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1135 17th Pl Vero Beach, FL 32960

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For Sale
$699,999

Four-unit property in downtown Vero Beach with income potential.

Type:Investment
Added:
Apr 14, 2026
Days on Market:
6
Last Refresh:
Apr 14 at 6:50 am

Property Features for 1135 17th Pl

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
2024

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Listing Contact
Katie J Holmes
Katie J Holmes

Listing agent Katie J Holmes License #3530743

Listing office EXP REALTY LLC

Listing date Apr 14, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY LLC


Overview

Vero Beach Income Property

This four-unit income property is located in downtown Vero Beach. The property generates approximately $5,995 per month, or $71,940 per year, with an approximately 8% capitalization rate. The rear duplex is of newer construction, while the front duplex offers value-add potential, including the possibility of a two-bedroom conversion. The property features city water and sewer services, as well as separate electric meters. The industrial zoning provides flexibility, although the current multifamily use is legally non-conforming. The front building may require roof and interior updates. The property is fully occupied and has a strong rental history with consistent income. A portion of the rents are supported by housing assistance programs. The property has a walk score of 42, indicating car-dependent surroundings, and a bike score of 43, indicating it is somewhat bikeable.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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
-80.3966867
Latitude
27.6337753

FAQs

What type of property is this?
Duplex - Four-unit property in downtown Vero Beach with income potential.
Where is this duplex located?
The property is located at 1135 17th Pl Vero Beach, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: ~$5,995/month (~$71,940/year) income at ~8% cap rate.; Newer construction rear duplex (2 units).; Value‑add potential in front duplex (2 units) including 2BR conversion.
More about this property
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