Residential Income

Vero Beach, FL Residential Income Properties for Sale

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Updated Residential Income Property
Updated: May 28
Updated Residential Income Property

3509 Ocean Drive, Vero Beach, FL 32963

$979,000
1,089 sqft
1,089 SF residential income property with 2BR/2BA layout
Directly across from the beach on Ocean Drive
Updated interior with 10ft ceilings, quartz countertops, and peninsula seating
Tile flooring, walk‑in closets, and split‑bedroom configuration
Built in 1998 with block and concrete construction and a metal roof
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Concrete-Block Duplex with Porches
Updated: Aug 13
Concrete-Block Duplex with Porches

2340 16th Avenue, Vero Beach, FL 32960

$399,000
1,456 sqft 0.29 AC lot
Two‑apartment duplex with 1,456 square feet of total building area
Each apartment is approximately 728 square feet with 2 bedrooms and 1 bathroom
Updated kitchens, central air conditioning, and in‑unit washer and dryer in each apartment
Screened rear porch and private patio provided for each apartment
0.29‑acre site in a non‑flood zone near downtown Vero Beach and the library
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Concrete Block Duplex Building
Concrete Block Duplex Building

1505 Coral Ave, Vero Beach, FL 32963

$1,988,050
3,099 sqft

Corner-lot multifamily property with private patio areas and a flexible residential layout.

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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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Barrier Island Four-Unit Quadplex
Barrier Island Four-Unit Quadplex

919 Turtle Cove Lane, Vero Beach, FL 32963

$1,500,000
3,200 sqft 0.24 AC lot

Concrete-block construction houses four two-bedroom residences near South Beach, restaurants, and neighborhood grocery stores.

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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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Duplex Property with Conversion Potential
Duplex Property with Conversion Potential

4576 30TH Avenue, Vero Beach, FL 32967

$244,750
650 sqft 0.23 AC lot

Tenant-occupied residential property with a flexible layout and durable concrete-block construction.

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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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Concrete Block Quadplex
Concrete Block Quadplex

1135 17th Place, Vero Beach, FL 32960

$679,999
1,504 sqft 0.14 AC lot

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

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Updated Duplex with Separate Utilities
Updated Duplex with Separate Utilities

1504 41st Avenue, Vero Beach, FL 32960

$399,000
1,910 sqft 0.29 AC lot

Two residential units offer flexible occupancy, including a vacant side and month-to-month leasing arrangement.

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36-Unit Apartment Community
36-Unit Apartment Community

1825 40th Ave, Vero Beach, FL 32960

$5,500,000
26,532 sqft 1.26 AC lot

Six concrete-block buildings offer an all two-bedroom apartment mix with shared laundry and property-wide security cameras.

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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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Concrete Block Residential Income Property
Concrete Block Residential Income Property

4576 30th Avenue, Vero Beach, FL 32967

$244,750
650 sqft 0.30 AC lot

2024 concrete block property with impact windows and doors, metal roof, tile flooring, and long driveway on a double lot.

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Concrete Block Duplex-Conversion Home
Concrete Block Duplex-Conversion Home

4576 30TH Avenue, Vero Beach, FL 32967

$245,000
650 sqft

Newer concrete block property on a double lot with impact windows and a metal roof, plus a long driveway.

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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 detached residences with public water and sewer support an income-producing residential property without HOA restrictions.

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Quadplex with Separate Electric Meters
Quadplex with Separate Electric Meters

1135 17th Place, Vero Beach, FL 32960

$679,999
0.14 AC lot

Fully occupied four-unit property with public water and sewer, off-street parking, and a two-building configuration.

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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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4-Unit Beachside Quadplex
4-Unit Beachside Quadplex

950 Sandpiper Lane, Vero Beach, FL 32963

$1,500,000

Four separate condo units near the beach support short-term or long-term rental use.

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

1135 17th Place, Vero Beach, FL 32960

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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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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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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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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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Vero Beach, FL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Vero Beach, FL, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 97,998 square feet of properties for sale, with an estimated market value of $52,775,448.

Sale prices for residential income properties in Vero Beach, FL start at $189,000, averaging $1,759,181, 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

Multifamily properties 32
Duplexes 14
Quadplexes 6
Apartment buildings 5
Short term rental properties 5

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 $306K
32966 $700K
32963 $1.4M
32960 $2.5M

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.

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