$895,000
$155K PRICE DROP

Estimated payment $5,570/month

Total Views 11,075
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Laundry Room
  • Terrazzo Flooring
  • 1-Story Property
  • Beachland Elementary School Rated A-
  • Central Heating and Cooling System
  • 5-minute walk to South Beach Park

About This Home

Excellent investment opportunity in the heart of Central Beach! Concrete block duplex just a half block from Riverside with walking trails, boat ramp, tennis courts, and playground. Within the park are Memorial Island, the Museum of Art, and Riverside Theatre. Minutes to beaches, shopping, dining, and schools. Both units are currently rented, each offering 2BR/1BA, open floor plan with eat-in kitchen, and terrazzo floors. Features include private driveways, screened porches, individual laundry rooms, and a spacious lot with southern exposure. New roof in 2023! Sizes approx./subject to error.

Listing Agent

Elizabeth Sorensen

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-231-4712 License #3134517 Listed on: 04/28/2025

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,070

Year Built

  • Built in 1967

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Terrazzo Flooring
  • Laundry Room

Parking

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

Additional Features

  • Lot Dimensions are 100x130
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for common area maintenance
  • Tax Lot 6
  • Assessor Parcel Number 32403200006015000006.0

Community Details

Overview

  • Vero Beach Estates Subdivision

Building Details

  • 2 Separate Electric Meters
  • Operating Expense $11,070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,070

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 100x130
  • Subdivision Name: Vero Beach Estates
  • Directions: A1A to Azalea (west) to address.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1967
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Mixed Use
  • Owner Pays: Common Area Maintenance
  • Fireplace: No
  • Flooring: Terrazzo
  • Stories: 1
  • Window Features: None

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: None
  • Roof: Shingle

Garage/Parking

  • Parking Features: Additional Parking, Assigned, Covered, Carport, Two Spaces
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • 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: NONE

Lot Info

  • Current Use: Residential
  • Parcel #: 32403200006015000006.0
  • Zoning Description: Multiple

Rental Info

  • Tenant Pays: Cable TV, Electricity, Janitorial Service, Trash Collection, Water

Multi Family

  • Annual Operating Expense: 11070.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 11070.0
  • Tax Lot: 6
  • 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 $11,303 $689,405 $386,750 $302,655
2024 $7,124 $684,852 $386,750 $298,102
2023 $7,124 $419,457 $0 $0
2022 $6,632 $459,054 $221,000 $238,054
2021 $5,821 $364,406 $221,000 $143,406
2020 $5,265 $315,144 $221,000 $94,144
2019 $5,402 $315,144 $221,000 $94,144
2018 $5,278 $302,432 $221,000 $81,432
2017 $5,021 $292,471 $0 $0
2016 $4,716 $278,730 $0 $0
2015 $4,247 $229,010 $0 $0
2014 $3,731 $208,530 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2026 01/13/26 Price Changed $895,000 -3.2% --
08/04/2025 08/04/25 Price Changed $925,000 -7.0% --
06/04/2025 06/04/25 Price Changed $995,000 -5.2% --
04/28/2025 04/28/25 For Sale $1,050,000 0.0% --
12/14/2022 12/14/22 Rented $2,100 0.0% --
11/14/2022 11/14/22 Under Contract -- -- --
10/11/2022 10/11/22 For Rent $2,100 -- --
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 287643

APN: 32-40-32-00006-0150-00006.0

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