27-Unit Apartment
For Sale
$11,950,000
401 18TH Street, Vero Beach, FL 32960
Recently built multifamily property with concrete-block construction, metal roofing, and full lease occupancy.
Property SizeContact for details
Days on Market129
Property Features for 401 18TH Street
General Information
Standard status
Active
Property subtype
Multi-family
Lease Term
[]
Building Details
Year Built
2022
Listing Agency:
One Sotheby's Int'l Realty (772-492-1002)
(772) 532-0449
Listed By:
Michael Thorpe · License #3230082
(772) 532-0449
Source:
Onesothebysrealty
Added: Apr 27
Changed: Sep 2
Last Checked: Aug 31 at 8:21PM
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 One Sotheby's Int'l Realty (772-492-1002)
Investment Insights
Based on property information with market context.
This 27-unit apartment property at 401 18th Street features concrete-block construction, metal roofs, and finishes that include marble flooring and granite countertops. The property is fully leased, offering an established occupancy profile within a recently built asset.
The property sits off the 17th Street South Causeway in Vero Beach, with the causeway leading toward the beach and park. US-1 and shopping are located nearby, providing convenient access to area retail and transportation routes. The asset’s combination of unit count, durable construction, and finished interiors creates a clearly defined multifamily offering.
The property sits off the 17th Street South Causeway in Vero Beach, with the causeway leading toward the beach and park. US-1 and shopping are located nearby, providing convenient access to area retail and transportation routes. The asset’s combination of unit count, durable construction, and finished interiors creates a clearly defined multifamily offering.
Key Highlights
- 27‑unit apartment property
- Concrete‑block construction with metal roofs
- Marble floors and granite countertops
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
Explore this area
Business Placement
Demographics for 32960, FL
21,522
Population
11,590
Households
1.9
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
1,939
Density / Sq Mi
$52,350
Median Household Income
$30,236
Median Earnings
$1,171
Median Rent
$254,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Recently built multifamily property with concrete-block construction, metal roofing, and full lease occupancy.
Where is this apartment building located?
The property is located at 401 18TH Street Vero Beach, FL.
What is the asking price?
The asking price for this property is $11,950,000.
What are key features of this property?
This property features: 27‑unit apartment property; Concrete‑block construction with metal roofs; Marble floors and granite countertops
