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4437 31st Avenue

Vero Beach, FL 32967
  • $545,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 284074
$545,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,600
    SQFT
  • $210
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

Prime Investment Opportunity: Quadplex w/ Impressive Cash Flow Near the Beach! This exceptional investmentproperty sits tucked away in privacy + consists of 2 building each w/ 2 fully remodeled top-to-bottom 2/1units. 4 fully occupied units - all new finishes in 2022: new roofs, 4 A/Cs, water heaters, appliances + tile. 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

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© 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: 2025-02-13T23:37:26.213.
www.kellyfischerteam.com/homes/159210070
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4437 31st Avenue Vero Beach, FL 32967

  • Price: $545,000
  • Status: Active
  • On Site: 38 Days
  • MLS #: 284074
0
Beds
0
Baths
0
½ Baths
0.51
Acres
2,600
SQFT
$210
$/SQFT
1964
Built
Neighborhood:
Gifford
County:
Indian River
Area:
County Central
Property Description
Prime Investment Opportunity: Quadplex w/ Impressive Cash Flow Near the Beach! This exceptional investmentproperty sits tucked away in privacy + consists of 2 building each w/ 2 fully remodeled top-to-bottom 2/1units. 4 fully occupied units - all new finishes in 2022: new roofs, 4 A/Cs, water heaters, appliances + tile. 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
Exterior Features

Construction Materials Block Concrete Exterior Features None Levels One Lot Features 1 /2 to 1 Acre Lot Parking Features None Parking Total 8 Roof Shingle Waterfront Features None Waterfront YN No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Tile Heating Central Individual Heating YN Yes Laundry Features Washer Hookup Dryer Hookup In Unit Window Features None Single Hung

Property Features

Community Features None Gross Income 66000 Insurance Expense 0 Lot Size Dimensions 105x210 Maintenance Expense 5000 Net Operating Income 53000 Operating Expense 13000 Pool Features None Possible Use Mixed Use Property Sub Type Quadruplex Sewer County Sewer Tax Annual Amount 2225 Tax Lot 9 Tax Year 2024 Tenant Pays Cable TV Electricity Trash Collection Water Utilities Expense 0 Water Source Public Zoning Zoning Description Multiple

Listing courtesy of Billero & Billero Properties: 772-231-0001.


© 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: 2025-02-13T23:37:26.213.
 
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Kelly Fischer Team at ONE Sotheby's International Realty
1006 Beachland Blvd
Vero Beach FL, 32963