NOT LISTED FOR SALE

1803 7th Ave Vero Beach, FL 32960

Central Vero Beach Neighborhood
2 Beds
1 Bath
2,784 Sq Ft
10,454 Sq Ft Lot Lot

Sale Details

Date Sold: January 30, 2020

Last sale price $751,000 $270 Per Sq Ft

21 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Central Air
  • Beachland Elementary School Rated A-
  • Sliding Doors
  • Heat Strip

About This Home

As of January 2020

Great investment opportunity. 3 triplexes to be sold together: 714 18th St, 722 18th St and 1803 7th Ave. All 9 units are currently tenant occupied. Separate coined laundry room for tenants available. Great city location, well maintained, 4 year old roof on 1803 only. Call to schedule your private showing today.

Last Agent to Sell the Property

Stephanie Saraceni

Tozzolo & Associates RE LLC License #3372927 Listed on: 12/09/2019

Last Buyer's Agent

Joseph Kovaleski

Dale Sorensen Real Estate Inc. License #0440769

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 1974

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x141

Home Design

  • Triplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Sliding Doors
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 15 Parking Spaces
  • Assigned Parking

Utilities

  • Central Air
  • Heat Strip

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • The owner pays for common area maintenance, grounds care, insurance, taxes, trash collection
  • Tax Lot 47
  • Assessor Parcel Number 33390100034005000047.0

Community Details

Overview

  • Keystone Subdivision

Building Details

  • 10 Separate Electric Meters
  • Insurance Expense $3,584
  • Maintenance Expense $11,774
  • Operating Expense $35,967
  • Gross Income $77,145
  • Net Operating Income $41,177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,945

Year Built

Built in 1974

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 75x141
  • Professional Management Expense: 8244.0
  • Subdivision Name: Keystone
  • Directions: US1 to 18th St, go east on corner of 7th Ave.
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built: 1974
  • Attribution Contact: 772-388-3322
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Residential
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Taxes, Trash Collection
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Stories: 1
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 15.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Strip
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 933.0

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Parcel #: 33390100034005000047.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Annual Gross Income: 77145.0
  • Insurance Expense: 3584.0
  • Maintenance Expense: 11774.0
  • Property Net Operating Income: 41177.0
  • Annual Operating Expense: 35967.0
  • Number Of Separate Electric Meters: 10

Tax Info

  • Tax Annual Amount: 2945.0
  • Tax Lot: 47
  • Tax Year: 2018
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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
01/30/2020 01/30/20 Sold $751,000 +0.1% $270 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $750,000 +400.0% $269 / Sq Ft
07/01/2014 07/01/14 Sold $150,000 0.0% $54 / Sq Ft View Prior Sale
06/29/2014 06/29/14 Sold $150,000 0.0% $54 / Sq Ft View Prior Sale
06/29/2014 06/29/14 For Sale $150,000 -21.0% $54 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $189,900 -- $68 / Sq Ft
Source: REALTORS® Association of Indian River County

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
2025 $6,509 $382,109 $44,944 $337,165
2024 $5,370 $366,767 $35,955 $330,812
2023 $5,370 $308,012 $0 $0
2022 $4,703 $280,010 $35,955 $244,055
2021 $4,551 $267,266 $35,955 $231,311
2020 $3,412 $226,116 $35,955 $190,161
2019 $3,306 $222,052 $35,955 $186,097
2018 $2,945 $182,358 $26,966 $155,392
2017 $2,617 $149,980 $0 $0
2016 $2,440 $139,850 $0 $0
2015 $2,154 $107,610 $0 $0
2014 $1,885 $98,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stephanie Saraceni

    Tozzolo & Associates RE LLC

    (772) 696-2149

    1 in this area

    37 Total Sales

    Stephanie Saraceni
    Section Image
  • Joseph Kovaleski

    Buyer's Agent in 2020

    Joseph Kovaleski

    Dale Sorensen Real Estate Inc.

    (772) 492-5318

    5 in this area

    22 Total Sales

    Joseph Kovaleski
    Section Image

  • L

    Seller's Agent in 2014

    Len Zanca

    Realty Connection

    (772) 538-2422

    1 in this area

    2 Total Sales

    Len Zanca
    Section Image

  • N

    Seller's Agent in 2014

    NON-MLS AGENT

    NON MLS

  • W

    Buyer's Agent in 2014

    Wayne Tozzolo

    Tozzolo & Associates RE LLC

    (772) 473-7858

    2 Total Sales

    Wayne Tozzolo
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 228133

APN: 33-39-01-00034-0050-00047.0

Florida Indian River County Vero Beach 32960 Central Vero Beach

1803 7th Ave, Vero Beach, FL

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