1135 17th Place, Vero Beach, FL
About this property
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.
Property facts
- Sqft
- 1,595
- Year Built
- 1940
- Location
- Vero Beach, FL 32960
- County
- Indian River County
- FEMA flood zone
- Zone X, minimal risk
- Ground elevation
- 13.7 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
Sources: FEMA National Flood Hazard Layer (panel 12061C0244J, effective 2023-01-26), USGS 3DEP, Florida Division of Emergency Management. Checked 2026-10-04. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.