$365,000
SOLD JUN 5, 2025
-- Bed
-- Bath
1,568 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

9% Below List Price

27 Days on Market

Highlights

  • Cooling Available
  • Tile Flooring
  • Heating Available
  • Vero Beach High School Rated A-
  • Awning
  • 1-Story Property

About This Home

As of June 2025

Rare opportunity to purchase an income producing property. This duplex features 2 bedrooms and 1 bath in each unit. All tile throughout and recently updated. This residence is located downtown and close to shopping. One unit is tenant occupied with a lease rented at $1,500.00 per month and one unit is vacant. Large backyard area and new landscaping makes this property ready to move in.

Last Agent to Sell the Property

Renee Keene

Keller Williams Realty of VB Brokerage Phone: 772-494-8552 License #3367424 Listed on: 05/09/2025

Keller Williams Realty of VB

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1968

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Duplex
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Awning
  • Tile Flooring

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 33390200016007000007.0

Community Details

Overview

  • Osceola Park Homesit Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $2,000
  • Maintenance Expense $1,200
  • Operating Expense $6,600
  • Gross Income $38,000
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,406

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Lot Size: .17
  • Subdivision Name: Osceola Park Homesit
  • Directions: From east Hwy 60 turn right onto 20th Ave, Turn right onto 18th Street, duplex on the right.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1968
  • Attribution Contact: 772-494-8552
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 1568.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: None, Awning(s)
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: None
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: NA

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Residential
  • Parcel #: 33390200016007000007.0
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 38000.0
  • Insurance Expense: 2000.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 31000.0
  • Annual Operating Expense: 6600.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 3406.0
  • Tax Lot: 7
  • Tax Year: 2024

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
11/30/2025 11/30/25 For Rent $1,700 0.0% --
11/28/2025 11/28/25 Off Market $1,700 -- --
10/29/2025 10/29/25 Price Changed $1,700 -5.6% $2 / Sq Ft
10/25/2025 10/25/25 For Rent $1,800 0.0% --
06/23/2025 06/23/25 Off Market $1,800 -- --
06/16/2025 06/16/25 For Rent $1,800 0.0% --
06/05/2025 06/05/25 Sold $365,000 -8.5% $233 / Sq Ft
05/09/2025 05/09/25 For Sale $399,000 -- $254 / 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: 287988

APN: 33-39-02-00016-0070-00007.0