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Seven-Unit Condo Apartment Building
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975 Marigold Lane, Vero Beach, FL 32963

Condominium apartment building with seven two-bedroom, two-bath units across two joined structures.

Property SizeContact for details
Days on Market121

Property Features for 975 Marigold Lane

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 7
Listing Agency: Bird Realty Group, Inc
Listed By: Terry T Torres · License #BK502937 FL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 6:10PM

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 Bird Realty Group, Inc

Investment Insights

Based on property information with market context.

This property is a seven-unit condominium building featuring all units configured as two bedrooms and two bathrooms. The structure consists of two separate buildings connected by a covered walkway and stairwell. The building includes eight utility meters and a new roof coating installed in 2017.

As presented, the site offers redevelopment possibilities into multiple unit combinations, subject to applicable approvals. The two-building layout with covered connection is designed for functional access between sections of the property.

With a uniform condo unit mix and straightforward condominium configuration, the asset provides a clear base for buyers evaluating renovation, repositioning, or unit reconfiguration plans.

Key Highlights

  • 7‑unit condominium apartment building with all units being 2 bed / 2 bath
  • Property includes two separate buildings joined by a covered walkway and stairwell
  • Redevelopment possibilities into multiple unit combinations

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Parking Lot & Garage Electrical Service Kitchen & Bath Showroom 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

7
Residential units

Location Intelligence

Trade Area within ½ mile

164
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Condominium apartment building with seven two-bedroom, two-bath units across two joined structures.
Where is this apartment building located?
The property is located at 975 Marigold Lane Vero Beach, FL.
What are key features of this property?
This property features: 7‑unit condominium apartment building with all units being 2 bed / 2 bath; Property includes two separate buildings joined by a covered walkway and stairwell; Redevelopment possibilities into multiple unit combinations
More about this property
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