2407 15th Ave - Residential Income FOR SALE


Vero Beach, FL 32960
$599,000 USD
772-778-2334
2407 15th Ave, Vero Beach, FL for Sale
$599,000 USD
Residential Income - FOR SALE
1/14
null | 5.46% Cap Rate

2407 15th Ave
Vero Beach, FL 32960


OVERVIEW

PROPERTY SUMMARY - Fully Rented Five-plex in Downtown Vero! - Central Location with Pool, Minutes from the Beach - Walking Distance to Shopping, Restaurant, and Downtown - Four 1-Bedroom / 1-Bathroom Units & One Efficiency Unit - All Units on One Electric Meter - Metal Roof Installed 2014 - City Water/Sewer, FPL - Renovated Kitchens and Restrooms - Wood Flooring (Most Units) - Central A/C BUILDING SIZES: 2,254 SF Five-plex Located on 0.29 Acres with Approx. 100 ft. of Frontage on 15th Ave. and Approx. 125 Ft. of Depth! YEAR BUILT: 1959 PROPERTY SIZE: 0.29 Acres PROPERTY TAXES: $5,296.00 (2024) ZONING: RM-10/12 - Residential Multifamily Med. & High Density ACTUAL NOI: $32,686.00 PRO-FORMA NOI: $37,006.00 ASKING PRICE: $599,000

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

5.46%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Five Plex

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

RM-10/12

APN/PARCEL ID

33-39-02-00001-0130-00006.0

ASK ABOUT THIS PROPERTY

Ed AmosLambert Commercial Real Estate, IncMore Info
772-778-2334

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Ed AmosLambert Commercial Real Estate, IncMore Info
772-778-2334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.