4437 31st AVE 1 new 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 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 + impact windows. 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
Utilities Available Electric,Public Sewer
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
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