1135 17th Place, Vero Beach, FL 32960 (MLS# B26014940)

$674,750

1135 17th Place
Vero Beach, FL 32960
MLS# B26014940
1595 sqft

1 / 9

Property Description
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 updates. Fully occupied. Showings after accepted contract. Deal sheet available. Strong rental history with consistent income. Portion of rents supported by housing assistance programs.

Details

Maps

Contract Information

Comp Sale YN: No

Listing Date: 2026-04-13

Status: Active

Original List Price: 699999

List Price: $674,750

Current Price: $674,750

Negotiable Seller Concessions YN: Yes

Listing Service: Full Service

Location and Legal

Country: United States

County Or Parish: Indian River

Street Number: 1135

Street Name: 17th

Street Suffix: Place

Municipality Type: Incorporated

State Or Province: FL

Postal Code: 32960

Postal Code +4: 3618

Subdivision Name: J A FRERES SUB

Area: 6321 - City of Vero Beach (IR)

Geographic Area: INRV - Indian River

Elementary School: Vero Beach

Middle Or Junior School: Gifford

High School: Vero Beach

Special Assessment YN: No

Parcel Number: 333901000460020000030

Subdivision Number: 10004

Zoning: M

Flood Zone: X

General Property Information

Number Of Units Total: 4

Property Sub Type: Quadruplex

Building Area Main: 1595

Building Area Source: Appraiser

Living Area Main: 1504

Living Area Source: Appraiser

Accessibility Features YN: No

Year Built: 1940

Parking Total: 4

Gated Community YN: No

Lot Size Area: 6000

Lot Size Acres: 0.14

Senior Community YN: No

Stories Total: 1

Pool Private YN: No

Financial Information

Master Association YN: No

Tax Annual Amount: 5037.3

Tax Year: 2025

Tax Legal Description: J A FRERES SUB BLK 2 LOT 3 PBS 4-30

Meter Information

Separate Electric Meters YN: Yes

Number Of Separate Electric Meters: 4

Separate Gas Meters YN: No

Separate Water Meters YN: No

Number Of Meters Total: 1

Ceiling Fan Details

Number Of Ceiling Fans: 1

Pet Details

Pet Fee YN: No

Storm Protection

Impact Glass: Partial

Panel Shutters: Partial

Unit 1 Details

Actual Rent: 1450

Baths Full: 1

Beds Total: 1

Efficiency YN: No

Furnished: Unfurnished

Hotel Room YN: No

SqFt: 427

Unit 1 Lease Description

Currently Leased YN: Yes

Lease Term: 12 Months

Lease Expiration: 2027-03-31

Occupant Type: Tenant

Unit 1 Parking Details

Carport YN: No

Garage YN: No

Unit 2 Details

Actual Rent: 1450

Baths Full: 1

Beds Total: 1

Efficiency YN: No

Furnished: Unfurnished

Hotel Room YN: No

SqFt: 427

Unit 2 Lease Description

Currently Leased YN: Yes

Lease Term: Month To Month

Lease Expiration: 2026-05-01

Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No

Garage YN: No

Unit 3 Details

Actual Rent: 1595

Baths Full: 1

Beds Total: 1

Efficiency YN: No

Furnished: Unfurnished

Hotel Room YN: No

SqFt: 325

Unit 3 Lease Description

Currently Leased YN: Yes

Lease Term: 12 Months

Lease Expiration: 2027-04-30

Occupant Type: Tenant

Unit 3 Parking Details

Carport YN: No

Garage YN: No

Unit 4 Details

Actual Rent: 1500

Baths Full: 1

Beds Total: 1

Efficiency YN: No

Furnished: Unfurnished

Hotel Room YN: No

SqFt: 325

Unit 4 Lease Description

Currently Leased YN: Yes

Lease Term: Month To Month

Lease Expiration: 2026-05-01

Occupant Type: Tenant

Unit 4 Parking Details

Carport YN: No

Garage YN: No

Price Calculations

Current Price To SqFt: 465.42

Status Change Information

Major Change Timestamp: 2026-10-26T18:49:16Z

Major Change Type: Price Reduced

Price Change Timestamp: 2026-10-26T18:49:16Z

Status Change Date: 2026-04-13

Originating Details

Originating System Key: 20260413220934112011000000

Originating System ID: M00000170

Property Features

Documents Available: Copy Of Lease(s)

Exterior Features: None

Flooring: Tile

Property Condition: Resale

Special Listing Conditions: Standard

Tenant Pays: Cable TV

Source Of Expenses: Owner Provided

Construction Materials: Concrete Block - With Stucco

Cooling: Ceiling Fan(s); Ductless; Electric

Heating: Electric

Laundry Features: None

Levels: One

Listing Terms: Cash; Private Financing Available

Pets Allowed YN: Yes

Pets Allowed: No Restrictions

Possession: Close Of Escrow

Restrictions: No Smoking

Road Responsibility: Public Maintained Road

Road Surface Type: Paved

Roof: Metal

Sewer: Public Sewer

Tax Information: City/County

Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected; Underground Utilities

Water Access: None

Water Source: Public

Showing Requirements: Occupied

Unit 1 Appliances: Range; Refrigerator

Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)

Unit 1 Parking Features: Parking Space

Unit 1 Rooms: Kitchen

Unit 2 Appliances: Range; Refrigerator

Unit 2 Other Equipment: Air Conditioning Unit

Unit 2 Parking Features: Parking Space

Unit 2 Rooms: Kitchen

Unit 3 Appliances: Range; Refrigerator

Unit 3 Other Equipment: Smoke Detector(s)

Unit 3 Parking Features: Parking Space

Unit 3 Rooms: Kitchen

Unit 4 Appliances: Range; Refrigerator

Unit 4 Other Equipment: Smoke Detector(s)

Unit 4 Parking Features: Parking Space

Unit 4 Rooms: Kitchen

Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Listing Office: EXP Realty LLC

Last Updated: October - 29 - 2026

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