Skip To Content

1150 Old Dixie Highway

Vero Beach, FL 32960
  • $398,750
  • STATUS: Active
  • ON SITE: 242 Days
  • MLS #: 282970
UPDATED: 19 min ago
$398,750
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Malaluka Gardens
Type:
Multi-Family
Built:
1910
County:
Indian River
Area:
County Southeast

School Ratings & Info

Visit GreatSchools.org

Description

House in front (3 units), Duplex in back (2 units). All units are currently occupied by stable tenants on month-to-month leases. Excellent income but property needs exterior repairs, although interiors are in better condition. Plumbing and electrical also need to be updated. Roofs are 2013, 2024.This property is CASH ONLY and sold AS-IS. Please do not disturb tenants. Interior viewing only scheduled with written offer. Owner illness has resulted in upkeep oversight and also necessitates sale. Excellent income immediately. The price reflects the need for investment in repairs.

Monthly Payment Calculator



© 2025 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kelly Fischer Team at ONE Sotheby's International Realty. Data last updated: 2025-07-17T11:37:28.053.
www.kellyfischerteam.com/homes/157945978
Print Image

1150 Old Dixie Highway Vero Beach, FL 32960

  • Price: $398,750
  • Status: Active
  • On Site: 242 Days
  • Updated: 19 min ago
  • MLS #: 282970
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Malaluka Gardens
County:
Indian River
Area:
County Southeast
Property Description
House in front (3 units), Duplex in back (2 units). All units are currently occupied by stable tenants on month-to-month leases. Excellent income but property needs exterior repairs, although interiors are in better condition. Plumbing and electrical also need to be updated. Roofs are 2013, 2024.This property is CASH ONLY and sold AS-IS. Please do not disturb tenants. Interior viewing only scheduled with written offer. Owner illness has resulted in upkeep oversight and also necessitates sale. Excellent income immediately. The price reflects the need for investment in repairs.
Exterior Features

Construction Materials Frame Exterior Features Shed Levels Two Lot Features 1 /4 to 1 /2 Acre Lot Parking Features None Parking Total 6 Road Surface Type Paved Roof Rolled / Hot Mop Shingle Waterfront Features None Waterfront YN No

Interior Features

Cooling Central Air3+ Units Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Laminate Heating Central Heating YN Yes Laundry Features None Window Features Casement Window(s)

Property Features

Community Features Sidewalks Gross Income 58500 Insurance Expense 700 Listing Terms Cash Lot Size Dimensions .29 Maintenance Expense 0 Net Operating Income 46367 Operating Expense 12133 Other Structures Shed(s) Pool Features None Possible Use Mixed Use Property Sub Type Apartment Sewer Septic Tank Tax Annual Amount 3395 Tax Lot 6 Tax Year 2023 Tenant Pays Cable TV Utilities Expense 7800 Water Source Public Zoning Zoning Description Commercial Multiple

Listing courtesy of LOKATION: 954-545-5583.


© 2025 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kelly Fischer Team at ONE Sotheby's International Realty. Data last updated: 2025-07-17T11:37:28.053.
 
https://bt-photos.global.ssl.fastly.net/indianriver/orig_boomver_1_282970-2.jpg https://bt-photos.global.ssl.fastly.net/indianriver/orig_boomver_1_282970-2.jpg https://bt-photos.global.ssl.fastly.net/indianriver/orig_boomver_1_282970-2.jpg
Logo
Kelly Fischer Team at ONE Sotheby's International Realty
1006 Beachland Blvd
Vero Beach FL, 32963