family property with 3 separate living spaces.; - Located east of US-1, close to Vero Beach's beaches, shopping, and dining.; - First unit: 2-bedroom, 2-bath, currently rented for $1,600/month.
    (754) 231-7694
    Request Owner's contact information
    915-917 Turtle Cove Ln Vero Beach, FL 32963
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    915-917 Turtle Cove Ln Vero Beach, FL 32963
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