4-unit income property in downtown Vero Beach generating ~$5

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Lot For Sale

1135 17th Place

Vero Beach, Florida 32960

Indian River County

Community: J a Freres

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$699,999 0.140 acres

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.

  • Lot Size: 0.140 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $5,037
  • MLS #: 296577
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Contact Information:
Beach Lot For Sale in Vero Beach, Florida
Listing Agent: Katie J Holmes, EXP REALTY LLC, 772-913-4844, 888-883-8509 Listing Site, Listing Status: Active
Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7564130
Viewed 14 times.
Updated: Apr 13, 2026

This property is a Lot located at 1135 17th Place, Vero Beach, Florida 32960, and is currently For Sale at $699,999.