$1,650,000

Estimated payment $9,710/month

Total Views 879
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.95 Acre Lot
  • Multiple cooling system units
  • Sliding Doors
  • Beachland Elementary School Rated A-
  • Terrazzo Flooring
  • Heating Available

About This Home

FULLY LEASED multi-family includes 3 contiguous parcels of almost a third acre each, for a total of .95 acres with opportunity for future multi-family development! Two 2/1 and six 1/1 units with AC. Coin laundry. Quiet city location east of US1. New metal roof Feb. 2026, some impact windows. City water and sewer. Flood zone X. $120K+ gross annual rental income. Dimensions approximate.

Listing Agent

Lucy Hendricks

Premier Estate Properties Brokerage Phone: 772-234-5555 License #0401659 Listed on: 05/19/2026

Co-Listing Agent

Jane Schwiering

Premier Estate Properties Brokerage Phone: 772-234-5555 License #0078839

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,775

Year Built

  • Built in 1967

Lot Details

  • 41,382 Sq Ft Lot
  • Few Trees

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Blinds
  • Sliding Doors
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Terrazzo

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • Multiple cooling system units
  • Heating Available

Listing and Financial Details

  • The owner pays for common area maintenance, grounds care, insurance, janitorial service, sewer, taxes, trash collection, water
  • Tax Lot 47
  • Assessor Parcel Number 33390100034004000047.0

Community Details

Overview

  • Watson Association
  • Keystone Subdivision

Building Details

  • 9 Separate Electric Meters
  • Insurance Expense $13,772
  • Operating Expense $40,723
  • Gross Income $123,250
  • Net Operating Income $82,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,775

Year Built

Built in 1967

Lot Details

0.95 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.95
  • Lot Size: .95 acre
  • Road Surface Type: Paved
  • Professional Management Expense: 15556.0
  • Co List Office Mls Id: 0371
  • Co List Office Phone: 772-234-5555
  • Subdivision Name: Keystone
  • Directions: US 1 south of 20th St and north of 16th. East on 19th St at Ay Jalisco to end of block, north side of street. Christ Church property bounds east end.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1967
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Residential
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Janitorial Service, Sewer, Taxes, Trash Collection, Water
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Terrazzo
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot, Few Trees
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: None
  • Roof: Metal

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Electric, 1 Unit, 2 Units, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: Watson

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33390100034004000047.0
  • Zoning Description: Residential

Rental Info

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

Multi Family

  • Annual Gross Income: 123250.0
  • Insurance Expense: 13772.0
  • Property Net Operating Income: 82572.0
  • Annual Operating Expense: 40723.0
  • Number Of Separate Electric Meters: 9

Tax Info

  • Tax Annual Amount: 9775.0
  • Tax Lot: 47
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,430 $531,389 $60,002 $471,387
2024 $6,986 $510,591 $48,001 $462,590
2023 $6,986 $332,999 $0 $0
2022 $6,089 $381,935 $48,001 $333,934
2021 $5,679 $353,954 $48,001 $305,953
2020 $5,030 $288,771 $48,001 $240,770
2019 $4,841 $280,418 $48,001 $232,417
2018 $4,343 $229,337 $36,001 $193,336
2017 $3,876 $187,969 $0 $0
2016 $4,938 $277,010 $0 $0
2015 $4,336 $208,150 $0 $0
2014 $3,766 $189,810 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2026 05/19/26 For Sale $1,650,000 -- --
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 297443

APN: 33-39-01-00034-0040-00047.0

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