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    546/556 Azalea Ln Vero Beach, FL 32963

    For Sale
    $925,000

    Duplex near Riverside Park, ideal investment property in Central Beach.

    Lot size:
    0.30 Acres

    Property Features for 546/556 Azalea Ln

    General Information

    Lot size
    0.30 Acres

    Building Details

    Year built
    1967

    Source: Luke D Webb Real Estate Inc Agent Luke Webb

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

    Overview

    Central Beach Duplex Investment Opportunity

    This concrete block duplex presents an excellent investment opportunity in the heart of Central Beach. Located just a half block from Riverside, the property offers convenient access to walking trails, a boat ramp, tennis courts, and a playground. The park also features Memorial Island, the Museum of Art, and Riverside Theatre. The property is situated minutes from beaches, shopping, dining, and schools. Both units are currently rented and feature 2 bedrooms and 1 bathroom. Each unit has an open floor plan with an eat-in kitchen and terrazzo floors. The property includes private driveways, screened porches, individual laundry rooms, and a spacious lot with southern exposure. A new roof was installed in 2023. Sizes are approximate and subject to error.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Realty agency Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    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
    -80.3635819
    Latitude
    27.6521421

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    FAQs

    What type of property is this?
    Duplex - Duplex near Riverside Park, ideal investment property in Central Beach.
    Where is this duplex located?
    The property is located at 546/556 Azalea Ln Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity in the heart of Central Beach.; - New roof installed in 2023.; - Concrete block duplex with two 2BR/1BA units, currently rented.
    (786) 546-9603
    Request Owner's contact information
    546/556 Azalea 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
    546/556 Azalea Ln Vero Beach, FL 32963
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