4437 31st Avenue Unit 1
Vero Beach, FL 32967
- – beds
- – baths
- 2,600 sqft
- $209 per sqft
- 1964 build
- – on site
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.
Last checked:
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Last updated Jan 7, 2025
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MLS# RX-11049467 —
The Building
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Year Built:1964
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Unit #:1
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Separate Water Meters:Yes
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SqFt Total:2600
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SqFt Source:Tax Rolls
Interior
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SqFt Living:2600
Financial & Terms
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Short Sale:No
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HOPA:No Hopa
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Price Per SqFt:$209.62
Location
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Directions:From US1 head West on 45th Street, to South on 31st Avenue. Property on West side of street. Down dirt road/driveway to access.
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Area:6321 - City of Vero Beach (IR)
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Latitude:27.673991
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Longitude:-80.417861
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Geographic Area:IR21
The Property
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Parcel ID:32392700000100000009.0
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Zoning:RM-10
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Type:Quad Plex
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Lot SqFt:22,050 Sqft
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Lot Dimensions:105.0 ft x 210.0 ft
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (772) 633-3203
- Office phone:
- (772) 231-0001
Taxes
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Taxes:$2,225.34
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Tax Year:2024
The Listing
The Community
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Development Name:Gifford Area West
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Subdivision:Gifford Area West
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Pets on Premises:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/6/25
Jan 6, 2025
|
Listed / Active | BMLS | $545,000 |
