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1505 Coral Avenue, Vero Beach, FL 32963,Vero Beach,Indian River,Residential Income

$1,988,050

Beds

Baths

3,099 ft2

Property Size

Year Built

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About The Property

Prime opportunity with a motivated seller! Excellent investment in the prestigious city of Vero Beach. Concrete block duplex on a corner lot zoned Multi-Family (2–9 units) with 3,099 A/C SF and steps from the beach. Aluminum roof. Each unit features its own private patio, offering added outdoor living space and privacy.Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a privateenclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes toDisney’s Vero Beach Resort, Costa d’Este Beach Resort, and Orchid Island Golf & Beach Club. Conveniently located 2 hours from Miami, 1 hour from West Palm Beach, and Orlando. Ideal for investors seeking long-termappreciation, a high rental income, or future development flexibility.

Property Details

Property Id: 3217950
Price: $1,988,050
Property Size: 3,099 ft2
BuildingAreaTotal: 3099
ConstructionMaterials: Block
ContractStatusChangeDate: 2026-09-23
Cooling: Central Air
CumulativeDaysOnMarket: 162
DaysOnMarket: 162
Directions: Take FL-713 N and US 1 S/U.S. Rte 1 N to Coral Ave in Vero Beach.
DocumentsAvailable: Other
ElementarySchool: Beachland
Flooring: Tile
GrossIncome: 11300
Heating: Central, Electric, Separate Meters
HighSchool: Vero Beach
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: Miami REALTORS
ListAgentAOR: Miami Association of REALTORS
ListAgentDirectPhone: 305-282-8255
ListAgentEmail: businessloanjenny@gmail.com
ListAgentFirstName: Jenny
ListAgentFullName: Jenny D Palacios
ListAgentKey: 26764788
ListAgentLastName: Palacios
ListAgentMiddleName: D
ListAgentMlsId: SEF3468360
ListAgentOfficePhone: 305-595-8166
ListAgentPreferredPhone: 305-282-8255
ListAgentStateLicense: 3468360
ListAgentURL: http://jennypalacios.keyes.com
ListOfficeAOR: Miami Association of REALTORS
ListOfficeEmail: victorulloa@keyes.com
ListOfficeKey: 5903823
ListOfficeMlsId: SEFKEYE09
ListOfficeName: The Keyes Company
ListOfficePhone: 305-595-8166
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2026-04-14
ListingId: A12000945
ListingTerms: Conventional, Owner Will Carry
MLSAreaMajor: 6311 - Beach City (IR)
MajorChangeTimestamp: 2026-09-15T09:53:10.000-00:00
MajorChangeType: Back On Market
MapCoordinateSource: Imported
MiddleOrJuniorSchool: Gifford
MlsStatus: Active
MobileDimUnits: Feet
ModificationTimestamp: 2026-09-23T17:30:47.217-00:00
NumberOfUnitsInCommunity: 2
NumberOfUnitsTotal: 2
OnMarketDate: 2026-09-23
OnMarketTimestamp: 2026-09-23T00:00:00.000-00:00
OriginalEntryTimestamp: 2026-04-14T16:32:32.000-00:00
OriginalListPrice: 2997900
OriginatingSystemID: M00000151
OriginatingSystemKey: 570580827
OriginatingSystemName: BEACH
ParcelNumber: 334005000120070000070
ParkingTotal: 6
PendingTimestamp: 2026-09-15T09:48:47.000-00:00
PhotosChangeTimestamp: 2026-09-23T17:21:40.567-00:00
PhotosCount: 42
Possession: Negotiable
PostalCity: Vero Beach
PostalCodePlus4: 2341
PreviousListPrice: 2997900
PriceChangeTimestamp: 2026-09-04T10:42:12.000-00:00
PropertyCondition: Resale
Roof: Aluminum
Sewer: Septic Tank
SourceSystemID: TRESTLE
SourceSystemKey: 1157577309
SourceSystemName: flexmls
StateOrProvince: FL
StatusChangeTimestamp: 2026-09-23T14:08:29.000-00:00
StoriesTotal: 1
StreetName: Coral
StreetNumber: 1505
StreetNumberNumeric: 1505
StreetSuffix: Avenue
StructureType: Duplex
TaxAnnualAmount: 17163
TaxLegalDescription: OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
TaxYear: 2025
UniversalPropertyId: US-12061-N-334005000120070000070-R-N
Utilities: Cable Available
YearBuilt: 1976
Zoning: R-1A

Amenities and Features

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Has Cooling System
Has Heating System

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$13,794.31
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 11,309.25

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Disclaimer

Property ID - | 3217950

All listings featuring the San Jose logo are provided by Association of San Jose. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2024 Association San Jose. All rights reserved.

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1505 Coral Avenue, Vero Beach, FL 32963,Vero Beach,Indian River,Residential Income

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