Concrete Block Residential Income
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
(888) 883-8509
10752 Deerwood Park Blvd #100, Jacksonville, FL
Listed by
Katie J Holmes · License #3530743
(772) 913-4844
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.
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
NOI $7,505 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$99.0K
$86.6K – $115.5K
NOI $6,928 @ 7.0% cap · market cap 2.83%
Theoretical Best
Specialty Retail
$142.5K
$124.7K – $166.3K
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
Similar For Sale Nearby
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