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Concrete Block Residential Income Property

4576 30th Avenue Vero Beach, FL 32967

4576 30th Avenue, Vero Beach, FL, 32967
$245,000
For Sale
$245,000

MULTI_FAMILY - Vero Beach, FL

Property Size650 SF
Lot Size0.30 Acres
Price / SF$376.92
Days on Market50

Property Features for 4576 30th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
,
Parking
4
Patio and Porch features
Porch
Interior features
SplitBedrooms
Exterior features
Porch
Standard status
Active
APN
32392200009000400011.0
Size
650 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
GARDEN OF EDEN SUB BLK D LOTS 11 & 12 PBI 4-36
Tax Annual Amount
2364

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public

Building Details

Year built
2024
Floors in Building
1
Flooring type
Tile
Building materials
Block, Concrete
Roof type
Metal
Listing Agency EXP Realty, LLC
10752 Deerwood Park Blvd #100, Jacksonville, FL
Listed by Katie J Holmes · License #3530743
Added: May 31 Checked: Jul 19 at 8:06 pm
MLS# 297744 Listing URL

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.


Investment Insights

Based on property information with market context.

Constructed in 2024, this concrete block residential income property is offered on a double lot with a large backyard. Exterior improvements include smooth stucco, gutters, and a metal roof. Inside, the home features tile flooring and a flexible floor plan designed in a way that may allow future duplex conversion.

The property is located at 4576 30th Avenue in Vero Beach, Florida, in Indian River County. It is currently tenant-occupied, so showings require proof of funds or pre-approval.

The overall configuration provides a functional, newer construction setup alongside potential adaptability within the floor plan, depending on how the space is ultimately arranged.

Key Highlights

  • 2024 concrete block home on a double lot with a huge backyard
  • Impact windows and impact doors
  • Metal roof with smooth stucco exterior and gutters

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 $11.3k $17.40
− Vacancy −$588 −$0.90
EGI $10.7k $16.50
− OpEx −$3.2k −$4.95
NOI $7.5k $11.55
650 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$107.2K
$93.8K – $125.1K (±1% cap)
NOI $7,505 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$99.0K
$86.6K – $115.5K (±1% cap)
NOI $6,928 @ 7.0% cap · market cap 2.83%
Theoretical Best
Specialty Retail
$142.5K
$124.7K – $166.3K (±1% cap)
NOI $9,978 @ 7.0% cap · market cap 4.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Auto Repair Shop HVAC Service Spa & Massage Center Electrical Service Storage Facility Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - 2024 concrete block property with impact windows and doors, metal roof, tile flooring, and long driveway on a double lot.
Where is this duplex located?
The property is located at 4576 30th Avenue Vero Beach, FL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 2024 concrete block home on a double lot with a huge backyard; Impact windows and impact doors; Metal roof with smooth stucco exterior and gutters
Contact an agent
More about this property
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