4437 31st AVE 1 Active Save Request In-Person Tour Request Virtual Tour
Vero Beach,FL 32967
Key Details
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $209
Subdivision Gifford Area West
MLS Listing ID RX-11049467
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1964
Annual Tax Amount $2,225
Tax Year 2024
Lot Size 0.506 Acres
Property Sub-Type Quad Plex
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
Community Gifford Area West
Area 6321 - City Of Vero Beach (Ir)
Zoning RM-10
Interior
Heating Central,Electric
Cooling Central,Electric
Flooring Ceramic Tile
Exterior
Exterior Feature None
Community Features Sold As-Is
Utilities Available Electric,Public Sewer
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description 1/2 to < 1 Acre
Story 1.0
Foundation CBS,Concrete
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/4437-31st-Avenue-1-Vero-Beach-FL-32967/unbranded