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Vero Beach, FL Multifamily Homes & Duplexes for Sale

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  • /35

    $1,145,000

    • 2,248 Sq Ft

    9430+9436 Sea Grape Dr, Vero Beach, FL 32963

    Rare Barrier Island Duplex – Steps to the Beach! Exceptional Vero Beach opportunity! This fully renovated duplex features two spacious 2BR/2BA units, each with a 1-car garage and separate utilities. Highlights include impact windows/doors, quartz counters, new appliances, tile flooring, and a 2023 roof. No HOA—bring your boat or RV! Ideal for rental income, seasonal use, or multigenerational

    Agent Photo

    Paul Hebert

    Engel & Voelkers Vero Beach

    9430+9436 Sea Grape Dr, Vero Beach, FL 32963
  • /30

    $359,000

    • 1,646 Sq Ft

    1747 25th St, Vero Beach, FL 32960

    Two separate units, each with its own range, fridge, washer dryer and ceiling fans, span 1,646 sq ft of tile floors and clean, unfurnished, rent-ready space. The concrete-block build brings the durability CBS is known for: fewer surprises, lower upkeep. It sits on a 0.22-acre corner lot at 18th Ave & 25th St, with a carport and off-street parking. Historic downtown Vero Beach, with its shops and

    Sharon Winslow Compass Florida LLC

    1747 25th St, Vero Beach, FL 32960
  • /34

    $1,450,000

    $50K PRICE DROP
    • 2,164 Sq Ft

    566-576 Azalea Ln, Vero Beach, FL 32963

    Well built Vintage duplex in SUPERIOR LOCATION beachside. Two 2/1 units,1garage. Rm 16 zoning allows building up with more units or turning them into luxury two story townhomes~possible change to POI zoning. So many uses for this property~live in one side,rent the other~ high season or short term rentals bring Top $$ in Vero Beach.This property is within walking distance of the

    Liz Sherman Liz Sherman Real Estate

    566-576 Azalea Ln, Vero Beach, FL 32963
  • /36

    $979,000

    • 1,089 Sq Ft

    3509 Ocean Dr Unit 3509, Vero Beach, FL 32963

    Experience refined coastal living in this impeccably updated 2BR/2BA residence directly across from the beach on Ocean Drive. Filled with natural light, this turnkey property features 10ft ceilings, generous beds and baths, spacious closets, tile flooring, & sophisticated coastal-inspired interiors. The kitchen offers quartz countertops, peninsula seating, and an open-concept design. Surrounded

    Thomas 'TP' Kennedy Alex MacWilliam, Inc.

    3509 Ocean Dr Unit 3509, Vero Beach, FL 32963
  • /10

    $689,999

    $10K PRICE DROP

    1135 17th Place, Vero Beach, FL 32960

    4-unit income property in downtown Vero Beach generating ~$5,995/month (~$71,940/year) at ~8% cap. Rear duplex is newer construction (2 units) and front duplex (2 units) offers value-add potential including 2BR conversion. City water/sewer, separate electric meters. Industrial zoning allows flexibility; current multifamily use is legally non-conforming. Front building may need roof and interior

    Katie Holmes EXP Realty, LLC

    1135 17th Place, Vero Beach, FL 32960
  • /32

    $1,399,000

    $101K PRICE DROP

    5008 Tradewinds Dr, Vero Beach, FL 32963

    Terrific Triplex located in the best area of Vero Beach. Each apartment has two bedrooms, 1 1/2 bathrooms. Just steps to the most beautiful beach, grocery store, restaurants, shops and boardwalk and park. New metal roof, all impact glass windows, new paver patio with privacy fence with a lovely sitting area for relaxing, new landscaping adds to the outdoor enjoyment. washer and dryer in each

    Janice Jolly One Sotheby's Int'l Realty

    5008 Tradewinds Dr, Vero Beach, FL 32963
  • /14

    $415,000

    $15K PRICE DROP
    • 1,910 Sq Ft

    1504 41st Ave, Vero Beach, FL 32960

    Why choose between a home and an investment when you can have both? This updated Vero Beach duplex at 1504-1506 41st Avenue is perfect for house hacking. Live in the vacant 3BR/2BA at 1504, move-in ready with a beautifully updated bath, while the renovated 2BR/1BA at 1506 generates $1,600/month on a flexible month-to-month lease. That unit features granite countertops, solid wood shaker cabinets,

    John DiGirolomo LPT Realty, LLC

    1504 41st Ave, Vero Beach, FL 32960
  • /30

    $1,095,000

    498 17th St, Vero Beach, FL 32960

    Luxurious finishes await in this newer duplex. Each unit is 3 bedrooms, 2 bathrooms with 2 car garage. Located on Vero's 17th Street Causeway, close to the widest beach in the area with bathrooms and lifeguards. West is a short distance to US1 with restaurants, shopping and services. Location, location! Fully leased, all impact openings.

    Michael Thorpe One Sotheby's Int'l Realty

    498 17th St, Vero Beach, FL 32960
  • /11

    $689,000

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft

    3500 Ocean Dr Unit 325, Vero Beach, FL 32963

    Looking for an income property or 1031 exchange? This 3rd floor double unit is managed by Kimpton Hotels and has all the luxury resort amenities you would imagine. 2 restaurants, White Orchid Spa, Fitness Center, Oceanfront pool & spa, Valet parking, and concierge service. The best restaurants and shops that Ocean Drive has to offer are walking distance from your unit.

    Eddie Branigan Engel & Voelkers Vero Beach

    3500 Ocean Dr Unit 325, Vero Beach, FL 32963
  • /23

    $189,000

    • 908 Sq Ft

    4250 29th Ave, Vero Beach, FL 32967

    Exceptional investment opportunity or ideal owner-occupant property! Situated on a generous 12,393± sq. ft. lot with RM-10 multifamily zoning, this beautifully updated property offers two separate residential units, providing excellent flexibility for a variety of living and investment strategies. Both units have been tastefully renovated with modern finishes and are move-in ready. Live in one

    Maria Sobinina Dalton Wade Inc

    4250 29th Ave, Vero Beach, FL 32967
  • /36

    $515,000

    2840 41st St, Vero Beach, FL 32967

    Investment opportunity to own 3 existing homes on this 1.5 acre lot zoned RM-10. 2 Income producing homes have tenants in place and 1 home ready for a remodel. The property features a main home that has 1,462 sqft with 3 beds 2 baths split plan, new roof, spacious kitchen, dining, living room, laundry room, covered screened porch. The 2 occupied homes features a 546 sqft 2 bed 1 bath home and a

    Tareek Beasley Keller Williams Realty of VB

    2840 41st St, Vero Beach, FL 32967
  • /5

    $1,500,000

    950 Sandpiper Ln, Vero Beach, FL 32963

    Great opportunity to own a 4-unit beachside condo property just across from the beach! Ideal for investors or owner-occupants, this property offers four separate units with strong income potential in a great coastal location. Perfect for short-term or long-term rentals, with excellent proximity to beaches, dining, and shopping.

    Ron Rennick Rennick Real Estate

    950 Sandpiper Ln, Vero Beach, FL 32963
  • /5

    $1,650,000

    706 19th St, Vero Beach, FL 32960

    FULLY LEASED multi-family includes 3 contiguous parcels of almost a third acre each, for a total of .95 acres with opportunity for future multi-family development! Two 2/1 and six 1/1 units with AC. Coin laundry. Quiet city location east of US1. New metal roof Feb. 2026, some impact windows. City water and sewer. Flood zone X. $120K+ gross annual rental income. Dimensions approximate.

    Lucy Hendricks Premier Estate Properties

    706 19th St, Vero Beach, FL 32960
  • /36

    $11,950,000

    401 18th St, Vero Beach, FL 32960

    Rarely offered premier income asset. 27 units constructed between 2022-2025. Low maintenance concrete block with metal roofs. Location off 17th Street South Causeway to Vero's widest beach and park. Steps to US-1 and shopping. Fully leased, high-end finishes including marble floors and granite countertops. NDA required prior to releasing detailed financials.

    Michael Thorpe One Sotheby's Int'l Realty

    401 18th St, Vero Beach, FL 32960
  • /12

    $1,500,000

    • 3,200 Sq Ft

    919 Turtle Cove Ln, Vero Beach, FL 32963

    Rarely available 4-unit multi-family building located in the heart of Vero Beach's barrier island, just 1⁄2 block to one of the area's most desirable accreting beaches. Concrete block construction featuring (4) 2-Bedroom units, exceptionally located near South Beach, close to top restaurants, including the new Tides, with Publix and Fresh Market just 5 minutes away. A unique coastal investment

    Joseph Schlitt Douglas Elliman Florida LLC

    919 Turtle Cove Ln, Vero Beach, FL 32963
  • /12

    $489,000

    • 2 Beds
    • 1 Bath
    • 745 Sq Ft

    3500 Ocean Dr Unit 414, Vero Beach, FL 32963

    Looking for an income property or 1031 exchange? Look no further! This 4th floor ocean view unit is managed by Kimpton Hotels and has all the luxury resort amenities you would imagine. 2 restaurants, White Orchid Spa, Fitness Center, Oceanfront pool & spa, Valet parking, and concierge service. The best restaurants and shops that Ocean Drive has to offer are walking distance from your unit!!

    Eddie Branigan Engel & Voelkers Vero Beach

    3500 Ocean Dr Unit 414, Vero Beach, FL 32963

Why Live in Vero Beach

Vero Beach, located on Florida's Treasure Coast, is a serene waterfront city with a population of around 18,000. Known for its welcoming community and water-centric lifestyle, it attracts many, including retirees. The city features nearly 20 parks, with popular Atlantic beachfront spots like Sexton Plaza Beach, Humiston Beach Park, and Jaycee Park. Boating and kayaking are common pastimes due to easy access to the intracoastal waterway. Cultural attractions include the McKee Botanical Garden and the Vero Beach Museum of Art. The housing market ranges from midcentury homes in downtown Vero Beach to waterfront mansions in gated communities. The area is prone to flooding, prompting many homeowners to invest in flood insurance and hurricane-rated features. The downtown area along 14th Avenue offers diverse restaurants, boutiques, and art galleries, while Ocean Drive features beachfront shops and eateries. Annual events like the Under the Oaks Art Show and weekly performances at Riverside Theatre are popular. The Indian River County School District and Saint Edward's School, both highly rated, serve the educational needs of the community. Major employers include the school district and Cleveland Clinic Indian River Hospital. Transportation is facilitated by State Road A1A, three main bridges to I-95, and GoLine bus services. The Vero Beach Regional Airport and Melbourne International Airport, 42 miles north, provide air travel options.

Home Price Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$415,000
Median Townhouse Sale Price
$337,500
Median 2 Bedroom Sale Price
$255,000
Median 1 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$289
Number of Homes for Sale
1,345
Last 12 months Home Sales
4,262
Months of Supply
3.80
Median List Price
$415,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
0%
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