NOT LISTED FOR SALE

1912 23rd Ave Unit 1-6 Vero Beach, FL 32960

-- Bed
-- Bath
3,698 Sq Ft
0.34 Acres

Last Sold April 28, 2021

Last sale price $635,000 $172 Per Sq Ft

18 Days on Market

Highlights

  • 9 Car Detached Garage
  • Cooling Available
  • Heating Available
  • Vero Beach High School Rated A-

About This Home

As of April 2021

THIS IS NO FAIRY TALE - YOUR GOLDEN GOOSE with a gaggle of 6 one bedrm apts. is a real investment opportunity waiting to be the source of a 7% return on your nest egg...Located in city limits of Vero Beach it's ideal for a live in landlord or hands on investor. This is no fable but a golden opportunity. Value is based on current rental comps of $900 per moth per unit

Last Agent to Sell the Property

Mary Lou Ciambriello

RE/MAX Crown Realty License #3048618 Listed on: 03/10/2021

RE/MAX Crown Realty

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

  • $3,468

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot

Home Design

  • Frame Construction

Interior Spaces

  • 3,698 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry Located Outside
  • Washer and Dryer Hookup

Parking

  • 9 Car Detached Garage
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 33390200016003000009.0

Community Details

Overview

  • Owner Manager Association
  • Osceola Park Homesit Subdivision

Building Details

  • 7 Separate Electric Meters
  • Insurance Expense $4,000
  • Maintenance Expense $2,500
  • Operating Expense $12,368
  • Gross Income $64,800
  • Net Operating Income $52,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,468

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Lot Size: .34
  • Road Surface Type: Paved
  • Subdivision Name: Osceola Park Homesit
  • Directions: 60 to 23rd Ave on south side of 60 unit on the left.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1974
  • Attribution Contact: 772-234-1111
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Other
  • Living Area: 3698.0
  • 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
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Frame, Concrete
  • Exterior Features: None
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned, Detached
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Outside
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2400.0

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Name: owner manager

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33390200016003000009.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 64800.0
  • Insurance Expense: 4000.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 52000.0
  • Annual Operating Expense: 12368.0
  • Number Of Separate Electric Meters: 7

Tax Info

  • Tax Annual Amount: 3468.0
  • Tax Lot: 9
  • Tax Year: 2020

Range of Values:

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List Price
Sold Price
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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
04/28/2021 04/28/21 Sold $635,000 -5.9% $172 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $675,000 -- $183 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 241758

APN: 33-39-02-00016-0030-00009.0