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Stephanie Bishop

stephanie.bishop@engelvoelkers.com +1(772) 321-7585

$ 475,000

Est. payment -/mo

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Active Under Contract

1150 Old Dixie HWY Vero Beach, FL 32960

UPDATED:

02/14/2025 09:30 PM

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Malaluka Gardens

MLS Listing ID 282970

HOA Y/N No

Year Built 1910

Annual Tax Amount $3,395

Tax Year 2023

Property Sub-Type Apartment

Property Description

5 units in 2 buildings, incredibly priced at less than $100k per unit! 4 of the units are currently occupied by stable tenants on month-to-month leases. Recently vacated unit is ready to rent and is being used as "model" unit for selling purposes. Property needs exterior repairs, plumbing and electrical could be updated, roofs are 2013. In desirable location in walking distance to Publix and other stores. Property is also ZONED COMMERCIAL for someone wanting to go that route now or in the future. Owner illness has resulted in upkeep oversight and necessitates sale. Do not disturb tenants.

Location

State FL

County Indian River

Area County Southeast

Zoning ,

Interior

Heating Central

Cooling Central Air, 3+ Units

Flooring Laminate

Fireplace No

Laundry None

Exterior

Exterior Feature Shed

Parking Features None

Pool None

Community Features Sidewalks

Waterfront Description None

Water Access Desc Public

Roof Type Rolled/Hot Mop,Shingle

Total Parking Spaces 6

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Entry Level Two

Sewer Septic Tank

Water Public

Level or Stories Two

Additional Building Shed(s)

Others

HOA Name none

Tax ID 33391200009000000006.0

Acceptable Financing Cash

Listing Terms Cash

REALTORS® Association of Indian River County, Inc. (RAIRC)

Listed by LOKATION

Stephanie Bishop

Advisor | License ID: 627901

+1(772) 321-7585

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