$550,000
$75K PRICE DROP

1406 36th Ave Unit 1406 & 1408 Vero Beach, FL 32960

Estimated payment $3,587/month

Total Views 4,416
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • High Ceiling
  • Covered patio or porch
  • Sliding Doors
  • Vero Beach High School Rated A-
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Are you looking to invest or for a place to call home, this duplex at 1406 &1408 36th Ave is a fantastic opportunity. Each unit boasts a generous layout with 2 bedrooms 2 1⁄2 bathroom. Stainless appliances, fixtures, lighting. A well maintained manicured fenced & split yard for privacy, 2 covered/screened patios plus utility room. With the growing demand for rental properties in Vero Beach, this duplex is an ideal choice for investors. Situated in a friendly neighborhood, you’re just minutes away from beautiful beaches, shopping, dining, & local parks

Listing Agent

Nancy Acevedo

LPT Realty, LLC Brokerage Phone: 772-999-4658 License #3442525 Listed on: 02/18/2025

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,591

Year Built

  • Built in 1988

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • Split Bedroom Floorplan
  • 2-Story Property
  • High Ceiling
  • Sliding Doors
  • Fire and Smoke Detector
  • Laundry closet

Flooring

  • Carpet
  • Laminate

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 33391000026000000001.0

Community Details

Overview

  • Villas Of Vero Beach Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $2,800
  • Maintenance Expense $1,000
  • Operating Expense $10,391
  • Gross Income $60,000
  • Net Operating Income $49,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,591

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: .32
  • Subdivision Name: Villas of Vero Beach
  • Directions: From 16th street going west make left onto 36th ave. Drive down to 1408 and 1406 on left.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1988
  • Attribution Contact: 772-999-4658
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Residential
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: High Ceilings, Split Bedrooms
  • Stories: 2
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Current Use: Residential
  • Parcel #: 33391000026000000001.0
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Sewer, Water

Multi Family

  • Annual Gross Income: 60000.0
  • Insurance Expense: 2800.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 49609.0
  • Annual Operating Expense: 10391.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 6591.0
  • Tax Lot: 1
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,263 $198,945 $19,460 $179,485
2023 $3,263 $201,160 $19,460 $181,700
2022 $2,269 $168,863 $19,460 $149,403
2021 $1,902 $120,673 $19,460 $101,213
2020 $1,673 $96,830 $19,460 $77,370
2019 $1,810 $108,693 $19,460 $89,233
2018 $1,683 $99,099 $18,069 $81,030
2017 $1,583 $93,633 $0 $0
2016 $1,420 $79,720 $0 $0
2015 $1,300 $67,390 $0 $0
2014 $1,145 $61,680 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $550,000 -8.2% --
04/30/2025 04/30/25 Price Changed $599,000 -4.2% --
02/18/2025 02/18/25 For Sale $625,000 +17.9% --
10/04/2024 10/04/24 Sold $530,000 -11.7% --
08/15/2024 08/15/24 Price Changed $599,900 -4.0% --
07/18/2024 07/18/24 For Sale $625,000 -- --
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $530,000 Patch Reef Title
Warranty Deed $212,500 Elite Title Of The Treasure Co
Warranty Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $170,000 Attorney
Warranty Deed $84,000 --
Warranty Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Balloon
Previous Owner $170,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $72,000 Purchase Money Mortgage
Source: Public Records

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Source: REALTORS® Association of Indian River County

MLS Number: 285625

APN: 33-39-10-00026-0000-00001.0

Florida Indian River County Vero Beach 32960

1406 36th Ave Unit 1406 & 1408, Vero Beach, FL

This home is located at 1406 36th Ave Unit 1406 & 1408, Vero Beach, FL 32960 and is currently priced at $550,000. This property was built in 1988. 1406 36th Ave Unit 1406 & 1408 is a home located in Indian River County with nearby schools including Glendale Elementary School, Storm Grove Middle School, and Vero Beach High School.

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Nearby Homes
Nancy Acevedo
Listing Agent
Nancy Acevedo
Section Image
LPT Realty, LLC
(772) 356-4414