Duplex Residential Income
4250 29th Avenue Vero Beach, FL 32967
4250 29th Avenue, Vero Beach, FL, 32967
$189,000
For Sale
$189,000
For sale duplex featuring 908 total square feet at 4250 29th Avenue.
Property Size908 SF
Price / SF$208.15
Days on Market10
Property Features for 4250 29th Avenue
General Information
- Standard status
- Active
- Size
- 908 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1968
Listing Agency
Dalton Wade Inc
(561) 316-6002
Listed by
Maria Sobinina · License #3085829
(561) 316-6002
Source
Riserealty
Added: Jul 10 Checked: Jul 19 at 4:25 am
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 Dalton Wade Inc
Investment Insights
Based on property information with market context.
This for-sale duplex residential income property is offered at 4250 29th Avenue and totals 908 square feet. As a duplex, it is structured as a two-family residential setup designed for rental income.
The property is located in Vero Beach, Florida, providing a straightforward housing format for buyers seeking a small multifamily investment. The asking price is $189,000.
The property is located in Vero Beach, Florida, providing a straightforward housing format for buyers seeking a small multifamily investment. The asking price is $189,000.
Key Highlights
- Duplex for sale at 4250 29th Avenue
- Built in 1968
- 908 total square feet
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 | $15.8k | $17.40 |
| − Vacancy | −$822 | −$0.90 |
| EGI | $15.0k | $16.50 |
| − OpEx | −$4.5k | −$4.95 |
| NOI | $10.5k | $11.55 |
908 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$149.8K
$131.1K – $174.7K
NOI $10,484 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$138.3K
$121.0K – $161.3K
NOI $9,678 @ 7.0% cap · market cap 5.12%
Theoretical Best
Specialty Retail
$199.1K
$174.2K – $232.3K
NOI $13,939 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - For sale duplex featuring 908 total square feet at 4250 29th Avenue.
Where is this duplex located?
The property is located at 4250 29th Avenue Vero Beach, FL.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Duplex for sale at 4250 29th Avenue; Built in 1968; 908 total square feet
