1504 41st Avenue, Vero Beach, FL 32960
MULTI_FAMILY - Vero Beach, FL
- Added:
- Apr 23, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 1504 41st Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-8
- Bedrooms
- 5
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Pets allowed
- Yes, No
- Exterior features
- Storage
- Fencing
- Fenced
- Standard status
- Active
- APN
- 33391000002001000013
- Size
- 1,910 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VANTRICIAN SUBDIVISION BLK 1 LOT 13 PBI 8-19
- Tax Annual Amount
- 5059
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- CBS, Concrete Block - With Stucco, Stucco
- Roof type
- Metal
- Additional Structures
- Storage
Listing agent John C DiGirolomo License #3458838 (772) 713-4204
Listing office LPT Realty, LLC 1400 S International Parkw Suite 1020, Lake Mary, FL (877) 366-2213
Listing date Apr 23, 2026
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.
HighLights
- Duplex at 1504–1506 41st Avenue: live in the 1504 side and rent the 1506 side
- Vacant 3BR/2BA at 1504 is move‑in ready with a beautifully updated bath
- Renovated 2BR/1BA at 1506 generates $1,600/month on a flexible month‑to‑month lease
- 1506 unit features granite countertops, solid wood shaker cabinets, tile bath, and an enclosed Florida room
- Shared utilities not indicated; separate utilities noted for the duplex units
- Metal roof; central heating and central A/C, plus tile flooring, fenced yard, screened porch, carport with utility sink, and large shed/storage
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.2k | $17.40 |
| − Vacancy | −$1.7k | −$0.90 |
| EGI | $31.5k | $16.50 |
| − OpEx | −$9.5k | −$4.95 |
| NOI | $22.1k | $11.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.427333
- Latitude
- 27.629512
