NOT LISTED FOR SALE

1035 18th Ave SW Vero Beach, FL 32962

-- Bed
-- Bath
-- Sq Ft
2019 Built

Sale Details

Date Sold: January 31, 2022

Last sale price $1,347,000

52 Days on Market

Highlights

  • Covered Patio or Porch
  • Cooling Available
  • Heating Available
  • 1 Car Attached Garage
  • Tile Flooring
  • 1-Story Property

About This Home

As of January 2022

5 home, value add single-family residential rental package for sale! The property is located in the Oslo Park subdivision of desirable South Indian River County. The package is comprised of five tenant-occupied CBS houses, all built-in 2019 with metal roofs and garages. These homes are on individually assessed, contiguous parcels. Sold as package or individually, subject to offer.

Last Agent to Sell the Property

Cooper Osteen

Reef to Ranch Real Estate, Inc License #3307813 Listed on: 11/09/2021

Last Buyer's Agent

David Decker

Dale Sorensen Real Estate Inc. License #3411305

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,623

Year Built

  • Built in 2019

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 33392600015000000002.0,33392600015000000003.0,3339

Community Details

Overview

  • Oslo Park Subdivision

Building Details

  • 5 Separate Electric Meters
  • Insurance Expense $6,000
  • Maintenance Expense $2,500
  • Operating Expense $23,967
  • Gross Income $90,000
  • Net Operating Income $61,532

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,623

Year Built

Built in 2019

Parking

1

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 5640 SqFt
  • Professional Management Expense: 3847.0
  • Subdivision Name: Oslo Park
  • Directions: The property is located on 18th Avenue Southwest just South of Oslo Rd. and East of 20th Avenue Southwest in Vero Beach, FL.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2019
  • Attribution Contact: 772-577-4077
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Tile
  • Stories: 1
  • Window Features: None

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Closet, In Garage
  • Security: Smoke Detector(s)
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33392600015000000002.0,33392600015000000003.0,3339
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 90000.0
  • Insurance Expense: 6000.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 61532.0
  • Annual Operating Expense: 23967.0
  • Number Of Separate Electric Meters: 5

Tax Info

  • Tax Annual Amount: 11623.0
  • Tax Year: 2020
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $1,347,000 -10.2% --
01/01/2022 01/01/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $1,500,000 +24900.0% --
10/22/2015 10/22/15 Sold $6,000 +445.5% -- View Prior Sale
09/22/2015 09/22/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $1,100 -- --
Source: REALTORS® Association of Indian River County

Agents Affiliated with this Home

  • Cooper Osteen

    Seller's Agent in 2022

    Cooper Osteen

    Reef to Ranch Real Estate, Inc

    (772) 577-4077

    1 in this area

    16 Total Sales

    Cooper Osteen
    Section Image
  • David Decker

    Buyer's Agent in 2022

    David Decker

    Dale Sorensen Real Estate Inc.

    (772) 971-0797

    26 in this area

    271 Total Sales

    David Decker
    Section Image

  • N

    Buyer Co-Listing Agent in 2022

    NON-MLS AGENT

    NON MLS

  • David Moore

    Seller's Agent in 2015

    David Moore

    Coldwell Banker Paradise

    (772) 232-8762

    4 Total Sales

    David Moore
    Section Image
  • Deryl Seemayer

    Buyer's Agent in 2015

    Deryl Seemayer

    RE/MAX

    2 in this area

    24 Total Sales

    Deryl Seemayer
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 247913

Florida Indian River County Vero Beach 32962

1035 18th Ave SW, Vero Beach, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.