NOT LISTED FOR SALE
1 Bed
1 Bath
6,480 Sq Ft
0.65 Acres

Last Sold September 18, 2020

Last sale price $522,000 $81 Per Sq Ft

20 Days on Market

Highlights

  • 28,200 Sq Ft lot
  • Tile Flooring
  • Central Heating and Cooling System
  • Vero Beach High School Rated A-

About This Home

As of September 2020

Excellent investment property. Units now renting to $700-$750 / month. 8 - two bedroom units with one bath. Separate utilities. Tax records are not correct. - each unit has two bedrooms. Great central location only minutes to beach

Last Agent to Sell the Property

Joseph Walsh

Coldwell Banker Paradise License #3262411 Listed on: 08/25/2020

Coldwell Banker Paradise

Last Buyer's Agent

Joseph Schlitt

Douglas Elliman Florida LLC License #3102713

Douglas Elliman Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,782

Year Built

  • Built in 1988

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 100 x 282

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,480 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 33391200025000000007.0

Community Details

Overview

  • 4 Units
  • Orange Terrace Subdivision

Building Details

  • Operating Expense $25,978
  • Net Operating Income $43,322

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,782

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From US Hwy 1 go east on 12th Street. Turn Left on 6th Ave. Units on right at the corner of 13th Place.
  • Year Built: 1988
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile
  • Living Area: 6480.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 33391200025000000007.0
  • Lot Size: 100 x 282
  • Lot Size Sq Ft: 28200.0
  • Zoning Description: RM-10/RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 43322.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 25978.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6782.0

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
09/18/2020 09/18/20 Sold $522,000 +4.6% $81 / Sq Ft
08/28/2020 08/28/20 For Sale $499,000 0.0% $77 / Sq Ft
02/01/2015 02/01/15 Rented $600 0.0% --
01/02/2015 01/02/15 Under Contract -- -- --
10/09/2014 10/09/14 For Rent $600 0.0% --
04/02/2014 04/02/14 Rented $600 0.0% --
03/03/2014 03/03/14 Under Contract -- -- --
01/09/2014 01/09/14 For Rent $600 0.0% --
11/12/2013 11/12/13 Sold $305,000 -32.2% $47 / Sq Ft
10/13/2013 10/13/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $450,000 -- $69 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10650546

BeachesMLS

APN: 33-39-12-00025-0000-00007.0