NOT LISTED FOR SALE
-- 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.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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

Listed on
Jan 14, 2015
Closed on
Mar 16, 2015
Sold by
Bought by
Seller's Agent
Joseph Schlitt
Douglas Elliman Florida LLC
Buyer's Agent
Alex MacWilliam
Alex MacWilliam, Inc.
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Vero Beach, FL

See All Agents

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
$275,000 Attorney
$235,000 --
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
Closed $350,000
Closed $50,000
Closed $220,000
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
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 152246

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

Your Personal Tour Guide

Ask me questions while you tour the home.