NOT LISTED FOR SALE

955 18th Place Unit 955-(A&B) 975 (A&B) Vero Beach, FL 32960

-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Last Sold May 31, 2018

Last sale price $585,000

94 Days on Market

Highlights

  • French Doors
  • Tile Flooring
  • 1-Story Property
  • Beachland Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of May 2018

This offering is for 2 duplexes (4 units) each with 2 bedrooms and each with 1 bathroom. Not your typical duplex just completed in 2017 very well built with Metal Roofs, All tile throughout, Granite Kitchens and baths, cast iron bathtubs, solid core doors. Nothing this nice on the market like it. All leased with annual leases. All sizes are approximate and subject to error.

Last Agent to Sell the Property

Carl Sciara

Dale Sorensen Real Estate Inc. License #0704862 Listed on: 01/26/2018

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Lynn O'Malley

Dale Sorensen Real Estate Inc. License #0677819

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $412

Year Built

  • Built in 2017

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100x123

Home Design

  • Quadruplex
  • Metal Roof
  • Stucco

Interior Spaces

  • Split Bedroom Floorplan
  • 1-Story Property
  • Double Hung Windows
  • Blinds
  • French Doors
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry Located Outside

Parking

  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • Rain Gutters
  • 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, grounds care, insurance, taxes
  • Tax Lot 10
  • Assessor Parcel Number 33390100038000000010.0

Community Details

Overview

  • Merrimans Subdivision

Building Details

  • 4 Separate Electric Meters
  • Insurance Expense $1,596
  • Maintenance Expense $800
  • Operating Expense $7,116
  • Gross Income $57,000
  • Net Operating Income $49,884

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$412

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Lot Size: 100x123
  • Subdivision Name: Merrimans
  • Directions: SR 60 East to 10th ave go south to 18th Place duplexes are on south side of street.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2017
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Residential
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Taxes
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Master Downstairs, Split Bedrooms, French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Double Hung, Impact Glass

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Rain Gutters
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • Community Features: None, Gutter(s)

Schools

  • High School: Vero Beach High School

Lot Info

  • Parcel #: 33390100038000000010.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Annual Gross Income: 57000.0
  • Insurance Expense: 1596.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 49884.0
  • Annual Operating Expense: 7116.0
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 412.0
  • Tax Lot: 10
  • Tax Year: 2017

Range of Values:

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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
05/31/2018 05/31/18 Sold $585,000 -9.3% --
05/01/2018 05/01/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $645,000 -- --
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 199288

APN: 33-39-01-00038-0000-00010.0