NOT LISTED FOR SALE

Estimated Value: $403,000 - $508,000

4 Beds
3 Baths
1,541 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: October 10, 2022

Last sale price $525,000 $341 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,991 / mo

Highlights

  • Deck
  • High Ceiling
  • Central Heating and Cooling System
  • Wood Flooring
  • Multiple cooling system units

About This Home

As of October 2022

Live and Earn and/or Earn in Downtown Arts District. Super convenient. Walk to all downtown events, church, restaurants, groceries. Enjoy the work live life in Vero Beach. Leased 2/1 House in the front and Modern Up/Down 1/1's in the back.

Last Agent to Sell the Property

Gayle D'Haeseleer

RE/MAX Select Group License #3375408 Listed on: 10/10/2022

RE/MAX Select Group

Last Buyer's Agent

Lynn Grady

Engel & Voelkers Vero Beach License #3456500

Engel & Voelkers Vero Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,805

Lot Details

  • 8,712

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • High Ceiling
  • Laundry in Garage

Flooring

  • Wood
  • Tile

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Additional Features

  • Deck
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 33390200008004000014.0

Community Details

Overview

  • Elmdale Property Mgt Association
  • Edgewood Subdivision

Building Details

  • 3 Separate Electric Meters
  • Insurance Expense $4,000
  • Maintenance Expense $1,000
  • Operating Expense $9,500
  • Gross Income $49,500
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,805

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: .20
  • Professional Management Expense: 4950.0
  • Subdivision Name: Edgewood
  • Directions: West SR-60 to 18th Avenue North to 18th Street. Property directly in front at corner of 19th Ave and 18th St.
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Triplex
  • Attribution Contact: 772-234-1111
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Possible Use: Mixed Use
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Window Features: 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, Frame, Concrete
  • Exterior Features: Deck, None
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area, In Garage
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: Elmdale Property Mgt

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33390200008004000014.0
  • Zoning Description: Multiple
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 49500.0
  • Insurance Expense: 4000.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 40000.0
  • Annual Operating Expense: 9500.0
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 2805.0
  • Tax Lot: 14
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Bought by
Current Estimated Value
$473,878

Purchase Details

Listed on
Oct 10, 2022
Closed on
Oct 31, 2022
Sold by
Bought by
Seller's Agent
Gayle D'Haeseleer
RE/MAX Select Group
Buyer's Agent
Lynn Grady
Engel & Voelkers Vero Beach
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.73%

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 18, 2018
Sold by
Bought by
Seller's Agent
Alex MacWilliam
Alex MacWilliam, Inc.
Buyer's Agent
Gayle D'Haeseleer
RE/MAX Select Group
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.00%
Original Mortgage
$165,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Alliance Title Of The Treasure
$500,000 Alliance Title Of The Treasure
$525,000 --
$160,000 Attorney
$145,000 Harbor Title & Escrow Inc
$8,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $165,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2022 10/10/22 Sold $525,000 -12.4% $341 / Sq Ft
10/10/2022 10/10/22 For Sale $599,000 +274.4% $389 / Sq Ft
05/18/2018 05/18/18 Sold $160,000 -8.6% $157 / Sq Ft View Prior Sale
04/18/2018 04/18/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $175,000 +119.0% $171 / Sq Ft
03/31/2014 03/31/14 Sold $79,900 0.0% $52 / Sq Ft View Prior Sale
03/01/2014 03/01/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $79,900 -- $52 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,352 $318,888 $88,698 $230,190
2024 $4,619 $273,826 $77,129 $196,697
2023 $4,619 $278,471 $77,129 $201,342
2022 $3,080 $223,539 $57,847 $165,692
2021 $2,805 $189,423 $38,565 $150,858
2020 $2,542 $164,590 $23,139 $141,451
2019 $2,151 $114,054 $23,139 $90,915
2018 $2,083 $108,484 $23,139 $85,345
2017 $2,118 $109,768 $0 $0
2016 $2,180 $112,980 $0 $0
2015 $1,677 $81,340 $0 $0
2014 -- $74,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 262112

APN: 33-39-02-00008-0040-00014.0

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