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Three-Unit Beach-Area Triplex

5008 Tradewinds Drive, Vero Beach, FL 32963

For Sale
New
$1,249,000

ResidentialIncome, Vero Beach, FL

Property Size2,280 SF
Lot Size0.23 Acres
Price / SF$547.81
Days on Market5

Property Features for 5008 Tradewinds Drive

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning ,
Zoning description Residential
Parking 6
Parking features Off Street
Window features Blinds
Patio and Porch features Patio
Exterior features Fence, IrrigationSprinklers, Patio, RainGutters
Fencing Fenced
Subdivision Silver Shores
Lot features Corner Lot, Less Than Quarter Acre
Directions From A1A, Turn West on Bahia Mar, Right on Tradewinds Drive, Triplex on the Right
Standard status Active
APN 32402900001004000018.0
Size 2,280 SF
Lot size 0.23 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2026
Tax Description SILVER SHORES UNIT NO 1 BLK 4 LOT 18 PBI 4-45
Tax Annual Amount 12245
Legal Description SILVER SHORES UNIT NO 1 BLK 4 LOT 18 PBI 4-45

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Amenities

in-unit laundry

Building Details

Year built 1983
Floors in Building 1
Flooring type Terrazzo
Building materials Block, Concrete
Roof type Metal
Buildings 1
Listing Agency: Compass Florida LLC
Listed By: Jarrett T Bass · License FL #3584150
Added: Nov 6 Changed: Nov 9 Last Checked: Nov 10 at 3:06AM
MLS# 301054

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.

Rey
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Investment Insights

Based on property information with market context.

This tenant-occupied triplex contains three single-story residences, each arranged with two bedrooms and one-and-a-half bathrooms. Together, the units provide 2,280 square feet on a fenced 0.23-acre corner parcel. Separate electric meters, individual air conditioning, and in-unit laundry serve each residence. Block construction, a metal roof, impact glass, and terrazzo flooring are among the property’s physical features. The site also has an irrigation well and six off-street parking spaces.

The property is one block from the beach and the Vero Beach Market, with the river within walking distance. There is no homeowners association. Public water and septic service are reported for the property.

Key Highlights

  • Three 2‑bedroom, 1.5‑bath residences in a single‑story triplex
  • 2,280 SF of building area on a fenced 0.23‑acre corner lot
  • Separate electric meter, air conditioning, and in‑unit laundry in each residence

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby

Demographics for 32963, FL

16,291
Population
12,344
Households
1.3
Avg Household Size
68
Median Age
68%
College-Educated
99%
High-School Grad
17.4 sq mi
ZIP Area
936
Density / Sq Mi
$142,985
Median Household Income
$80,536
Median Earnings
$2,000
Median Rent
$894,900
Median Home Value
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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?
Triplex - Each residence has its own electric meter, air conditioning, and in-unit laundry.
Where is this triplex located?
The property is located at 5008 Tradewinds Drive Vero Beach, FL.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Three 2‑bedroom, 1.5‑bath residences in a single‑story triplex; 2,280 SF of building area on a fenced 0.23‑acre corner lot; Separate electric meter, air conditioning, and in‑unit laundry in each residence
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