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Three-Home Multifamily Property
For Sale
Under Contract
$515,000

2840 41st Street, Vero Beach, FL 32967

ResidentialIncome, Vero Beach, FL

Property SizeContact for details
Lot Size1.50 Acres
Days on Market233

Property Features for 2840 41st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning ,
Zoning description Multiple, Residential
Patio and Porch features Porch
Interior features HighCeilings, SplitBedrooms
Exterior features EnclosedPorch, Porch
Subdivision Jacksons
Lot features One To Three Acres
Directions From Us1 headed north make a left onto 41st street then head west to the property on right.
Standard status Active Under Contract
APN 32392700006000000007.0
Lot size 1.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description JACKSONS SUB LOT 7 PBI 2-54
Tax Annual Amount 3938
Legal Description JACKSONS SUB LOT 7 PBI 2-54

Utilities

Sewer type Public Sewer
Heating system Central
Water source Public

Building Details

Year built 1946
Floors in Building 1
Building materials Block, Frame, Concrete
Roof type Shingle
Listing Agency: Keller Williams Realty of VB
Listed By: Tareek S Beasley · License #3412996
Added: Feb 28 Changed: Oct 18 Last Checked: Oct 19 at 6:06AM
MLS# 295356

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This multifamily property includes three existing homes on 1.5 acres. The primary residence measures 1,462 square feet and offers 3 bedrooms, 2 bathrooms, a split-bedroom layout, spacious kitchen, dining and living areas, laundry room, and a covered screened porch. Its roof is new. Two additional homes are occupied by tenants: one contains 546 square feet with 2 bedrooms and 1 bathroom, while the other provides 738 square feet with 3 bedrooms and 1 bathroom. The third home is ready for remodeling.

The property is served by public water and public sewer and has RM-10 zoning. It has no HOA and is a 10-minute drive from local beaches, with the Vero Beach Airport also nearby. Construction includes block, frame, and concrete elements, with central heating and shingle roofing.

Key Highlights

  • Three existing homes on a 1.5‑acre lot
  • RM‑10 zoning with no HOA
  • Primary home offers 1,462 sqft, 3 beds, and 2 baths

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Auto Parts Store Spa & Massage Center

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 32967, FL

25,785
Population
12,358
Households
2.1
Avg Household Size
50
Median Age
35%
College-Educated
91%
High-School Grad
40.0 sq mi
ZIP Area
645
Density / Sq Mi
$73,875
Median Household Income
$38,156
Median Earnings
$1,425
Median Rent
$394,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three-home property with two occupied residences, public water and sewer, and RM-10 zoning.
Where is this multifamily property located?
The property is located at 2840 41st Street Vero Beach, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Three existing homes on a 1.5‑acre lot; RM‑10 zoning with no HOA; Primary home offers 1,462 sqft, 3 beds, and 2 baths
More about this property
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