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
Property Details
Price:
$545,000
MLS #:
284074
Status:
Active
Beds:
0
Baths:
0
Address:
4437 31st Avenue
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Gifford
Neighborhood:
County Central
City:
Vero Beach
Listed Date:
Jan 3, 2025
State:
FL
Finished Sq Ft:
2,600
ZIP:
32967
Lot Size:
22,216 sqft / 0.51 acres (approx)
Year Built:
1964
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Schools
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central, Individual
Laundry Features
Washer Hookup, Dryer Hookup, In Unit
Exterior
Community Features
None
Construction Materials
Block, Concrete
Exterior Features
None
Parking Features
None
Parking Spots
8
Roof
Shingle
Financial
HOA Name
Private
Tax Year
2024
Taxes
$2,225
Map
Community
- Address4437 31st Avenue Vero Beach FL
- SubdivisionGifford
- CityVero Beach
- CountyIndian River
- Zip Code32967
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Courtesy of Billero & Billero Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Vero Beach, FL. Detailed information about real estate listings held by brokerage firms other than Treasure Coast Realty include the name of the listing broker. Neither the listing company nor Treasure Coast Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Vero Beach, FL. All rights reserved. 4437 31st Avenue
Vero Beach, FL
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