NOT LISTED FOR SALE

Vero Beach, FL 32960

1 Bed
1 Bath
1,194 Sq Ft
6,098 Sq Ft Lot

Last Sold April 29, 2014

Last sale price $95,000 $80 Per Sq Ft

38 Days on Market

Highlights

  • Home fronts navigable water
  • Corner Lot
  • Terrazzo Flooring
  • Vero Beach High School Rated A-
  • Covered Patio or Porch
  • Multiple Heating Units

About This Home

As of April 2014

Great cash flow, great location, Leases in place. 10% Cap Rate. Seller will consider up to 45% financing

Last Agent to Sell the Property

Chris Butler

Villa Realty Associates Inc License #3192054 Listed on: 02/19/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Home fronts navigable water
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Terrazzo Flooring
  • Laundry Located Outside

Home Security

  • Security Lights
  • Motion Detectors

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 33390200001024000014.0

Community Details

Overview

  • Original Town Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $1,350
  • Maintenance Expense $600
  • Operating Expense $3,820
  • Gross Income $13,620
  • Net Operating Income $9,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: .14
  • Subdivision Name: ORIGINAL TOWN
  • Directions: 20th Street to 20th Ave, North on 20th Ave, right on 24th Street
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1950
  • Attribution Contact: 772-360-4572
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Sewer, Water
  • Fireplace: No
  • Flooring: Terrazzo
  • Interior Amenities: Cable TV
  • Living Area: 1194.0
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Navigable Water
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: None
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Outside
  • Security: Motion Detectors, Security Lights
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Annual Utilities Expense: 900.0

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Current Use: Residential
  • Parcel #: 33390200001024000014.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Trash Collection

Multi Family

  • Annual Gross Income: 13620.0
  • Insurance Expense: 1350.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 9800.0
  • Annual Operating Expense: 3820.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Year: 2013

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
04/29/2014 04/29/14 Sold $95,000 -9.5% $80 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $105,000 -- $88 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Butler

    Seller's Agent in 2014

    Chris Butler

    Villa Realty Associates Inc

    (772) 453-4318

    22 in this area

    58 Total Sales

    Chris Butler
    Section Image
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Source: REALTORS® Association of Indian River County

MLS Number: 144204

APN: 33-39-02-00001-0240-00014.0

Florida Indian River County Vero Beach

32960

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