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    Vero Beach, FL Multifamily Properties for Sale

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    Two-Unit Duplex with Separate Utilities
    Updated: Oct 17
    Two-Unit Duplex with Separate Utilities

    4485 35th Avenue, Vero Beach, FL 32967

    $250,000
    1,316 sqft 0.11 AC lot
    Two residences, each with 2 bedrooms and 1 bathroom
    1,316 square feet on a 0.11‑acre lot
    2025 roof; central heating and air conditioning
    Separate utilities, concrete driveway, and yard for each unit
    Tile flooring throughout; county water and sewer
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    Barrier Island Four-Unit Quadplex
    Updated: Apr 20
    Barrier Island Four-Unit Quadplex

    919 Turtle Cove Lane, Vero Beach, FL 32963

    $1,500,000
    3,200 sqft 0.24 AC lot
    Four‑unit building with four 2‑Bedroom units
    3,200 Square Feet on a 0.24‑acre parcel
    Located 1/2 block from the beach on Vero Beach’s barrier island
    RM‑10/12 zoning
    Concrete block, concrete, and stucco construction
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    Updated Duplex with Storage Shed
    Updated Duplex with Storage Shed

    4250 29th Avenue, Vero Beach, FL 32967

    $189,000
    908 sqft 0.28 AC lot

    Two renovated units on an RM-10-zoned parcel with a detached shed and landscaped backyard setting.

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    See hot listings in Vero Beach

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Multifamily Investment Opportunity in Vero
    Multifamily Investment Opportunity in Vero

    Vero Beach, FL 32967

    $515,000
    1,462 sqft 1.50 AC lot

    Three homes on 1.5 acres, income potential, central location.

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    Concrete Block Quadplex
    Concrete Block Quadplex

    1135 17th Place, Vero Beach, FL 32960

    $674,999
    1,504 sqft 0.14 AC lot

    Fully occupied multifamily property with separate electric meters and public water and sewer.

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    Concrete-Block Duplex with Porches
    Concrete-Block Duplex with Porches

    2340 16th Avenue, Vero Beach, FL 32960

    $369,000
    1,456 sqft 0.29 AC lot

    Two updated apartments include private outdoor areas, central air, and in-unit laundry.

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    Four-Unit Quadplex with Separate Meters
    Four-Unit Quadplex with Separate Meters

    1135 17th Place, Vero Beach, FL 32960

    $674,999
    0.14 AC lot

    Fully occupied income property with public utilities, off-street parking, and a combination of newer and update-needed improvements.

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    Two-Home Duplex Property
    Two-Home Duplex Property

    940 19th St Sw, Vero Beach, FL 32962

    $279,000
    843 sqft

    Separate residences provide a two-bedroom/two-bath and one-bedroom/one-bath configuration with individual laundry rooms.

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    Two-Home Duplex Property
    Two-Home Duplex Property

    940 19TH Street, Vero Beach, FL 32960

    $279,000
    843 sqft 0.16 AC lot

    Two separate residences offer a two-bedroom home and a one-bedroom home within an MXD-zoned property.

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    Updated Duplex with Tile Flooring
    Updated Duplex with Tile Flooring

    1806 22nd Avenue, Vero Beach, FL 32960

    $375,000
    1,568 sqft 0.17 AC lot

    Two-bedroom units with one bath each, tile flooring, and current occupancy in a downtown setting.

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    Vero Beach Multifamily Investment
    Vero Beach Multifamily Investment

    919 Turtle Cove Ln, Vero Beach, FL 32963

    $1,500,000
    0.24 AC lot

    Four-unit building near beach in Vero Beach.

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    Three-Home Multifamily Property
    Three-Home Multifamily Property

    2840 41st Street, Vero Beach, FL 32967

    $515,000
    1.50 AC lot

    Three-home property with two occupied residences, public water and sewer, and RM-10 zoning.

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    Duplex with Private Garages
    Duplex with Private Garages

    9430+9436 Sea Grape Drive, Vero Beach, FL 32963

    $1,145,000
    2,248 sqft

    Each residence has its own utility connections and two-bedroom, two-bathroom layout.

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    Residential Buildings Portfolio Sale-Leaseback
    Residential Buildings Portfolio Sale-Leaseback

    1606 Highland Ave, Vero Beach, FL 32960

    Contact for pricing
    9,616 sqft

    Nine residential buildings totaling 9,616 SF with long-term lease.

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    Mixed-Use Complex with Apartments
    Mixed-Use Complex with Apartments

    1615 14th Avenue, Vero Beach, FL 32960

    $5,900,000
    2.07 AC lot

    C-1-zoned complex combines residential units with retail, office, restaurant, and medical space.

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    Updated Downtown Duplex
    Updated Downtown Duplex

    1806 22nd Avenue, Vero Beach, FL 32960

    $375,000

    Both units are leased and offer tile flooring, off-street parking, and landscaped outdoor space.

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    Four-Unit Income Property with Duplex Structure
    Four-Unit Income Property with Duplex Structure

    1135 17th Place, Vero Beach, FL 32960

    Contact for pricing
    1,595 sqft

    Four fully occupied units with separate electric meters and newer rear duplex construction, offering straightforward renovation-based upside.

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    Concrete Block Four-Unit Multifamily Portfolio
    Concrete Block Four-Unit Multifamily Portfolio

    1464 41st Ave, Vero Beach, FL 32960

    Contact for pricing
    3,878 sqft

    Two duplexes totaling four units, built of concrete block with separate utilities and recent roof and electrical panel upgrades.

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    Duplex with Two-Car Garages
    Duplex with Two-Car Garages

    498 17TH Street, Vero Beach, FL 32960

    $1,095,000

    Fully leased duplex with three-bedroom layouts, garages, and convenient access to beach amenities and US1 services.

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    27-Unit Apartment Building
    27-Unit Apartment Building

    401 18TH Street, Vero Beach, FL 32960

    $11,950,000

    Recently built multifamily property with concrete-block construction, metal roofing, and full lease occupancy.

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    Income Producing Duplex
    Income Producing Duplex

    Vero Beach, FL 32960

    $375,000

    Duplex with two rented units, each offering two bedrooms and one bath, with recently updated, tile-finished interiors.

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    Commercial Sale
    Commercial Sale

    2101 14th Avenue, Vero Beach, FL 32960

    $4,400,000

    Mixed-use properties

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Vero Beach, FL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

    Off-Market Properties in Vero Beach, FL

    Consider similar Off-Market properties in Vero Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8345 58th Ave
    BOARDING/ROOMING HOUSE

    8345 58th Ave, Vero Beach, FL 32967-5536

    Estimated value:
    $50,000
    2,784 sqft 1.98 AC lot
    View details
    586 Azalea Ln
    GARDEN APT, COURT APT (5+ UNITS)

    586 Azalea Ln, Vero Beach, FL 32963-1864

    Estimated value: by Request
    13,062 sqft 0.60 AC lot
    View details

    Vero Beach, FL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Vero Beach, FL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 30,437 square feet of properties for sale, with an estimated market value of $32,360,998.

    Sale prices for multifamily properties in Vero Beach, FL start at $189,000, averaging $1,703,210, and reaching up to $11,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 12
    Quadplexes 6
    Apartment buildings 2
    Short term rental properties 1

    Demographics Overview

    Population 127K
    Population Growth (5Y) +10.6%
    Median Household Income $76,091
    College Educated 30.9%

    High-Yield Neighborhoods for Investment

    Identify Vero Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32962 $279K
    32967 $406.3K
    32963 $1.6M
    32960 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $23.77 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Indian River County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Vero Beach fall within the 25,000 to 50,000 square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Vero Beach, FL

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    • 32963
    • 32967
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