NOT LISTED FOR SALE

2405 16th Ave Vero Beach, FL 32960

Central Vero Beach Neighborhood
-- Bed
-- Bath
8,032 Sq Ft
0.43 Acre Lot

Sale Details

Date 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

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
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

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 $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

    47 in this area

    94 Total Sales

    Joseph Schlitt
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Joseph ONeill

    Douglas Elliman Florida LLC

    (772) 643-6824

    58 in this area

    98 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

    22 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

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