NOT LISTED FOR SALE

Vero Beach, FL 32960

Central Vero Beach Neighborhood
2 Beds
1 Bath
1,740 Sq Ft
1957 Built

Last Sold May 04, 2015

Last sale price $77,000 $44 Per Sq Ft

216 Days on Market

Highlights

  • Lake View
  • Eat-In Kitchen
  • Terrazzo Flooring
  • Corner Lot
  • Closed Circuit Camera
  • Central Heating

About This Home

As of May 2015

Fully leased. Excellent cash flow, Buy one or all 3 duplexes on this street, DO NOT DISTURB TENANTS. Last appraisal was $110k based on cash flow. Buy all 3 and seller will finance up to 45% of the purchase price.

Last Agent to Sell the Property

Chris Butler

Villa Realty Associates Inc License #3192054 Listed on: 08/30/2014

Last Buyer's Agent

Vance Brinkerhoff

Coldwell Banker Paradise License #0686238

Coldwell Banker Paradise

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Terrazzo Flooring
  • Lake Views
  • Eat-In Kitchen

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Motion Detectors

Additional Features

  • Corner Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, trash collection, water
  • The owner pays for grounds care
  • Assessor Parcel Number 33390300026006000001.0

Community Details

Overview

  • Sunnyside Park Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $768
  • Maintenance Expense $480
  • Operating Expense $2,154
  • Gross Income $13,800
  • Net Operating Income $11,646

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: .19
  • Subdivision Name: SUNNYSIDE PARK
  • Directions: From Hwy 60, South on 41st Ave, Right on 18th Place
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1957
  • Attribution Contact: 772-360-4572
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Grounds Care
  • Fireplace: No
  • Flooring: Terrazzo
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1740.0
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: Paved Driveway
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Motion Detectors, Security Lights
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Current Use: Residential
  • Parcel #: 33390300026006000001.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Annual Gross Income: 13800.0
  • Insurance Expense: 768.0
  • Maintenance Expense: 480.0
  • Property Net Operating Income: 11646.0
  • Annual Operating Expense: 2154.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Year: 2013
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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
05/04/2015 05/04/15 Sold $77,000 -18.9% $44 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
08/30/2014 08/30/14 For Sale $95,000 -- $55 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Tax History

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 $4,581 $264,647 $38,690 $225,957
2024 $2,256 $222,065 $38,690 $183,375
2023 $2,256 $110,842 $0 $0
2022 $2,046 $138,894 $14,069 $124,825
2021 $1,805 $111,889 $14,069 $97,820
2020 $1,589 $89,572 $14,069 $75,503
2019 $1,478 $79,199 $14,069 $65,130
2018 $1,369 $70,888 $14,069 $56,819
2017 $1,254 $62,566 $0 $0
2016 $1,198 $59,240 $0 $0
2015 $1,062 $49,770 $0 $0
2014 $929 $45,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Butler

    Seller's Agent in 2015

    Chris Butler

    Villa Realty Associates Inc

    (772) 453-4318

    20 in this area

    50 Total Sales

    Chris Butler
    Section Image
  • Vance Brinkerhoff

    Buyer's Agent in 2015

    Vance Brinkerhoff

    Coldwell Banker Paradise

    (972) 467-7718

    34 in this area

    275 Total Sales

    Vance Brinkerhoff
    Section Image
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Source: REALTORS® Association of Indian River County

MLS Number: 148954

APN: 33-39-03-00026-0060-00001.0

Florida Indian River County Vero Beach 32960

Central Vero Beach

Not Listed for Sale

MultiFamily

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