$1,395,000
$105K PRICE DROP

950 Sandpiper Ln Vero Beach, FL 32963

Estimated payment $7,751/month

Total Views 8,481
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Tile Flooring
  • 1-Story Property
  • Beachland Elementary School Rated A-
  • No Heating

About This Home

Lots of possibilities! This 4-unit condo building can be divided into 2- two bedroom units, or expanded to increase the square footage of each unit! Across the street from Beach Access!!

Listing Agent

Ron Rennick

Rennick Real Estate Brokerage Phone: 772-562-5015 License #0343454 Listed on: 12/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 80x131

Home Design

  • Quadruplex
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 33400500024000100001.0

Community Details

Overview

  • Sun & Sand Associati Subdivision

Building Details

  • 4 Separate Electric Meters
  • Insurance Expense $560
  • Maintenance Expense $8,440
  • Operating Expense $31,535
  • Gross Income $67,834
  • Net Operating Income $36,298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,355

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 80x131
  • Subdivision Name: Sun & Sand Associati
  • Directions: From Causeway- turn right onto Ocean Drive, right onto Sandpiper Lane.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1982
  • Attribution Contact: 772-562-5015
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Tile
  • Stories: 1
  • Window Features: Single Hung

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Roof: Other, Rolled/Hot Mop

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: None
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Public
  • Annual Utilities Expense: 10000.0

Condo/Co-op/Association

  • Community Features: None
  • Association Name: NONE

Lot Info

  • Parcel #: 33400500024000100001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 67834.0
  • Insurance Expense: 560.0
  • Maintenance Expense: 8440.0
  • Property Net Operating Income: 36298.0
  • Annual Operating Expense: 31535.0
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 1355.0
  • Tax Lot: 3
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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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
02/13/2025 02/13/25 Price Changed $1,395,000 -7.0% --
12/10/2024 12/10/24 For Sale $1,500,000 0.0% --
08/01/2024 08/01/24 Rented $2,100 +40.0% --
03/28/2024 03/28/24 Price Changed $1,500 -48.3% --
03/06/2024 03/06/24 Price Changed $2,900 +38.1% --
11/06/2023 11/06/23 Price Changed $2,100 -27.6% --
10/30/2023 10/30/23 For Rent $2,900 0.0% --
07/22/2022 07/22/22 Sold $700,000 +0.1% --
06/22/2022 06/22/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $699,000 0.0% --
05/09/2014 05/09/14 For Rent $500 0.0% --
05/09/2014 05/09/14 Rented $500 -- --
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 283543