1135 17th Place, Vero Beach, FL 32960

Property Features

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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.

▼ Price Reduced — originally listed at $699,999

Property Details

• Listing ID: B26014940
• Status: Active
• Listing Date: 2026-04-13
• Property Type: Quadruplex
• Subdivision: J A FRERES SUB
• County: Indian River
• MLS Area: 6321 - City of Vero Beach (IR)
• Bedrooms: 0
• Full Bathrooms: 0
• Living Area Sq Ft: 1,504
• Year Built: 1940

Financial

• List Price: $684,999
• Original List Price: $699,999
• HOA Fee: None
• Taxes: $5,037/yr

Features & Amenities

• Pets Allowed: Yes, No Restrictions
• Cooling: Ceiling Fan(s), Ductless, Electric
• Heating: Electric
• Flooring: Tile
• Construction: Concrete Block - With Stucco
• Roof: Metal
• Exterior Features: None

Courtesy of EXP Realty LLC

© 2026 Starfish Real Estate. Listings updated Aug 12, 2026 2:03 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.