NOT LISTED FOR SALE

1949 24th St Vero Beach, FL 32960

Central Vero Beach Neighborhood
1 Bed
1 Bath
1,194 Sq Ft
1950 Built

Sale Details

Date Sold: April 29, 2014

Last sale price $95,000 $80 Per Sq Ft

38 Days on Market

Highlights

  • Home fronts navigable water
  • Covered Patio or Porch
  • Multiple Heating Units
  • Corner Lot
  • Terrazzo Flooring
  • 1-Story Property

About This Home

As of April 2014

Great cash flow, great location, Leases in place. 10% Cap Rate. Seller will consider up to 45% financing

Last Agent to Sell the Property

Chris Butler

Villa Realty Associates Inc Brokerage Phone: 772-360-4572 License #3192054 Listed on: 02/19/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Home fronts navigable water
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Terrazzo Flooring
  • Laundry Located Outside

Home Security

  • Security Lights
  • Motion Detectors

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 33390200001024000014.0

Community Details

Overview

  • Original Town Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $1,350
  • Maintenance Expense $600
  • Operating Expense $3,820
  • Gross Income $13,620
  • Net Operating Income $9,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: .14
  • Subdivision Name: ORIGINAL TOWN
  • Directions: 20th Street to 20th Ave, North on 20th Ave, right on 24th Street
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1950
  • Attribution Contact: 772-360-4572
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Sewer, Water
  • Fireplace: No
  • Flooring: Terrazzo
  • Interior Amenities: Cable TV
  • Living Area: 1194.0
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Navigable Water
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: None
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Outside
  • Security: Motion Detectors, Security Lights
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Annual Utilities Expense: 900.0

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Current Use: Residential
  • Parcel #: 33390200001024000014.0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Trash Collection

Multi Family

  • Annual Gross Income: 13620.0
  • Insurance Expense: 1350.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 9800.0
  • Annual Operating Expense: 3820.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Year: 2013
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
04/29/2014 04/29/14 Sold $95,000 -9.5% $80 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $105,000 -- $88 / 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 $4,402 $302,641 $34,531 $268,110
2024 $3,845 $297,861 $34,531 $263,330
2023 $3,845 $188,169 $0 $0
2022 $3,255 $228,788 $26,563 $202,225
2021 $2,812 $174,455 $26,563 $147,892
2020 $2,485 $141,375 $26,563 $114,812
2019 $2,366 $132,386 $26,563 $105,823
2018 $2,234 $125,398 $26,563 $98,835
2017 $2,018 $107,142 $0 $0
2016 $1,278 $63,850 $0 $0
2015 $1,218 $58,530 $0 $0
2014 $1,059 $53,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Butler

    Seller's Agent in 2014

    Chris Butler

    Villa Realty Associates Inc

    (772) 453-4318

    12 in this area

    38 Total Sales

    Chris Butler
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 144204

APN: 33-39-02-00001-0240-00014.0

Florida Indian River County Vero Beach 32960 Central Vero Beach

1949 24th St, Vero Beach, FL

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