NOT LISTED FOR SALE

970 12th St Vero Beach, FL 32960

Vero Beach South Area
2 Beds
2 Baths
2,024 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: April 20, 2021

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

177 Days on Market

Highlights

  • Tile Flooring
  • Heating Available
  • 1-Story Property
  • Fenced

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

0.27 Acres

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Apr 20, 2021
Sold by
Bought by
Seller's Agent
Maria Camacho
RE/MAX Select Group
Buyer's Agent
Maria Camacho
RE/MAX Select Group
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 24, 2013
Closed on
Feb 25, 2013
Sold by
Bought by
Seller's Agent
Steve Rennick
Rennick Real Estate
List Price
$110,000
Sold Price
$110,000
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$390,000 Attorney
$200,000 Riomar Title Llc
$110,000 Professional Title Of Indian
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $200,000
Previous Owner $140,000
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 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

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 $5,944 $331,511 $35,403 $296,108
2024 $5,056 $323,213 $35,403 $287,810
2023 $5,056 $330,786 $35,403 $295,383
2022 $4,762 $307,987 $35,403 $272,584
2021 $2,032 $115,642 $35,403 $80,239
2020 $1,837 $98,985 $35,403 $63,582
2019 $1,769 $92,441 $35,403 $57,038
2018 $1,788 $93,177 $35,403 $57,774
2017 $1,722 $88,855 $0 $0
2016 $1,878 $98,930 $0 $0
2015 $1,948 $98,980 $0 $0
2014 $1,725 $90,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Camacho

    Seller's Agent in 2021

    Maria Camacho

    RE/MAX

    (772) 473-1702

    34 Total Sales

    Maria Camacho
    Section Image
  • Steve Rennick

    Seller's Agent in 2013

    Steve Rennick

    Rennick Real Estate

    (772) 539-7200

    7 in this area

    261 Total Sales

    Steve Rennick
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 236116

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

Florida Indian River County Vero Beach 32960

970 12th St, Vero Beach, FL

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