NOT LISTED FOR SALE

2405 16th Ave Vero Beach, FL 32960

Central Vero Beach Neighborhood
-- Bed
-- Bath
8,032 Sq Ft
18,731 Sq Ft Lot

Last Sold March 17, 2015

Last sale price $275,000 $34 Per Sq Ft

31 Days on Market

About This Home

As of March 2015

Great Income producing property in the heart of the Vero Beach. Currently 100% occupied, so please be mindful of the tenants and call for information or showings.

Last Agent to Sell the Property

Joseph Schlitt

Douglas Elliman Florida LLC License #3102713 Listed on: 01/14/2015

Douglas Elliman Florida LLC

Co-Listed By

Joseph ONeill

Douglas Elliman Florida LLC License #3289603

Last Buyer's Agent

Alex MacWilliam

Alex MacWilliam, Inc. License #3281572

Alex MacWilliam, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.43

Parking

  • Assigned Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Tile Flooring
  • Laundry in unit

Additional Features

  • Lot Dimensions are 150x125
  • Central Heating

Listing and Financial Details

  • The owner pays for grounds care, sewer, water
  • Assessor Parcel Number 33390200001012000005.0

Community Details

Overview

  • Vero Beach City Of Subdivision

Building Details

  • 7 Separate Electric Meters
  • Insurance Expense $8,396
  • Operating Expense $17,179
  • Gross Income $43,200
  • Net Operating Income $26,021

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0.43 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 150x125
  • Subdivision Name: VERO BEACH CITY OF
  • Directions: 16th Ave and 24th St
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1975
  • Attribution Contact: 772-778-2029
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Grounds Care, Sewer, Water
  • Fireplace: No
  • Flooring: Tile
  • Stories: 2
  • Window Features: 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, Concrete
  • Exterior Features: Paved Driveway
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Laundry Features: In Unit
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 4492.0

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Parcel #: 33390200001012000005.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 43200.0
  • Insurance Expense: 8396.0
  • Property Net Operating Income: 26021.0
  • Annual Operating Expense: 17179.0
  • Number Of Separate Electric Meters: 7

Tax Info

  • Tax Year: 2014
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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
03/17/2015 03/17/15 Sold $275,000 -15.4% $34 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $325,000 -- $40 / 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 $11,614 $792,281 $103,594 $688,687
2024 $10,106 $780,073 $103,594 $676,479
2023 $10,106 $490,202 $0 $0
2022 $9,047 $606,614 $79,688 $526,926
2021 $7,925 $477,399 $79,688 $397,711
2020 $7,169 $411,408 $79,688 $331,720
2019 $6,780 $381,715 $79,688 $302,027
2018 $6,447 $365,645 $79,688 $285,957
2017 $5,833 $312,718 $0 $0
2016 $5,145 $251,550 $0 $0
2015 $4,624 $214,640 $0 $0
2014 $4,019 $196,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Schlitt

    Seller's Agent in 2015

    Joseph Schlitt

    Douglas Elliman Florida LLC

    (772) 643-6824

    54 in this area

    101 Total Sales

    Joseph Schlitt
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Joseph ONeill

    Douglas Elliman Florida LLC

    (772) 643-6824

    65 in this area

    108 Total Sales

    Joseph ONeill
    Section Image
  • Alex MacWilliam

    Buyer's Agent in 2015

    Alex MacWilliam

    Alex MacWilliam, Inc.

    (772) 473-6972

    12 in this area

    23 Total Sales

    Alex MacWilliam
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 152246

APN: 33-39-02-00001-0120-00005.0

Florida Indian River County Vero Beach 32960 Central Vero Beach

2405 16th Ave, Vero Beach, FL

Not Listed for Sale

MultiFamily

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