4437 31st AVE Active

Vero Beach,FL 32967

$ 545000

- Bed

- Bath

2600 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $209

Subdivision Gifford

MLS Listing ID 284074

HOA Y/N No

Year Built 1964

Annual Tax Amount $2,225

Tax Year 2024

Lot Size 0.510 Acres

Acres 0.51

Property Description

Prime Investment Opportunity: Quadplex w/ Impressive Cash Flow Near the Beach! This exceptional investment property sits tucked away in privacy + consists of 2 building each w/ 2 fully remodeled top-to-bottom 2/1 units. 4 fully occupied units - all new finishes in 2022: new roofs, 4 A/Cs, water heaters, appliances + tile. W/D hookup in each unit; separate electric meters. Centrally located close to medical facilities, shopping + dining. Reliable, steady income; ideal addition for any real estate portfolio offering long-term stability + immediate returns yielding a 9.7% cap rate

Location

State FL

County Indian River

Area County Central

Zoning ,

Interior

Heating Central,Individual

Cooling Central Air

Flooring Tile

Fireplace No

Laundry Washer Hookup,Dryer Hookup,In Unit

Exterior

Exterior Feature None

Parking Features None

Pool None

Community Features None

Waterfront Description None

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 8

Building

Lot Description 1/2 to 1 Acre Lot

Story 1

Entry Level One

Sewer County Sewer

Water Public

Level or Stories One

Others

HOA Name Private

Tax ID 32392700000100000009.0

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