$500,000
SOLD AUG 28, 2025

2407 15th Ave Vero Beach, FL 32960

Central Vero Beach Neighborhood
-- Bed
-- Bath
-- Sq Ft
1959 Built

Recently Sold

17% Below List Price

184 Days on Market

Highlights

  • Outdoor Pool
  • Patio
  • 3 Car Garage
  • Wood Flooring
  • Central Heating and Cooling System
  • 5-minute walk to Pocahontas Park

About This Home

As of August 2025

Fully Rented Five-plex in Downtown Vero! Central Location with Pool, Minutes from the Beach. Walking Distance to Shopping, Restaurant, and Downtown. Four 1-Bedroom / 1-Bathroom Units & One Efficiency Unit. All Units on One Electric Meter. Metal Roof Installed 2014. City Water/Sewer, FPL. Renovated Kitchens and Restrooms. Wood Flooring (Most Units). Central A/C

Last Agent to Sell the Property

Ed Amos

Lambert Commercial Real Estate Brokerage Phone: 772-778-2334 License #3598773 Listed on: 02/25/2025

Co-Listed By

Kevin Lambert

Lambert Commercial Real Estate Brokerage Phone: 772-778-2334 License #3327845

Last Buyer's Agent

Lisa Mastronardi

Sotheby's International Realty License #3281601

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,296

Year Built

  • Built in 1959

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Sliding Windows
  • Wood Flooring
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 33390200001013000006.0

Community Details

Overview

  • Original Town Subdivision

Building Details

  • 1 Separate Electric Meter
  • Insurance Expense $485
  • Maintenance Expense $333
  • Operating Expense $35,114
  • Gross Income $67,800
  • Net Operating Income $34,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,296

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 12632
  • Professional Management Expense: 282.0
  • Co List Office Mls Id: 0240
  • Co List Office Phone: 772-778-2334
  • Subdivision Name: Original Town
  • Directions: Located on the corner of 24th Street and 15th Ave.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1959
  • Attribution Contact: 772-778-2334
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Other, Wood
  • Stories: 1
  • Window Features: None, Sliding

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Off Street, Three or more Spaces
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 750.0

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A

Lot Info

  • Parcel #: 33390200001013000006.0
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 67800.0
  • Insurance Expense: 485.0
  • Maintenance Expense: 333.0
  • Property Net Operating Income: 34846.0
  • Annual Operating Expense: 35114.0
  • Number Of Separate Electric Meters: 1

Tax Info

  • Tax Annual Amount: 5296.0
  • Tax Lot: 6
  • Tax Year: 2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
08/28/2025 08/28/25 Sold $500,000 -12.3% --
06/03/2025 06/03/25 Price Changed $570,000 -4.8% --
02/25/2025 02/25/25 For Sale $599,000 -- --
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

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 $6,376 $403,356 $69,063 $334,293
2024 $5,297 $417,819 $69,063 $348,756
2023 $5,297 $264,207 $0 $0
2022 $4,479 $321,805 $53,125 $268,680
2021 $3,913 $253,718 $53,125 $200,593
2020 $3,545 $220,249 $53,125 $167,124
2019 $3,349 $204,638 $53,125 $151,513
2018 $3,181 $196,314 $53,125 $143,189
2017 $2,855 $165,698 $0 $0
2016 $2,520 $135,580 $0 $0
2015 $2,390 $124,070 $0 $0
2014 -- $113,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Amos

    Seller's Agent in 2025

    Ed Amos

    Lambert Commercial Real Estate

    (352) 406-8386

    1 in this area

    3 Total Sales

    Ed Amos
    Section Image
  • Kevin Lambert

    Seller Co-Listing Agent in 2025

    Kevin Lambert

    Lambert Commercial Real Estate

    (772) 569-9155

    26 in this area

    47 Total Sales

    Kevin Lambert
    Section Image
  • Lisa Mastronardi

    Buyer's Agent in 2025

    Lisa Mastronardi

    Sotheby's International Realty

    (561) 346-8220

    3 in this area

    90 Total Sales

    Lisa Mastronardi
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 286221

Florida Indian River County Vero Beach 32960 Central Vero Beach

2407 15th Ave, Vero Beach, FL

Sold

MultiFamily

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