NOT LISTED FOR SALE

970 12th St Vero Beach, FL 32960

2 Beds
2 Baths
2,024 Sq Ft
0.27 Acres

Last Sold April 20, 2021

Last sale price $390,000 $193 Per Sq Ft

Highlights

  • Tile Flooring
  • Fenced
  • 1-Story Property
  • Vero Beach High School Rated A-
  • Heating Available

About This Home

As of April 2021

Industrially zoned Quadplex. 2 buildings (2/1 & 1/1 units in each). Separate electric meters, combined water meter. 100% occupied. Fenced yard. Central location. DO NOT VISIT PROPERTY/DISTURB TENANTS.

Last Agent to Sell the Property

Maria Camacho

RE/MAX Select Group License #3397627 Listed on: 09/24/2020

RE/MAX Select Group

Last Buyer's Agent

Maria Camacho

RE/MAX Select Group License #3397627 Listed on: 09/24/2020

RE/MAX Select Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 1970

Lot Details

  • Fenced

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 1-Story Property
  • Blinds
  • Fire and Smoke Detector
  • Laundry in unit

Flooring

  • Carpet
  • Tile
  • Terrazzo

Utilities

  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, janitorial service
  • The owner pays for common area maintenance, grounds care, insurance, sewer, taxes, trash collection, water
  • Assessor Parcel Number 33391200000300000028.0

Community Details

Overview

  • Owner Managed Association

Building Details

  • 4 Separate Electric Meters
  • Insurance Expense $1,900
  • Maintenance Expense $1,500
  • Operating Expense $7,509
  • Gross Income $37,560
  • Net Operating Income $30,002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,769

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: .27 ACRE
  • Subdivision Name: Other
  • Directions: From US 1, go west on 12th ST. Property located between Church & Village Pet Center. No sign on property.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1970
  • Attribution Contact: 772-234-1111
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Mixed Use
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Sewer, Taxes, Trash Collection, Water
  • Fireplace: No
  • Flooring: Carpet, Terrazzo, Tile
  • Stories: 1
  • Window Features: Blinds, Single Hung

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: Fence
  • Roof: Other

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Annual Utilities Expense: 960.0

Condo/Co-op/Association

  • Community Features: None
  • Association Name: OWNER MANAGED

Lot Info

  • Parcel #: 33391200000300000028.0
  • Zoning Description: Industrial
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Janitorial Service

Multi Family

  • Annual Gross Income: 37560.0
  • Insurance Expense: 1900.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 30002.0
  • Annual Operating Expense: 7509.0
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 1769.0
  • Tax Year: 2019

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 List to Sale Price per Sq Ft Prior Sale
04/20/2021 04/20/21 Sold $390,000 -8.2% $193 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
09/24/2020 09/24/20 For Sale $425,000 +286.4% $210 / Sq Ft
02/26/2013 02/26/13 Sold $110,000 0.0% $54 / Sq Ft View Prior Sale
01/27/2013 01/27/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $110,000 -- $54 / Sq Ft
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: 236116

APN: 33-39-12-00000-3000-00028.0