NOT LISTED FOR SALE

4121 18th Place Vero Beach, FL 32960

-- Bed
1 Bath
1,586 Sq Ft
10,019 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $303,000 $191 Per Sq Ft

48 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 2 Car Detached Garage
  • Vero Beach High School Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of July 2024

Prime duplex investment opportunity in central Vero Beach! Situated close to shopping, schools, bus stop, this well-maintained property features durable concrete block & 2018 metal roofs. Each unit offers 2 bedrooms, 1 bath, in-unit laundry closet. Currently rented at $1,550 & $1,625, the rents are below market value, presenting significant rental growth potential for the new owner. Whether you're looking to purchase a single duplex or all three for your portfolio, this opportunity provides flexibility & promising returns. Don't miss out on this fantastic investment in a sought-after location.

Last Agent to Sell the Property

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. Brokerage Phone: 772-231-6509 License #3377487 Listed on: 06/11/2024

Last Buyer's Agent

Dan Rusu

LOKATION License #3555534

LOKATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1957

Lot Details

  • 10,019 Sq Ft Lot
  • Home fronts a pond
  • Lake Front

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,586 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Laundry closet

Flooring

  • Tile
  • Terrazzo

Parking

  • 2 Car Detached Garage
  • Assigned Parking

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, trash collection, water
  • The owner pays for common area maintenance, taxes
  • Tax Lot 5
  • Assessor Parcel Number 33390300026006000005.0

Community Details

Overview

  • Watson Property Mgmt Association
  • Sunnyside Park Subdivision

Building Details

  • 2 Separate Electric Meters
  • Gross Income $38,100
  • Net Operating Income $38,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: .23
  • Subdivision Name: Sunnyside Park
  • Directions: route 60 to 42nd ave
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1957
  • Attribution Contact: 772-231-6509
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Residential
  • Owner Pays: Common Area Maintenance, Taxes
  • Fireplace: No
  • Flooring: Terrazzo, Tile
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1586.0
  • Stories: 1
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Detached
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: Watson Property Mgmt

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Residential
  • Parcel #: 33390300026006000005.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water

Multi Family

  • Annual Gross Income: 38100.0
  • Property Net Operating Income: 38100.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 2224.0
  • Tax Lot: 5
  • Tax Year: 2023

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
07/31/2024 07/31/24 Sold $303,000 -24.1% $191 / Sq Ft
06/12/2024 06/12/24 For Sale $399,000 0.0% $252 / Sq Ft
02/22/2022 02/22/22 For Rent $1,550 0.0% --
02/22/2022 02/22/22 Rented $1,550 +82.4% --
01/01/2020 01/01/20 Rented $850 -10.5% --
12/02/2019 12/02/19 Under Contract -- -- --
08/14/2019 08/14/19 For Rent $950 -- --
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas 'TP' Kennedy

    Seller's Agent in 2024

    Thomas 'TP' Kennedy

    Alex MacWilliam, Inc.

    (772) 794-3799

    39 in this area

    175 Total Sales

    Thomas 'TP' Kennedy
    Section Image

  • D

    Buyer's Agent in 2024

    Dan Rusu

    LOKATION

    (949) 531-0422

    7 in this area

    75 Total Sales

    Dan Rusu
    Section Image

  • B

    Seller's Agent in 2022

    Brigette Sedeno

    Watson Realty Corp - VB

    (786) 417-9192

    Brigette Sedeno
    Section Image

  • R

    Seller's Agent in 2020

    Randy Horowitz

    Mac Evoy Real Estate Co

    (561) 445-0354

    13 Total Sales

    Randy Horowitz
    Section Image

  • K

    Buyer's Agent in 2020

    Kathleen Powell

    One Sotheby's Int'l Realty

    (772) 696-4062

    14 in this area

    99 Total Sales

    Kathleen Powell
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 279043

APN: 33-39-03-00026-0060-00005.0

Florida Indian River County Vero Beach 32960

4121 18th Place, Vero Beach, FL

This home is located at 4121 18th Place, Vero Beach, FL 32960 since 11 June 2024. This property was built in 1957. 4121 18th Place is a home located in Indian River County with nearby schools including Glendale Elementary School, Storm Grove Middle School, and Vero Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes