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Beachside 4-Unit Condo Property
For Sale
$1,500,000

950 Sandpiper Lane, Vero Beach, FL 32963

MULTI_FAMILY - Vero Beach, FL

Property SizeContact for details
Days on Market110

Property Features for 950 Sandpiper Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning ,
Zoning description Residential
Parking 6
Parking features Off Street
Subdivision Sun & Sand Associati
Lot features Less Than Quarter Acre
Directions From Causeway- turn right onto Ocean Drive, right onto Sandpiper Lane.
Standard status Active
APN 33400500024000100001.0

Taxes and HOA fees

Tax Year 2024
Tax Description SUN & SAND ASSOCIATION INC BLDG A UNIT 1 OR BK 645 PP 1100
Tax Annual Amount 1355
Legal Description SUN & SAND ASSOCIATION INC BLDG A UNIT 1 OR BK 645 PP 1100

Utilities

Sewer type Septic Tank
Water source Public

Building Details

Year built 1982
Floors in Building 1
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Rolled Hot Mop
Listing Agency: Rennick Real Estate
Listed By: Ron Rennick · License #0343454
Added: May 1 Changed: Jul 17 Last Checked: Aug 18 at 9:06PM
MLS# 296996

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.

This for-sale multi-family property is a beachside condo setup consisting of four separate units within a single 4-unit building. It is positioned for rental use, including either short-term or long-term occupancy, with each unit operating independently.

The property is located at 950 Sandpiper Lane in Vero Beach, Florida, within Indian River County. Public remarks indicate it is across from the beach, with nearby access to dining and shopping.

As a four-unit asset, the property offers an owner the flexibility of living in one unit while renting the others, or purchasing strictly for rental income based on the unit configuration.

Key Highlights

  • Beachside location directly across from the beach
  • Four separate units offering strong income potential
  • Ideal for investors or owner-

Property Analytics

Current Use

Sun Sand Association ... Construction Company

Suggested Use

Top Pick Parking Lot & Garage Law Firm Building Supply Electrical Service Bakery Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

171
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - For sale 4-unit beachside condo property across from the beach in Vero Beach, Florida.
Where is this quadplex located?
The property is located at 950 Sandpiper Lane Vero Beach, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Beachside location directly across from the beach; Four separate units offering strong income potential; Ideal for investors or owner-
More about this property
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