$545,000

40 5th Ave Vero Beach, FL 32962

Estimated payment $2,974/month

Total Views 1,692
1 Bed
1 Bath
504 Sq Ft
$1,081 Price per Sq Ft

Highlights

  • Cabana
  • Main Floor Primary Bedroom
  • Closed Circuit Camera
  • City View
  • Outdoor Kitchen
  • Shed

About This Home

Fully fenced .38-acre CH-zoned property with tropical landscaping and two rolling gates. Includes a renovated 1BR/1BA home, 400-amp electrical service on property, perfect for residence or office conversion. Features an extra-tall 2-space covered pole barn for RVs, boats, trailers, or equipment, plus a 40’ storage container with power set up as a shop or tool rom, 2nd oversized shed, and ample secure space for business operations or storage. Ideal for contractors, small business use, or live/work setup with commercial flexibility. Plenty of space to build another commercial building.

Listing Agent

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. Brokerage Phone: 772-231-6509 License #3377487 Listed on: 09/19/2025

Co-Listing Agent

Shannon O'Leary

Alex MacWilliam, Inc. Brokerage Phone: 772-231-6509 License #3445295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1961

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 148x113
  • West Facing Home
  • Zoning described as Commercial,Residential

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 504 Sq Ft Home
  • 1-Story Property
  • City Views
  • Closed Circuit Camera
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Cabana
  • Outdoor Kitchen
  • Shed

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Dixie Highlands Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 33391300009000300006.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,826

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 148x113
  • Co List Office Mls Id: 0013
  • Co List Office Phone: 772-231-6509
  • Ownership: Single Family/Other
  • Subdivision Name: Dixie Highlands
  • Directions: US #1 to 1st St to 5th ave.
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1961
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-6509
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Interior Amenities: Primary Downstairs
  • Living Area: 504.0
  • Stories: 1
  • Window Features: Single Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Outdoor Kitchen, Shed
  • Other Structures: Cabana, Shed(s)
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Additional Parking, Assigned, Covered, Carport, Two Spaces

Utilities

  • Laundry Features: None
  • Security: Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Name: owner
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33391300009000300006.0
  • Zoning Description: Commercial,Residential

Tax Info

  • Tax Annual Amount: 1826.0
  • Tax Lot: 5
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,162 $127,904 $70,350 $57,554
2024 $1,704 $123,036 $70,350 $52,686
2023 $1,704 $107,393 $0 $0
2022 $1,083 $68,067 $28,431 $39,636
2021 $1,003 $59,685 $28,431 $31,254
2020 $945 $55,530 $28,431 $27,099
2019 $893 $50,765 $28,431 $22,334
2018 $870 $48,810 $28,431 $20,379
2017 $854 $47,443 $0 $0
2016 $790 $43,320 $0 $0
2015 $788 $41,390 $0 $0
2014 $707 $38,370 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 For Sale $545,000 -- $1,081 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 Atlantic Coastal Land Ttl Co
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 291242

APN: 33-39-13-00009-0003-00006.0